Michael Porter Quotes
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Strategy is about setting yourself apart from the competition. It's not a matter of being better at what you do - it's a matter of being different at what you do.
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If a strategy meets a goal: It's working. If a strategy meets a target: It's a success.
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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.
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Businesses must reconnect company success with social progress. Shared value is not social responsibility, philanthropy, or even sustainability, but a new way to achieve economic success. It is not on the margin of what companies do but at the center. We believe that it can give rise to the next major transformation of business thinking.
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The essence of strategy is choosing what not to do.
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Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.
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A strategy delineates a territory in which a company seeks to be unique.
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If all you're trying to do is essentially the same thing as your rivals, then it's unlikely that you'll be very successful.
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Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
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You can't be all things to all people.