Finally, strategy must have continuity. It can't be constantly reinvented.
More Quotes from Michael Porter:
The essence of strategy is choosing what not to do.Michael Porter
The chief strategist of an organization has to be the leader - the CEO.
Michael Porter
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.
Michael Porter
A strategy delineates a territory in which a company seeks to be unique.
Michael Porter
If your goal is anything but profitability - if it's to be big, or to grow fast, or to become a technology leader - you'll hit problems.
Michael Porter
It is a real disappointment to see us make so many mistakes. The mistakes cost us the game. We were prepared, but mistakes cost us.
Michael Porter
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