The essence of strategy is choosing what not to do.
More Quotes from Michael Porter:
The essence of strategy is that you must set limits on what you're trying to accomplish.Michael Porter
Strategy 101 is about choices: You can't be all things to all people.
Michael Porter
The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they're mutually reinforcing.
Michael Porter
So companies have to be very schizophrenic. On one hand, they have to maintain continuity of strategy. But they also have to be good at continuously improving.
Michael Porter
The best CEOs I know are teachers, and at the core of what they teach is strategy.
Michael Porter
The chief strategist of an organization has to be the leader - the CEO.
Michael Porter
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We do not know what we want and yet we are responsible for what we are - that is the fact.
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I enjoyed debate on the floor but it's not really debate in the same way.
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