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Strategy Quotations
“Leaders establish the vision for the future and set the strategy for getting there; they cause change. They motivate and inspire others to go in the right direction and they, along with everyone else, sacrifice to get there.” John Kotter - [Professor] “If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.” - Jack Welch “However beautiful the strategy, you should occasionally look at the
results.” - Winston Churchill [British Orator, Author and Prime
Minister during World War II. 1874-1965] Sustaining high business performance is a product of continuous strategic alignment, - Med Yones, [President of International Institute of Management] A strategy delineates a territory in which a company seeks to be unique. - Michael Porter [Harvard Professor] Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money. - Michael Porter [Harvard Professor] Change brings opportunities. On the other hand, change can be confusing. - Michael Porter [Harvard Professor] Companies operating in urban communities have a tremendous ripple effect. - Michael Porter [Harvard Professor] Finally, strategy must have continuity. It can't be constantly reinvented. - Michael Porter [Harvard Professor] 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 [Harvard Professor] 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 [Harvard Professor] Innovation is the central issue in economic prosperity. - Michael Porter [Harvard Professor] 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 [Harvard Professor] Sound strategy starts with having the right goal. - Michael Porter [Harvard Professor] Strategy 101 is about choices: You can't be all things to all people. - Michael Porter [Harvard Professor] Strategy is about making choices, trade-offs; it's about deliberately choosing to be different. - Michael Porter [Harvard Professor] The ability to change constantly and effectively is made easier by high-level continuity. - Michael Porter [Harvard Professor] The best CEOs I know are teachers, and at the core of what they teach is strategy. - Michael Porter [Harvard Professor] The chief strategist of an organization has to be the leader - the CEO. - Michael Porter [Harvard Professor] The company without a strategy is willing to try anything. - Michael Porter [Harvard Professor] The essence of strategy is choosing what not to do. - Michael Porter [Harvard Professor] The essence of strategy is that you must set limits on what you're trying to accomplish. - Michael Porter [Harvard Professor] 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. The underlying principles of strategy are enduring, regardless of technology
or the pace of change. There's a fundamental distinction between strategy and operational
effectiveness.
“You have to be fast on your feet and adaptive or else a strategy is
useless.”
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