Occupation: Professor Birth: May 23, 1947
The best CEOs I know are teachers, and at the core of what they teach is strategy..
Operational effectiveness and strategy are both essential to superior performance..
There's a fundamental distinction between strategy and operational effectiveness..
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 pr….
Strategy is choice. Strategy means saying no to certain kinds of things..
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….
Innovation is the central issue in economic prosperity..
The essence of strategy is choosing what not to do..
You can't be all things to all people..
A strategy delineates a territory in which a company seeks to be unique..
Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs..
The essence of strategy is that you must set limits on what you're trying to accomplish..
The company without a strategy is willing to try anything..
Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value..
Businesses must reconnect company success with social progress. Shared value is not social responsibility, philanthropy, or even sustainability, but ….
Strategy is about making choices, trade-offs; it's about deliberately choosing to be different..
Sound strategy starts with having the right goal.
Change brings opportunities. On the other hand, change can be confusing..
Good leaders need a positive agenda, not just an agenda of dealing with crisis..
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..
Without a goal analytics is aimless and worthless..