“The essence of strategy is choosing what not to do.”
“The essence of strategy is choosing what not to do.”
Michael E. Porter, What Is Strategy?“If the forces are intense, (..) almost no company earns attractive returns on investment.If the forces are benign, (..) many companies are profitable. P. 25”
Michael E. Porter, HBR's 10 Must Reads on Strategy“Understanding industry structure is also essential to effective strategic positioning P. 26”
Michael E. Porter, HBR's 10 Must Reads on Strategy“The strongest competitive force or forces determine the profitability of an industry and become the most important to strategy formulation. The most salient force, however, is not always obvious. P. 26”
Michael E. Porter, HBR's 10 Must Reads on Strategy“Understanding the competitive forces, and their underlying causes, reveals the roots of an industry’s current profitability while providing a framework for anticipating and influencing competition (and profitability) over time. P. 26”
Michael E. Porter, HBR's 10 Must Reads on Strategy“Competitive forces = the underlying drivers of profitability P.25”
Michael E. Porter, HBR's 10 Must Reads on Strategy“In essence, the job of the strategist is to understand and cope with competition. P. 25”
Michael E. Porter, HBR's 10 Must Reads on StrategyAll in One Creative & Marketing Platform to tell stories at scale
