"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."

Strategy,

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"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."

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Explore more quotes by Michael Porter

"The best CEOs I know are teachers, and at the core of what they teach is strategy."

Strategy

"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."

Direction

"The chief strategist of an organization has to be the leader - the CEO."

Leadership

"The ability to change constantly and effectively is made easier by high-level continuity."

Change

"Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money."

Business

"Sound strategy starts with having the right goal."

Strategy

"Companies operating in urban communities have a tremendous ripple effect."

Business

"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."

Success

"Strategy 101 is about choices: You can't be all things to all people."

People

"Finally, strategy must have continuity. It can't be constantly reinvented."

Strategy