A Quote by Michael Porter

Strategy is about making choices, trade-offs; it's about deliberately choosing to be different. — © Michael Porter
Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.
Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
When you choose a language, you're choosing more than a set of technical trade-offs-you're choosing a community.
Life is full of trade-offs. At different phrases in your life, you're able to do certain things that you can't do at other phases. And you make choices.
True strategy is about placing bets and making hard choices under conditions of uncertainty, not about assuming plans can remove risk.
Strategy means making clear-cut choices about how to compete.
Strategy is simply resource allocation. When you strip away all the noise, that's what it comes down to. Strategy means making clear cut choices about how to compete. You cannot be everything to everybody, no matter what the size of your business or how deep its pockets.
It's the same with menus and men and just about anything else: we think we're choosing things for ourselves, but in fact we may not be choosing anything. It could be that everthing's being decided in advance and we pretend we're making choices. Free will may be an illusion. I often think that.
When you’re living by default, you’re automatically reacting to life in habitual ways, many of which may be limiting you and your life. In contrast, living deliberately means making more conscious and constructive life choices. When you’re living deliberately, you’re living from a position of responsibility; you’re making choices with greater awareness. You’re taken yourself off autopilot, so you’re better prepared to align your actions with the results you want to achieve.
Middle-class Americans really don't want to hear about sacrifices or trade-offs - except as flattering descriptions about how ready we, as a people, are, or used to be, to accept them.
You need to be uncomfortable and apprehensive: True strategy is about placing bets and making hard choices. The objective is not to eliminate risk but to increase the odds of success.
It's about players making choices as they play, and then dealing with the consequences of those choices. It's about you telling your story, not me telling mine. It's about you.
The anointed don't like to talk about painful trade-offs. They like to talk about happy "solutionsthat get rid of the whole problem- at least in their imagination.
People who achieve great things are people who make choices. Far too many people today let life dictate their future instead of the other way around. Choices are hard - that's why so few actually make them. But as the saying goes - not to make a choice is to make a choice. When it comes to choices, The question is - what choices will you make today? The world doesn't care about your problems, or what's holding you back. They don't care about your past failures, or any other obstacles you face. Stop making excuses and start making choices.
Every entrepreneur faces trade-offs when founding and growing their company. As we discovered at YouTube, those early decisions have far-reaching impacts and lead to unforeseen pitfalls down the road. Noam Wasserman uses vivid anecdotes and deep research to expertly outline the key early choices that define a startup, making The Founder's Dilemmas an invaluable alternative to real-world trial and error.
Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
Sometimes I think about all the hours spent making lunches, carting kids from one place to another, being up in the middle of the night taking temperatures. People who haven't had to do that have, say, read every last book up there from cover to cover and probably remember it. There are trade-offs. But more life is more life.
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