Companies operating in urban communities have a tremendous ripple effect.

The company without a strategy is willing to try anything.

There's a fundamental distinction between strategy and operational effectiveness.

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

Sound strategy starts with having the right goal.

Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.

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.

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

A strategy delineates a territory in which a company seeks to be unique.

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

The underlying principles of strategy are enduring, regardless of technology or the pace of change.

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.

Change brings opportunities. On the other hand, change can be confusing.

Companies operating in urban communities have a tremendous ripple effect.

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

The essence of strategy is that you must set limits on what you're trying to accomplish.

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

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

The essence of strategy is choosing what not to do.

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.

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.

Innovation is the central issue in economic prosperity.

Companies understand that if their employees are sick, it's really expensive. So despite the rhetoric I hear, thank God employers are still in the health-care system.

I teach in the medical school, the School of Public Health, the Kennedy School of Government, and the Business School. And it's the best perch... because most of my work crosses boundaries.

I'm really puzzled by why people in societies find it difficult to work collaboratively together with other people in societies.

In America, the problems of poverty and low income, particularly for minorities, are disproportionately focused in the inner cities. Shining a spotlight on the businesses growing in these communities is proof that any community has the potential for entrepreneurship.

Unfortunately, I'm an engineer. I'm always thinking about, what's the task and how do I get it done? And some of my tasks are pretty broad, and pretty fuzzy, and pretty funky, but that's the way I think.

You can't have a healthy society unless you have healthy companies that are making a profit, that are employing people and that are growing.

Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.

The thing is continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact theyre mutually reinforcing.

Good leaders need a positive agenda not just an agenda of dealing with crisis.

Good leaders need a positive agenda, not just an agenda of dealing with crisis.

The present contains nothing more than the past, and what is found in the effect was already in the cause.

Bambi has a profound effect on children because it's about losing your mother.

To believe in a just law of cause and effect, carrying with it a punishment or a reward, is to believe in righteousness.

Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant.

The truth is, it's not a great career move to create a readership and then, in effect, abandon them.

I am for an art that takes into account the direct effect of the elements as they exist from day to day apart from representation.

Planets are too dim to be detected with existing equipment, far away, except in these very special circumstances where they're seen by their gravitational effect.

Well, in pharmacology, if the effect is local, it's of course absolutely awkward to use it in any other way than as a local treatment.

Writing songs has a therapeutic effect, and it either kills off love or wins the heart of the lover.

The good news was that Enterprise and the newly arrived Yorktown had attacked the Marshall and Gilbert islands. Those attacks had a great effect on morale.

Motherhood has a very humanizing effect. Everything gets reduced to essentials.

The Tax Code today is more complicated than ever, and the very people on the Republican side who denounce the Tax Code's complexity are the ones that put together what they now call a convoluted monstrosity. They put it into effect.

If the many allegations made to this date are true, then the burglars who broke into the headquarters of the Democratic National Committee at the Watergate were, in effect, breaking into the home of every citizen.

It would be great to take one city street and turn it into a pedestrian corridor and see what kind of effect it has on the businesses in that area - It's the future I think.

To enlarge or illustrate this power and effect of love is to set a candle in the sun.

The cause is hidden; the effect is visible to all.

Logic, like whiskey, loses its beneficial effect when taken in too large quantities.