Innovation is the central issue in economic prosperity.

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.

I think that somebody with the resources and innovation and the idea is going to come out of nowhere and come up with a successful space travel program.

Innovation distinguishes between a leader and a follower.

Technological innovation is indeed important to economic growth and the enhancement of human possibilities.

There are 20 million unemployed and what does the Constitution offer us in the Europe of 25, 27 and soon to be 30: policies of unrestricted competition to the detriment of production, wages, research and innovation.

If you go into a bar in most places in America and even say the word poetry, you'll probably get beaten up. But poetry is a really strong, beautiful form to me, and a lot of innovation in language comes from poetry.

As the world's sole remaining super power and economic powerhouses, our nation's ability to be at the forefront of innovation and production has enabled unparalleled economic success of our nation's workforce.

Look at the product pipeline, look at the fantastic financial results we've had for the last five years. You only get that kind of performance on the innovation side, on the financial side, if you're really listening and reacting to the best ideas of the people we have.

Fight piracy; don't squash innovation.

An innovation is one of those things that society looks at and says, if we make this part of the way we live and work, it will change the way we live and work.

Human societies vary in lots of independent factors affecting their openness to innovation.

Business has only two functions - marketing and innovation.

America demands invention and innovation to succeed.

We need a positive economic agenda that invests in the innovation and growth that will create jobs for middle class families and ensure that America remains the world leader.

The trick with computers I think, is to approach old and new things with the same reverence as you would like your favourite chair and not be seduced by the constant innovation otherwise you never do anything.

Any good music must be an innovation.

The place of exciting innovation - where the action is - that's Rhode Island!

In order for America to remain a global leader in innovation and opportunity, we must give our children a solid foundation in math and science.