The economic distress of America's inner cities may be the most pressing issue facing the nation. The lack of businesses and jobs in disadvantaged urban areas fuels not only a crushing cycle of poverty but also crippling social problems such as drug abuse and crime… A sustainable economic base can be created in the inner city, but only as it has been created elsewhere: through private, for-profit initiatives and investment based on economic self-interest and genuine competitive advantage.

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

A target should go with every goal. A target is the value that defines success.

Strategic thinking rarely occurs spontaneously

The company without a strategy is willing to try anything.

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

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.