The essence of strategy is that you must set limits on what you're trying to accomplish.
Michael PorterRisk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.
Michael PorterThe 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 crimeโฆ 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.
Michael Porter