Michael Porter — American Educator

Michael Eugene Porter is the Bishop William Lawrence University Professor at The Institute for Strategy and Competitiveness, based at the Harvard Business School. He is a leading authority on competitive strategy and the competitiveness and economic development of nations, states, and regions. Michael Porter's work is recognized in many governments, corporations and academic circles globally. He chairs Harvard Business School's program dedicated for newly appointed CEOs of very large corporations... (wikipedia)

Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.
The essence of strategy is that you must set limits on what you're trying to accomplish.
In a period of economic downturn, the overwhelming instinct is to pare back, cut costs, and lay off. If you do that, do so with your strategy in mind. The worst mistake is to cut across the board. Instead, reconnect and recommit to a clear strategy that will distinguish yourself from others.
The best CEOs I know are teachers, and at the core of what they teach is strategy.
Good leaders need a positive agenda, not just an agenda of dealing with crisis.