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

This quote by Michael Porter is highlighting the significance of making tactical decisions. It is impossible to please everybody, so it is important to focus on what is crucial and make decisions that will benefit the organization in the long run. Strategy 101 has to do with comprehending the compromises that feature making choices and being able to prioritize the needs of the company. It is necessary to understand the ramifications of each decision and how it will impact the organization in the future. By making tactical choices, companies can focus on their core proficiencies and develop a competitive advantage. Eventually, Strategy 101 is about making the ideal options and comprehending the repercussions of those decisions.