Michael Porter Quotes and Sayings - Page 1
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“A strategy delineates a territory in which a company seeks to be unique.”
-- Michael Porter -
“The best CEOs I know are teachers, and at the core of what they teach is strategy.”
-- Michael PorterSource : "Strategy bites back: It is a lot more, and less, than you ever imagined". Book by Henry Mintzberg, Bruce W. Ahlstrand, Joseph Lampel (p. 45), 2005.
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“Companies operating in urban communities have a tremendous ripple effect.”
-- Michael Porter -
“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.”
-- Michael Porter -
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“The essence of strategy is choosing what not to do.”
-- Michael PorterSource : Harvard Business Review, John P. Kotter, Michael Porter, Elizabeth Olmsted Teisberg (2015). “Leadership, Strategy, and Innovation: Health Care Collection (8 Items)”, p.1721, Harvard Business Review Press
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“Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.”
-- Michael PorterSource : "What is strategy?" by Michael Porter, Harvard Business Review, November 1996.
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“There's a fundamental distinction between strategy and operational effectiveness.”
-- Michael PorterSource : "What is strategy?" by Michael Porter, Harvard Business Review, November 1996.
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“Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.”
-- Michael PorterSource : Harvard Business Review, John P. Kotter, Michael Porter, Elizabeth Olmsted Teisberg (2015). “Leadership, Strategy, and Innovation: Health Care Collection (8 Items)”, p.1700, Harvard Business Review Press
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“The company without a strategy is willing to try anything.”
-- Michael Porter -
“Finally, strategy must have continuity. It can't be constantly reinvented.”
-- Michael Porter -
“Innovation is the central issue in economic prosperity.”
-- Michael Porter -
“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.”
-- Michael Porter -
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“The ability to change constantly and effectively is made easier by high-level continuity.”
-- Michael Porter -
“Strategy is about setting yourself apart from the competition. It's not a matter of being better at what you do - it's a matter of being different at what you do.”
-- Michael Porter -
“Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.”
-- Michael Porter -
“Strategic thinking rarely occurs spontaneously”
-- Michael Porter -
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“Ultimately, health care fails the most basic test. It's not organized around the needs of the patient.”
-- Michael Porter -
“Health care historically has been a very siloed field that's organized around medical specialties - urology, cardiac surgery, and so forth - and around the supply of these specialty services. The patient is the ping-pong ball that moves from service to service.”
-- Michael Porter -
“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.”
-- Michael Porter -
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“Businesses must reconnect company success with social progress. Shared value is not social responsibility, philanthropy, or even sustainability, but a new way to achieve economic success. It is not on the margin of what companies do but at the center. We believe that it can give rise to the next major transformation of business thinking.”
-- Michael PorterSource : "The Big Idea: Creating Shared Value" by Michael E. Porter and Mark R. Kramer, www.huffingtonpost.com. January 28, 2011.
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“In the vast majority of businesses, there is simply no such thing as ‘the best,’”
-- Michael Porter -
“Good leaders need a positive agenda, not just an agenda of dealing with crisis.”
-- Michael Porter -
“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.”
-- Michael Porter -
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“The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.”
-- Michael PorterSource : "The Big Idea: Creating Shared Value" by Michael E. Porter and Mark R. Kramer, www.huffingtonpost.com. January 28, 2011.
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“A target should go with every goal. A target is the value that defines success.”
-- Michael Porter -
“Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.”
-- Michael PorterSource : Michael E. Porter (1985). “Competitive Advantage: Creating and Sustaining Superior Performance”
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“If a strategy meets a goal: It's working. If a strategy meets a target: It's a success.”
-- Michael Porter -
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“Change brings opportunities. On the other hand, change can be confusing.”
-- Michael Porter -
“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.”
-- Michael Porter
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