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Michael Porter QUOTES / QUOTATIONS
A strategy delineates a territory in which a company seeks to be unique.
Quotation of Michael Porter
Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
Quotation of Michael Porter
Change brings opportunities. On the other hand, change can be confusing.
Quotation of Michael Porter
Companies operating in urban communities have a tremendous ripple effect.
Quotation of Michael Porter
Finally, strategy must have continuity. It can't be constantly reinvented.
Quotation of 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.
Quotation of 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.
Quotation of Michael Porter
Innovation is the central issue in economic prosperity.
Quotation of Michael Porter
So companies have to be very schizophrenic. On one hand, they have to maintain continuity of strategy. But they also have to be good at continuously improving.
Quotation of Michael Porter
Sound strategy starts with having the right goal.
Quotation of Michael Porter
Strategy 101 is about choices: You can't be all things to all people.
Quotation of Michael Porter
Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.
Quotation of Michael Porter
The ability to change constantly and effectively is made easier by high-level continuity.
Quotation of Michael Porter
The best CEOs I know are teachers, and at the core of what they teach is strategy.
Quotation of Michael Porter
The chief strategist of an organization has to be the leader - the CEO.
Quotation of Michael Porter
The company without a strategy is willing to try anything.
Quotation of Michael Porter
The essence of strategy is choosing what not to do.
Quotation of Michael Porter
The essence of strategy is that you must set limits on what you're trying to accomplish.
Quotation of 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.
Quotation of Michael Porter
The underlying principles of strategy are enduring, regardless of technology or the pace of change.
Quotation of Michael Porter
There's a fundamental distinction between strategy and operational effectiveness.
Quotation of Michael Porter