Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
MICHAEL PORTER
MICHAEL PORTER
Michael Porter on function
Michael Porter38 quotes“Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.”
More from Michael Porter
The essence of strategy is that you must set limits on what you’re trying to accomplish.
Michael PorterMichael Porter Good leaders need a positive agenda, not just an agenda of dealing with crisis.
Michael PorterMichael Porter Finally, strategy must have continuity. It can’t be constantly reinvented.
Michael PorterMichael 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 PorterMichael Porter The essence of strategy is choosing what not to do.
Michael PorterMichael 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 PorterMichael Porter Efforts to preserve all industries will lower the national standard of living.
Michael PorterMichael Porter If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
Michael PorterMichael Porter Innovation is the central issue in economic prosperity.
Michael PorterMichael Porter Sound strategy starts with having the right goal
Michael PorterMichael Porter Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
Michael PorterMichael 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 PorterMichael Porter Without a goal analytics is aimless and worthless.
Michael PorterMichael Porter A strategy delineates a territory in which a company seeks to be unique.
Michael PorterMichael Porter The ability to change constantly and effectively is made easier by high-level continuity.
Michael PorterMichael Porter A target should go with every goal. A target is the value that defines success.
Michael PorterMichael Porter
Original quotes
From our community writers
And in the end when the money is gone – will you still stay it was worth it.
M.K. StandbyM.K. Standby My soul speaks a language, only you can understand.
Ginnie BaleGinnie Bale In another life, you kept your word, and forever’s still ours for the taking.
Harriet SelinaHarriet Selina Journey with struggle becomes a great tale in the future.
Carla StokesCarla Stokes I’m not asking that you take the bullet for me. I wish you’d shoot first.
Danielle MontgomeryDanielle Montgomery A rainy day is the perfect excuse to explore deeper feelings.
Emily BockEmily Bock Stop taking care of everyone else before you take care of yourself.
Claire VinsonClaire Vinson Music is a weed, we all fallen souls are high on.
Ananya BhaskarAnanya Bhaskar
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More on function
When we fulfill our function, which is to truly love ourselves and share love with others, then true happiness sets in.
Gabrielle BernsteinGabrielle Bernstein When we function from a place of positive energy, the world around us becomes more positive.
Gabrielle BernsteinGabrielle Bernstein When we function from a fearful, low-level energetic state, our thoughts and energy can literally pollute the world.
Gabrielle BernsteinGabrielle Bernstein Your body’s made to run, to walk, to trek long distances and carry things, work in a forest, and hunt animals. You have to keep it alive to function.
Dolph LundgrenDolph Lundgren Perhaps the saddest irony of depression is that suicide happens when the patient gets a little better and can again function sufficiently.
Dick CavettDick Cavett It’s a tribute to the human brain that anyone is able to function out there on television in a talk situation that is entirely artificial.
Dick CavettDick Cavett If there’s not love present, it’s much, much harder to function. When there’s love present, it’s easier to deal with life.
Brian WilsonBrian Wilson To function as an actress, I have to be in love. I have to have that incentive to work.
Jayne MansfieldJayne Mansfield