The best CEOs I know are teachers, and at the core of what they teach is strategy.
MICHAEL PORTERBillions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
More Michael Porter Quotes
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You can’t be all things to all people.
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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.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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Change brings opportunities. On the other hand, change can be confusing.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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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.
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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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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.
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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.
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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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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.
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Without a goal analytics is aimless and worthless.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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






