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 PORTERGood leaders need a positive agenda, not just an agenda of dealing with crisis.
More Michael Porter Quotes
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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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A target should go with every goal. A target is the value that defines success.
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You can’t be all things to all people.
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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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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Without a goal analytics is aimless and worthless.
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Strategic thinking rarely occurs spontaneously.
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The essence of strategy is choosing what not to do.
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The chief strategist of an organization has to be the leader – the CEO.
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Efforts to preserve all industries will lower the national standard of living.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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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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Strategy is choice. Strategy means saying no to certain kinds of things.
MICHAEL PORTER