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 PORTERIn the vast majority of businesses, there is simply no such thing as “the best.”
More Michael Porter Quotes
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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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The essence of strategy is choosing what not to do.
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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.
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Without a goal analytics is aimless and worthless.
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There’s a fundamental distinction between strategy and operational effectiveness.
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Companies operating in urban communities have a tremendous ripple effect.
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The company without a strategy is willing to try anything.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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The ability to change constantly and effectively is made easier by high-level continuity.
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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.
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Efforts to preserve all industries will lower the national standard of living.
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Operational effectiveness and strategy are both essential to superior performance.
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Innovation is the central issue in economic prosperity.
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The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
MICHAEL PORTER