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 PORTERStrategic thinking rarely occurs spontaneously.
More Michael Porter Quotes
-
-
There’s a fundamental distinction between strategy and operational effectiveness.
MICHAEL PORTER -
Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
MICHAEL PORTER -
The essence of strategy is that you must set limits on what you’re trying to accomplish.
MICHAEL PORTER -
Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
MICHAEL PORTER -
Technology has given us this wonderful opportunity to have low energy costs. We have to seize that, rather than keep debating and discussing and fighting over it.
MICHAEL PORTER -
Good leaders need a positive agenda, not just an agenda of dealing with crisis.
MICHAEL PORTER -
Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
MICHAEL PORTER -
If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
MICHAEL PORTER -
Finally, strategy must have continuity. It can’t be constantly reinvented.
MICHAEL PORTER -
Efforts to preserve all industries will lower the national standard of living.
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.
MICHAEL PORTER -
Strategy is choice. Strategy means saying no to certain kinds of things.
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.
MICHAEL PORTER -
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 PORTER -
Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
MICHAEL PORTER