Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
MICHAEL PORTERI 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.
More Michael Porter Quotes
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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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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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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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Sound strategy starts with having the right goal
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Without a goal analytics is aimless and worthless.
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You can’t be all things to all people.
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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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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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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.
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The ability to change constantly and effectively is made easier by high-level continuity.
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Efforts to preserve all industries will lower the national standard of living.
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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.
MICHAEL PORTER