Efforts to preserve all industries will lower the national standard of living.
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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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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Companies operating in urban communities have a tremendous ripple effect.
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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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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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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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Sound strategy starts with having the right goal
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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 strategy delineates a territory in which a company seeks to be unique.
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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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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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The company without a strategy is willing to try anything.
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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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