Operational effectiveness and strategy are both essential to superior performance.
MICHAEL PORTERTechnology 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.
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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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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Companies operating in urban communities have a tremendous ripple effect.
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Change brings opportunities. On the other hand, change can be confusing.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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The company without a strategy is willing to try anything.
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There’s a fundamental distinction between strategy and operational effectiveness.
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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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The chief strategist of an organization has to be the leader – the CEO.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Sound strategy starts with having the right goal
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The ability to change constantly and effectively is made easier by high-level continuity.
MICHAEL PORTER