In a period of economic downturn, the overwhelming instinct is to pare back, cut costs, and lay off. If you do that, do so with your strategy in mind. The worst mistake is to cut across the board. Instead, reconnect… — Michael Porter Copy Share Image
So companies have to be very schizophrenic. On one hand, they have to maintain continuity of strategy. But they also have to be good… — Michael Porter Copy Share Image
Strategy is about setting yourself apart from the competition. It's not a matter of being better at what you do - it's a matter… — Michael Porter Copy Share Image
Good leaders need a positive agenda, not just an agenda of dealing with crisis. — Michael Porter Copy Share Image
Health care historically has been a very siloed field that's organized around medical specialties - urology, cardiac surgery, and so forth - and around… — Michael Porter Copy Share Image
Being an American doesn't mean that you're guaranteed a high wage. You have to be productive, and we have to create a very low-cost,… — Michael Porter Copy Share Image
The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations. — Michael Porter Copy Share Image
I'm really puzzled by why people in societies find it difficult to work collaboratively together with other people in societies. — Michael Porter Copy Share Image
In America, the problems of poverty and low income, particularly for minorities, are disproportionately focused in the inner cities. Shining a spotlight on the… — Michael Porter Copy Share Image
You can't have a healthy society unless you have healthy companies that are making a profit, that are employing people and that are growing. — Michael Porter Copy Share Image
The ability to change constantly and effectively is made easier by high-level continuity. — Michael Porter Copy Share Image
I think that, too many times, business has been seen as acting in its narrow self-interest rather than, essentially, contributing more broadly to society.… — Michael Porter Copy Share Image