So companies have to be very schizophrenic. On one hand, they have to maintain continuity of strategy. But they also have to… — 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… — Michael Porter Copy Share Image
Strategy is about making choices, trade-offs; it's about deliberately choosing to be different. — Michael Porter Copy Share Image
The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In… — Michael Porter Copy Share Image
A strategy delineates a territory in which a company seeks to be unique. — Michael Porter Copy Share Image
The essence of strategy is that you must set limits on what you're trying to accomplish. — Michael Porter Copy Share Image
The underlying principles of strategy are enduring, regardless of technology or the pace of change. — Michael Porter Copy Share Image
Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value. — Michael Porter Copy Share Image
As a multisport athlete, I was always fascinated with competition and how to win. At HBS and later at the Harvard Department… — Michael Porter Copy Share Image
If a strategy meets a goal: It's working. If a strategy meets a target: It's a success. — Michael Porter Copy Share Image
In a period of economic downturn, the overwhelming instinct is to pare back, cut costs, and lay off. If you do that,… — Michael Porter Copy Share Image
The best CEOs I know are teachers, and at the core of what they teach is strategy. — Michael Porter Copy Share Image
Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs. — Michael Porter Copy Share Image
There's a fundamental distinction between strategy and operational effectiveness. — Michael Porter Copy Share Image
Strategy 101 is about choices: You can't be all things to all people. — Michael Porter Copy Share Image
Finally, strategy must have continuity. It can't be constantly reinvented. — Michael Porter Copy Share Image
Strategy is choice. Strategy means saying no to certain kinds of things. — Michael Porter Copy Share Image
Operational effectiveness and strategy are both essential to superior performance. — 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