Michael Porter Quotes

39 quotes in 504 categories

• Without a goal analytics is aimless and worthless.
• A target should go with every goal. A target is the value that defines success.
• If a strategy meets a goal: It's working. If a strategy meets a target: It's a success.
• Sound strategy starts with having the right goal
• Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.
• The company without a strategy is willing to try anything.
• 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…
• The economic distress of America's inner cities may be the most pressing issue facing the nation. The lack of businesses and jobs in disadvantaged urban…
• Good leaders need a positive agenda, not just an agenda of dealing with crisis.
• In the vast majority of businesses, there is simply no such thing as ‘the best,’
• Businesses must reconnect company success with social progress. Shared value is not social responsibility, philanthropy, or even sustainability, but a new way to achieve economic…
• Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
• 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 of…
• If your goal is anything but profitability - if it's to be big, or to grow fast, or to become a technology leader - you'll…
• The chief strategist of an organization has to be the leader - the CEO.
• Innovation is the central issue in economic prosperity.
• The best CEOs I know are teachers, and at the core of what they teach is strategy.
• Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
• Change brings opportunities. On the other hand, change can be confusing.
• The essence of strategy is choosing what not to do.

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