Competition Quote by Michael E. Porter

“Understanding the competitive forces, and their underlying causes, reveals the roots of an industry’s current profitability while providing a framework for anticipating and influencing…

— Michael E. Porter

“Good industry analysis looks rigorously at the structural underpinnings of profitability P.29”

— Michael E. Porter

“The strongest competitive force or forces determine the profitability of an industry and become the most important to strategy formulation. The most salient force,…

— Michael E. Porter

“High rivalry limits the profitability of an industry P.32”

— Michael E. Porter

“Rivalry is especially destructive to profitability if it gravitates solely to price because price competition transfers profits directly from an industry to its customers.…

— Michael E. Porter

“If no forces interfere with the process of entry by competitors, profitability will be driven to levels at which efficient firms earn no more…

— Bruce Greenwald

“The existence of thriving competitors proves that there is a market. After that, it’s all about execution: if you execute better than the competitors,…

— Jonathan Siegel

“The point of industry analysis is not to declare the industry attractive or unattractive but to understand the underpinnings of competition and the root…

— Michael E. Porter

“Strategy can be viewed as building defenses against the competitive forces or finding a position in the industry where the forces are weakest. P.35”

— Michael E. Porter

“resource leverage creates competitive advantage.”

— Liz Wiseman

“Profit is a by-product of success, focus on success not on profit.”

— Firoz Thairinil

“Too many businesses compete on price when they should be competing on value.”

— John Morgan