Quote by Michael E. Porter Download Open image ““High rivalry limits the profitability of an industry P.32”” — Michael E. Porter ★ ★ ★ ★ ★ 2.0 out of 5 (5 ratings) Copy quoteShare
“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 Copy Share Image
“Competitive forces = the underlying drivers of profitability P.25” — Michael E. Porter Copy Share Image
“Good industry analysis looks rigorously at the structural underpinnings of profitability P.29” — Michael E. Porter Copy Share Image
“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 Copy Share Image
“(sometimes it makes sense to buy a competitor in order to shut it down) as a way to boost industry prices.” — Victor Cheng Copy Share Image
“high performers were twice as likely to exceed profitability, market share, and productivity goals. And,” — Gene Kim Copy Share Image
“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 Copy Share Image
We have found in a long life that one competitor is frequently enough to ruin a business. — Charlie Munger Copy Share Image
“Too many businesses compete on price when they should be competing on value.” — John Morgan Copy Share Image
“overcapacity eventually destroys profits as manufacturers are more likely to make marginal cost-based decisions to regain volume.” — Greg Thain Copy Share Image
“...the Greater Good and the Greater Profit are not compatible aims...” — Yann Martel Copy Share Image
Competition creates better products, alliances create better companies. — Brian Graham Copy Share Image
“Competition on dimensions other than price - on product features, support services, delivery time, or brand image, for instance - is less likely to… — Michael E. Porter Copy Share Image
“THE U.S. HEALTH CARE SYSTEM is on a dangerous path, with a toxic combination of high costs, uneven quality, frequent errors, and limited access… — Michael E. Porter Copy Share Image
“Programs in operational effectiveness produce reassuring progress, although superior profitability may remain elusive. Business publications and consultants flood the market with information about what… — Michael E. Porter Copy Share Image
“U.S. consumers report higher dissatisfaction with their health care system than do consumers in other developed nations.” — Michael E. Porter Copy Share Image
“MOST COMPANIES OWE THEIR INITIAL success to a unique strategic position involving clear trade-offs. Activities once were aligned with that position.” — Michael E. Porter Copy Share Image
“Many countries have state-dominated or state-run systems with little competition. Their historically lower costs and favorable mortality statistics have led some to advocate that… — Michael E. Porter Copy Share Image
“One of the essential tasks in industry analysis is to distinguish temporary or cyclical changes from structural changes. P.29” — Michael E. Porter Copy Share Image
“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 Copy Share Image
“Standardized process guidelines belie the complexity of individual patient circumstances, and freeze care delivery processes rather than foster innovation. What is needed is competition… — Michael E. Porter Copy Share Image
“Good quality is less costly because of more accurate diagnoses, fewer treatment errors, lower complication rates, faster recovery, less invasive treatment, and the minimization… — Michael E. Porter Copy Share Image
“General management is more than the stewardship of individual functions. Its core is strategy: defining and communicating the company’s unique position, making trade-offs, and… — Michael E. Porter Copy Share Image
“But history tells us that monopolies that are truly benevolent and effective are rare.” — Michael E. Porter Copy Share Image
