Achieve Quote by Michael Porter
“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 success. It is not on the margin of what companies do but at the center. We believe that it can give rise to the next major transformation of business thinking.”
About This Quote
Source Book: Competitive Advantage, Michael Porter, 1985
Businesses should align profit goals with societal progress, making social impact central to strategy rather than peripheral.
In simple terms: Profit and social good should be linked.
Key Takeaway
Integrate social goals into core business strategy.
Themes
business strategy
social impact
shared value
economic success
Mood
optimistic
strategic
Type
business
philosophical
When to use this quote
- product development
- marketing strategy
- corporate governance
- community engagement
- investment decisions
Key Concepts
Porter's shared value
stakeholder theory
corporate sustainability
Questions to Reflect On
- How can firms measure the financial return of social initiatives?
- What incentives motivate leaders to prioritize shared value?
A Different Perspective
Implementation can be hindered by short‑term profit pressures and stakeholder resistance.
