Michael Porter
Michael Porter
Michael Eugene Porter is an American academic known for his theories on economics, business strategy, and social causes. He is the Bishop William Lawrence University Professor at Harvard Business School, and he was one of the founders of the consulting firm The Monitor Group...
NationalityAmerican
ProfessionEducator
CountryUnited States of America
cost mistakes
It is a real disappointment to see us make so many mistakes. The mistakes cost us the game. We were prepared, but mistakes cost us.
assume europe expect
We have to assume that Europe has more legs. As long as we have those pillars, we would expect an upward trend.
choosing comparison degree digging expense historical investors means normally performance shopping
Investors need to do the same degree of comparison shopping they would normally do when choosing between funds, which means digging into things like expense ratios, historical performance and holdings.
businesses focused growing inner low potential proof shining spotlight
In America, the problems of poverty and low income, particularly for minorities, are disproportionately focused in the inner cities. Shining a spotlight on the businesses growing in these communities is proof that any community has the potential for entrepreneurship.
buying country fund iowa single
In the future, ... buying a single country fund will be akin to buying an Iowa fund or a Massachusetts fund.
people puzzled societies work
I'm really puzzled by why people in societies find it difficult to work collaboratively together with other people in societies.
effectiveness essentials strategy
Operational effectiveness and strategy are both essential to superior performance.
zero jobs research-and-development
Apple does all of its research and development in America. It has all these brilliant people sitting in Silicon Valley. But until recently, Apple made nothing in America. Zero. And the jobs that were accessible to a good, well-trained worker that knew how to do welding or assembly, none of those jobs had stayed in America. We don't have the workforce.
effort standards industry
Efforts to preserve all industries will lower the national standard of living.
crush jobs issues
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 areas fuels not only a crushing cycle of poverty but also crippling social problems such as drug abuse and crime… A sustainable economic base can be created in the inner city, but only as it has been created elsewhere: through private, for-profit initiatives and investment based on economic self-interest and genuine competitive advantage.
mean choices saying-no
Strategy is choice. Strategy means saying no to certain kinds of things.
thinking strategic-thinking strategic
Strategic thinking rarely occurs spontaneously
organization leader chiefs
The chief strategist of an organization has to be the leader - the CEO.
opportunity hands confusing
Change brings opportunities. On the other hand, change can be confusing.