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
generations problem economy
The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
majority
In the vast majority of businesses, there is simply no such thing as ‘the best,’
school government medical
I teach in the medical school, the School of Public Health, the Kennedy School of Government, and the Business School. And it's the best perch... because most of my work crosses boundaries.
people interest-groups all-things
You can't be all things to all people.
thinking use philanthropy
Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
successful trying rivals
If all you're trying to do is essentially the same thing as your rivals, then it's unlikely that you'll be very successful.
essence trying limits
The essence of strategy is that you must set limits on what you're trying to accomplish.
levels made ability-to-change
The ability to change constantly and effectively is made easier by high-level continuity.
fighting technology opportunity
Technology has given us this wonderful opportunity to have low energy costs. We have to seize that, rather than keep debating and discussing and fighting over it.
risk management strategy
Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.
leader agendas needs
Good leaders need a positive agenda, not just an agenda of dealing with crisis.
facts improvement consistent
The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they're mutually reinforcing.
community urban ripple-effect
Companies operating in urban communities have a tremendous ripple effect.
technology pace principles
The underlying principles of strategy are enduring, regardless of technology or the pace of change.