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
basic both business competition corporate department determines drawn fascinated field harvard industrial later perhaps question strategy
As a multisport athlete, I was always fascinated with competition and how to win. At HBS and later at the Harvard Department of Economics, I was drawn to the field of competition and strategy because it tackles perhaps the most basic question in both business management and industrial economics: What determines corporate performance?
effectiveness essentials strategy
Operational effectiveness and strategy are both essential to superior performance.
risk management strategy
Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.
strategy continuity
Finally, strategy must have continuity. It can't be constantly reinvented.
goal sound tactics-and-strategy
Sound strategy starts with having the right goal
trying strategy company
The company without a strategy is willing to try anything.
effectiveness fundamentals strategy
There's a fundamental distinction between strategy and operational effectiveness.
goal target strategy
If a strategy meets a goal: It's working. If a strategy meets a target: It's a success.
choices different strategy
Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.
teacher strategy ceo
The best CEOs I know are teachers, and at the core of what they teach is strategy.
unique territory strategy
A strategy delineates a territory in which a company seeks to be unique.
academics business disagree managers satisfied
Too many academics and business managers are satisfied with the 'good feeling' as argument. I disagree completely.
business efficient guaranteed high slip
Being an American doesn't mean that you're guaranteed a high wage. You have to be productive, and we have to create a very low-cost, efficient place to do business, and we've let all that slip in America.
last loss ready taste thinking
We'll be ready for Thursday's game, but I know I'm thinking of Branson on Saturday. The taste from last year's loss is still there. We want to see Branson again.