Michael E. Porter quotes - page 3

If a strategy meets a goal: It's working. If a strategy meets a target: It's a success. (Michael E. Porter)
The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy. View quote
Michael E. 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. View quote
Michael E. Porter
You can't be all things to all people. View quote
Michael E. Porter
Operational effectiveness and strategy are both essential to superior performance. View quote
Michael E. Porter
Strategic thinking rarely occurs spontaneously. View quote
Michael E. Porter
Strategy is choice. Strategy means saying no to certain kinds of things. View quote
Michael E. Porter
Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs. View quote
Michael E. Porter
Competitiveness is defined as the ability of companies to compete while maintaining or improving the average standard of living. If you are cutting wages to become more competitive, that's not really more competitive. It's raising the skill and the efficiency of those workers so that they can support and sustain that higher wage. View quote
Michael E. Porter
In the vast majority of businesses, there is simply no such thing as "the best.”. View quote
Michael E. Porter
A target should go with every goal. A target is the value that defines success. (Michael E. Porter)
Efforts to preserve all industries will lower the national standard of living. View quote
Michael E. Porter
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. View quote
Michael E. Porter
In the future, ... buying a single country fund will be akin to buying an Iowa fund or a Massachusetts fund. View quote
Michael E. Porter
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. View quote
Michael E. Porter