Michael Porter Quotes


"The ability to change constantly and effectively is made easier by high-level continuity."
- Michael Porter
(Related: Change, Ability)

"The best CEOs I know are teachers, and at the core of what they teach is strategy."
- Michael Porter
(Related: Strategy, Teachers)

"The chief strategist of an organization has to be the leader - the CEO."
- Michael Porter
(Related: Leader)

"The company without a strategy is willing to try anything."
- Michael Porter
(Related: Strategy, Company)

"Sound strategy starts with having the right goal."
- Michael Porter
(Related: Strategy, Goal, Right, Sound)

"The essence of strategy is that you must set limits on what you're trying to accomplish."
- Michael Porter
(Related: Strategy, Limits, Trying)

"So companies have to be very schizophrenic. On one hand, they have to maintain continuity of strategy. But they also have to be good at continuously improving."
- Michael Porter
(Related: Strategy)

"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."
- Michael Porter
(Related: Direction, Fact, Improvement)

"The underlying principles of strategy are enduring, regardless of technology or the pace of change."
- Michael Porter
(Related: Change, Technology, Strategy, Principles)

"There's a fundamental distinction between strategy and operational effectiveness."
- Michael Porter
(Related: Strategy)

"The essence of strategy is choosing what not to do."
- Michael Porter
(Related: Strategy)

"A strategy delineates a territory in which a company seeks to be unique."
- Michael Porter
(Related: Strategy, Company)

"Innovation is the central issue in economic prosperity."
- Michael Porter
(Related: Innovation, Prosperity)

"If your goal is anything but profitability - if it's to be big, or to grow fast, or to become a technology leader - you'll hit problems."
- Michael Porter
(Related: Technology, Leader, Goal, Problems)

"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."
- Michael Porter
(Related: Successful, Trying)

"Finally, strategy must have continuity. It can't be constantly reinvented."
- Michael Porter
(Related: Strategy)

"Change brings opportunities. On the other hand, change can be confusing."
- Michael Porter
(Related: Change)

"Strategy 101 is about choices: You can't be all things to all people."
- Michael Porter
(Related: People, Strategy)

"Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money."
- Michael Porter
(Related: Business, Money, Philanthropy, Thinking)

"Companies operating in urban communities have a tremendous ripple effect."
- Michael Porter
(Related: Effect)