Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

Michael Porter
Age: 77
Born: 1947
Born: May 23
Aerospace Engineer
Economist
Mechanical Engineer
Professor
Ann Arbor
Michigan
Michael Eugene Porter
Goal
Bigs
Profitability
Become
Fast
Problem
Problems
Anything
Grow
Leader
Technology
Grows

More quotes by Michael Porter

Image
Finally, strategy must have continuity. It can't be constantly reinvented.
Michael Porter
Image
The company without a strategy is willing to try anything.
Michael Porter
Image
Strategy is choice. Strategy means saying no to certain kinds of things.
Michael Porter
Image
Strategic thinking rarely occurs spontaneously
Michael Porter
Image
In the vast majority of businesses, there is simply no such thing as “the best.”
Michael Porter
Image
Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.
Michael Porter
Image
Change brings opportunities. On the other hand, change can be confusing.
Michael Porter
Image
There's a fundamental distinction between strategy and operational effectiveness.
Michael Porter
Image
If a strategy meets a goal: It's working. If a strategy meets a target: It's a success.
Michael Porter
Image
Innovation is the central issue in economic prosperity.
Michael Porter
Image
Good leaders need a positive agenda, not just an agenda of dealing with crisis.
Michael Porter
Image
The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
Michael Porter
Image
The best CEOs I know are teachers, and at the core of what they teach is strategy.
Michael Porter
Image
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.
Michael Porter
Image
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
Image
Health care historically has been a very siloed field that's organized around medical specialties - urology, cardiac surgery, and so forth - and around the supply of these specialty services. The patient is the ping-pong ball that moves from service to service.
Michael Porter
Image
Strategy is about making choices, trade-offs it's about deliberately choosing to be different.
Michael Porter
Image
Operational effectiveness and strategy are both essential to superior performance.
Michael Porter
Image
Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
Michael Porter
Image
Without a goal analytics is aimless and worthless.
Michael Porter