Michael Porter Quotes

Most Famous Michael Porter Quotes of All Time!

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The essence of strategy is choosing what not to do.

The company without a strategy is willing to try anything.

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Change brings opportunities. On the other hand, change can be confusing.

The essence of strategy is that you must set limits on what you're trying to accomplish.

The underlying principles of strategy are enduring, regardless of technology or the pace of change.

Strategy 101 is about choices: You can't be all things to all people.

Finally, strategy must have continuity. It can't be constantly reinvented.

Companies operating in urban communities have a tremendous ripple effect.

The ability to change constantly and effectively is made easier by high-level continuity.

The chief strategist of an organization has to be the leader - the CEO.

A strategy delineates a territory in which a company seeks to be unique.

Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.

The best CEOs I know are teachers, and at the core of what they teach is strategy.

There's a fundamental distinction between strategy and operational effectiveness.

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.

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.

Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.

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.

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