Quotes by Michael Porter

About Michael Porter:

Michael Eugene Porter is the Bishop William Lawrence University Professor at The Institute for Strategy and Competitiveness, based at the Harvard Business School. He is a leading authority on competitive strategy and the competitiveness and economic development of nations, states, and regions. Michael Porter's work is recognized in many governments, corporations and academic circles globally. He chairs Harvard Business School's program dedicated for newly appointed CEOs of very large corporations.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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

Michael Porter

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

Michael Porter

Companies understand that if their employees are sick, it's really expensive. So despite the rhetoric I hear, thank God employers are still in the health-care system.

Michael Porter

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

Michael Porter

I think that, too many times, business has been seen as acting in its narrow self-interest rather than, essentially, contributing more broadly to society. I think a lot of that is unintentional; I don't think that many managers are deliberately tryin...

Michael Porter

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...

Michael Porter

America used to be a uniquely productive, low-cost place to do business. We had efficient infrastructure. We had limited regulation. We believed in the market.

Michael Porter

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.

Michael Porter

Ultimately, health care fails the most basic test. It's not organized around the needs of the patient.

Michael Porter

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 ...

Michael Porter

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

Good leaders need a positive agenda, not just an agenda of dealing with crisis.

Michael Porter

As minorities and other immigrant groups become more important to our economy, the inner city is a crucible that gives us an early look at phenomena that are going to be spreading more broadly in the economy over time.

Michael Porter

You can't have a healthy society unless you have healthy companies that are making a profit, that are employing people and that are growing.

Michael Porter

Millennials are more aware of society's many challenges than previous generations and less willing to accept maximizing shareholder value as a sufficient goal for their work. They are looking for a broader social purpose and want to work somewhere th...

Michael Porter

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

Technology has given us this wonderful opportunity to have low energy costs. We have to seize that, rather than keep debating and discussing and fighting over it.

Michael Porter

I'm really puzzled by why people in societies find it difficult to work collaboratively together with other people in societies.

Michael Porter

Author Bio

  • NameMichael Porter
  • DescriptionAmerican engineer and economist
  • BornMay 23, 1947
  • CountryUnited States Of America
  • ProfessionEconomist; Aerospace Engineer; Engineer
  • AwardsAdam Smith Award