Michael Porter Quotes

United States, Academic
May 23, 1947

Michael Eugene Porter is an American academic known for his theories on economics, business strategy, and social causes. He is the Bishop William Lawrence University Professor at Harvard Business School, and he was one of the founders of the consulting firm The Monitor Group (now part of Deloitte) and FSG, a social impact consultancy.

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

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

Michael Porter

Strategy is about setting yourself apart from the competition. It's not a matter of being better at what you do - it's a matter of being different at what you do.

Michael Porter
If a strategy meets a goal: It's working. If a strategy meets a target: It's a success.

Michael Porter
- Strategy
- Target
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.

Michael Porter
Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.

Michael Porter
The essence of strategy is choosing what not to do.

Michael 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.

Michael Porter

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

Michael Porter
You can't be all things to all people.

Michael Porter
- People
- Interest