Top 10 Quotes by Michael Porter
Michael Porter is an esteemed American academic known for his work in strategic management and competitiveness. Born on May 23, 1947, Porter is a professor at Harvard Business School and is considered a leading authority on competitive strategy, economic development, and competitiveness of nations, states, and regions.
He is renowned for developing several widely used frameworks in business strategy, such as Porter's Five Forces analysis, which helps analyze industry attractiveness and competitive dynamics. Porter has authored numerous books and articles, and his ideas have had a profound impact on business strategy and economic policy worldwide.
Top 10 Quotes by Michael Porter
1. "The essence of strategy is choosing what not to do."
— Michael Porter
2. "Innovation is the central issue in economic prosperity."
— Michael Porter
3. "The best CEO's I know are teachers, and at the core of what they teach is strategy."
— Michael Porter
4. "The company without a strategy is willing to try anything."
— Michael Porter
5. "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
6. "Finally, strategy must have continuity. It can't be constantly reinvented."
— Michael Porter
7. "Strategy 101 is about choices: You can't be all things to all people."
— Michael Porter
8. "The essence of strategy is that you must set limits on what you're trying to accomplish."
— Michael Porter
9. "Companies operating in urban communities have a tremendous ripple effect."
— Michael Porter
10. "Good leaders need a positive agenda, not just an agenda of dealing with crisis."
— Michael Porter