Michael Porter Quotes
Biography:
Michael Porter is known for his pioneering theories on economics, comp... more
Biography:
Michael Porter is known for his pioneering theories on economics, competitive strategy, and corporate advantage. A professor at Harvard Business School, Porter developed the Five Forces Framework and the Diamond Model, which have become essential tools for business analysis. His work continues to shape strategic thinking and economic policy globally. less
Tags: Business strategy, Competitive advantage, Value creation, Long-term success, Competitive strategy
"The most important thing in strategy is to make sure that you have a really clear strategic positioning""A company can outperform rivals only if it can establish a difference that it can preserve""A strategy delineates a territory in which a company seeks to be unique""The worst error in strategy is to compete with rivals on the same dimensions""Strategy 101 is about choices: You can't be all things to all people""The essence of strategy is that you must set limits on what you're trying to accomplish""The root of the problem is internal; the problem is the way management selects and implements strategy. Excellence in execution requires a dedicated and focused effort.""The more benchmarking companies do, the more they look alike.""Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.""Sound strategy starts with having the right goal."
