Sound strategy starts with having the right goal. Michael Porter View this quote
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
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
Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money. Michael Porter
Cash Cows: Businesses with high relative share in low-growth markets will produce healthy cash flow, which can be used to fund other, developing businesses. Michael Porter
Companies operating in urban communities have a tremendous ripple effect. 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
Competing on results requires that results be measured and made widely available. Only by measuring and holding every system participant accountable for results will the performance of the health care system ever be significantly improved. Michael Porter
Competition in the current system is at the same time too broad, too narrow, and too local. Michael Porter
Competition on value must revolve around results. The results that matter are patient outcomes per unit of cost at the medical condition level. 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
American engineer and economist
May 23rd, 1947