Quotes by Michael Porter

“The essence of strategy is choosing what not to do.”

“Europe was suffering from a competitiveness crisis.”

“Now, theres more value to be unleashed.”

“We have to assume that Europe has more legs. As long as we have those pillars, we would expect an upward trend.”

“In the future, ... buying a single country fund will be akin to buying an Iowa fund or a Massachusetts fund.”

“Companies operating in urban communities have a tremendous ripple effect.”

“Its sobering. It suggests that there are relatively few inner cities that are thriving in the sense of job growth.”

“Investors need to do the same degree of comparison shopping they would normally do when choosing between funds, which means digging into things like expense ratios, historical performance and holdings.”

“It is a real disappointment to see us make so many mistakes. The mistakes cost us the game. We were prepared, but mistakes cost us.”

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

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

Health care historically has been a very siloed field thats 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 to service.

I teach in the medical school, the School of Public Health, the Kennedy School of Government, and the Business School. And its the best perch... because most of my work crosses boundaries.

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

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

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

If your goal is anything but profitability - if its to be big, or to grow fast, or to become a technology leader - youll hit problems.

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.

Change brings opportunities. On the other hand, change can be confusing.

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