“Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.”
Michael Porter“You can't have a healthy society unless you have healthy companies that are making a profit, that are employing people and that are growing.”
Michael Porter“Millennials are more aware of society's many challenges than previous generations and less willing to accept maximizing shareholder value as a sufficient goal for their work. They are looking for a broader social purpose and want to work somewhere that has such a purpose.”
Michael Porter“I think that, too many times, business has been seen as acting in its narrow self-interest rather than, essentially, contributing more broadly to society. I think a lot of that is unintentional; I don't think that many managers are deliberately trying to be unethical or are not trying to be sensitive to social needs.”
Michael Porter“Change brings opportunities. On the other hand, change can be confusing.”
Michael Porter“The ability to change constantly and effectively is made easier by high-level continuity.”
Michael Porter“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.”
Michael Porter“If your goal is anything but profitability - if it's to be big, or to grow fast, or to become a technology leader - you'll hit problems.”
Michael Porter“The underlying principles of strategy are enduring, regardless of technology or the pace of change.”
Michael Porter“Good leaders need a positive agenda, not just an agenda of dealing with crisis.”
Michael Porter“Ultimately, health care fails the most basic test. It's not organized around the needs of the patient.”
Michael Porter