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America used to be a uniquely productive, low-cost place to do business. We had efficient infrastructure. We had limited regulation. We believed in the market.
~ Michael Porter
America
Believed
Business
Efficient
Had
Infrastructure
Limited
Low-Cost
Market
Place
Productive
Regulation
Uniquely
Used
design
copy
As a multisport athlete, I was always fascinated with competition and how to win. At HBS and later at the Harvard Department of Economics, I was drawn to the field of competition and strategy because it tackles perhaps the most basic question in both business management and industrial economics: What determines corporate performance?
~ Michael Porter
Always
Athlete
Basic
Because
Both
Business
Competition
Corporate
Department
Determines
Drawn
Economics
Fascinated
Field
Harvard
How
Industrial
Later
Management
Most
Performance
Perhaps
Question
Strategy
Win
design
copy
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
Become
City
Crucible
Early
Economy
Gives
Going
Groups
Immigrant
Important
Inner
Inner City
Look
Minorities
More
Other
Our
Over
Phenomena
Spreading
Time
Us
design
copy
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
America
American
Being
Business
Create
Efficient
Guaranteed
High
Low-Cost
Mean
Place
Productive
Slip
Very
Wage
You
design
copy
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
Companies
Despite
Employees
Employers
Expensive
God
Hear
Really
Rhetoric
Sick
Still
System
Thank
Thank God
Understand
design
copy
Good leaders need a positive agenda, not just an agenda of dealing with crisis.
~ Michael Porter
Agenda
Crisis
Dealing
Good
Just
Leaders
Need
Positive
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Health care historically has been a very siloed field that's 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.
~ Michael Porter
Around
Ball
Been
Care
Field
Forth
Has-Been
Health
Health Care
Historically
Medical
Moves
Organized
Patient
Service
Services
Specialty
Supply
Surgery
Very
design
copy
I teach in the medical school, the School of Public Health, the Kennedy School of Government, and the Business School. And it's the best perch... because most of my work crosses boundaries.
~ Michael Porter
Because
Best
Boundaries
Business
Business School
Crosses
Government
Health
Kennedy
Medical
Medical School
Most
Public
Public Health
School
Teach
Work
design
copy
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
Acting
Been
Business
Contributing
Deliberately
Essentially
Has-Been
I Think
Lot
Managers
Many
More
Narrow
Needs
Rather
Seen
Self-Interest
Sensitive
Social
Society
Than
Think
Times
Too
Trying
Unethical
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copy
I'm really puzzled by why people in societies find it difficult to work collaboratively together with other people in societies.
~ Michael Porter
Difficult
Find
Other
People
Puzzled
Really
Societies
Together
Why
Work
design
copy
In a period of economic downturn, the overwhelming instinct is to pare back, cut costs, and lay off. If you do that, do so with your strategy in mind. The worst mistake is to cut across the board. Instead, reconnect and recommit to a clear strategy that will distinguish yourself from others.
~ Michael Porter
Across
Back
Board
Clear
Costs
Cut
Distinguish
Economic
Instead
Instinct
Lay
Mind
Mistake
Off
Others
Overwhelming
Pare
Period
Reconnect
Strategy
Will
Worst
You
Your
Yourself
design
copy
In America, the problems of poverty and low income, particularly for minorities, are disproportionately focused in the inner cities. Shining a spotlight on the businesses growing in these communities is proof that any community has the potential for entrepreneurship.
~ Michael Porter
America
Any
Businesses
Cities
Communities
Community
Entrepreneurship
Focused
Growing
Income
Inner
Low
Low-Income
Minorities
Particularly
Potential
Poverty
Problems
Proof
Shining
Spotlight
design
copy
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
Accept
Aware
Broader
Challenges
Generations
Goal
Less
Looking
Many
Millennials
More
Previous
Purpose
Social
Society
Somewhere
Sufficient
Than
Value
Want
Willing
Work
design
copy
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
Costs
Debating
Discussing
Energy
Energy Costs
Fighting
Given
Keep
Low
Opportunity
Over
Over It
Rather
Seize
Technology
Than
Us
Wonderful
design
copy
Ultimately, health care fails the most basic test. It's not organized around the needs of the patient.
~ Michael Porter
Around
Basic
Care
Fails
Health
Health Care
Most
Needs
Organized
Patient
Test
Ultimately
design
copy
Unfortunately, I'm an engineer. I'm always thinking about, what's the task and how do I get it done? And some of my tasks are pretty broad, and pretty fuzzy, and pretty funky, but that's the way I think.
~ Michael Porter
About
Always
Broad
Done
Engineer
Funky
Fuzzy
Get
How
I Think
Pretty
Some
Task
Tasks
Think
Thinking
Unfortunately
Way
design
copy
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
Companies
Employing
Growing
Healthy
Making
People
Profit
Society
Unless
You
design
copy
This is how you start to get respect: by offering something that you have.
~ Morrie Schwartz
Get
How
Offering
Respect
Something
Start
You
design
copy
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