Michael E. Porter
Michael E. Porter is a revered economist, management theorist, and professor at Harvard Business School, widely recognized for his profound contributions to competitive strategy, economic development, and competitive advantage. While not a technologist in the conventional sense of developing…
Key facts
- Role
- University Professor, Harvard Business School
- Nationality
- American
- Born
- 1947
Notable quotes
The essence of strategy is choosing what not to do.
Competitive advantage grows out of value a firm is able to create for its buyers that exceeds the firm's cost of creating it.
Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.
If all you're trying to do is essentially the same thing as your rivals, then it's unlikely that you'll be very successful.
The only way to sustain a high return on investment is to have a sustainable competitive advantage.