Famous quote by Michael Porter

Mobile Desktop
So companies have to be very schizophrenic. On one hand, they have to maintain continuity of strategy. But they also hav
Like

"So companies have to be very schizophrenic. On one hand, they have to maintain continuity of strategy. But they also have to be good at continuously improving"

- Michael Porter

About this Quote

This quote by Michael Porter suggests that business need to have the ability to balance 2 apparently contradictory goals. On one hand, they must preserve a constant strategy in order to stay effective and competitive. On the other hand, they need to also be able to continuously enhance and innovate in order to remain ahead of the competition. This needs business to be "schizophrenic" in their approach, suggesting they must have the ability to change in between 2 different frame of minds in order to attain success. Business need to have the ability to maintain a constant method while also having the ability to adjust and innovate in order to remain competitive. This quote emphasizes the significance of having the ability to balance both of these goals in order to stay successful.

About the Author

Michael Porter This quote is written / told by Michael Porter somewhere between May 23, 1947 and today. He was a famous Educator from USA. The author also have 20 other quotes.

Go to author profile

Similar Quotes

Small: A good portion of speaking will consist in knowing how to lie - Desiderius Erasmus
"A good portion of speaking will consist in knowing how to lie"
Desiderius Erasmus, Philosopher
Small: He who is too busy doing good finds no time to be good - Rabindranath Tagore
Rabindranath Tagore
"He who is too busy doing good finds no time to be good"
Rabindranath Tagore, Poet
Small: A good leader takes a little more than his share of the blame, a little less than his share of the credit - Ar
Arnold H. Glasow
"A good leader takes a little more than his share of the blame, a little less than his share of the credit"
Arnold H. Glasow, Businessman
Small: A company is only as good as the people it keeps - Mary Kay Ash
Mary Kay Ash
"A company is only as good as the people it keeps"
Mary Kay Ash, Businesswoman
Small: When Im good, Im very good. But when Im bad Im better - Mae West
Mae West
"When I'm good, I'm very good. But when I'm bad I'm better"
Mae West, Actress
Small: There is a good principle which created order, light, and man, and an evil principle which created chaos, dark
Pythagoras
"There is a good principle which created order, light, and man, and an evil principle which created chaos, darkness, and woman"
Pythagoras, Mathematician
Small: The best preparation for good work tomorrow is to do good work today - Elbert Hubbard
Elbert Hubbard
"The best preparation for good work tomorrow is to do good work today"
Elbert Hubbard, Writer
Small: The League is very well when sparrows shout, but no good at all when eagles fall out - Benito Mussolini
Benito Mussolini
"The League is very well when sparrows shout, but no good at all when eagles fall out"
Benito Mussolini, Politician
Small: A perpetual holiday is a good working definition of hell - George Bernard Shaw
George Bernard Shaw
"A perpetual holiday is a good working definition of hell"
George Bernard Shaw, Dramatist
Small: A good decision is based on knowledge and not on numbers - Plato
Plato
"A good decision is based on knowledge and not on numbers"
Plato, Philosopher