Efforts to preserve all industries will lower the national standard of living. Michael Porter More Quotes by Michael Porter More Quotes From Michael Porter The economic distress of America's inner cities may be the most pressing issue facing the nation. The lack of businesses and jobs in disadvantaged urban areas fuels not only a crushing cycle of poverty but also crippling social problems such as drug abuse and crime… A sustainable economic base can be created in the inner city, but only as it has been created elsewhere: through private, for-profit initiatives and investment based on economic self-interest and genuine competitive advantage. Michael Porter crush cities jobs I'm really puzzled by why people in societies find it difficult to work collaboratively together with other people in societies. Michael Porter difficult together work people 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 yourself you mind mistake 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 looking society challenges work Strategy 101 is about choices: You can't be all things to all people. Michael Porter you strategy choices people 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 hand very good strategy 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 think society business trying 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 you profit society people 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 win competition business management 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 city look important time 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 place infrastructure business america My stance on the mandate is it definitely shouldn’t be a mandate, it should be everyone’s decision. I see it both ways. If you want to get it because you feel more protected and you feel safer, and it’s protecting people around you, get it. That’s good for you. But if you feel like, ‘Oh, for me, I don’t feel safe getting it,' then don’t get it. Michael Porter I think we just have such a tight-knit group that does n’t even listen to the noise, i mean, dudes do n’t even pay attention to it. I don't even think( Nikola Jokic) has social media. I do n’t get on social media. So like we do n’t really hear some of the noise, and that helps keep us locked in. Michael Porter I mean Monte, the last two games the way he’s come up in the clutch in the fourth quarter, that’s so huge for us, i can’t say enough about that dude, just his composure, what he does for our team, it’s pretty amazing. Especially being a backup point guard, he’s stepping up on the biggest stage and showing what he’s capable of. Michael Porter They just weren't falling tonight. Michael Porter It felt good to be back out there, not trying to force anything and mesh with the team. Get my feet back under me and it was good to get a win. Michael Porter
