The underlying principles of strategy are enduring, regardless of technology or the pace of change. – Michael Porter
If your goal is anything but profitability – if its to be big, or to grow fast, or to become a technology leader – youll hit problems. – Michael Porter
The best CEOs I know are teachers, and at the core of what they teach is strategy. – Michael Porter
Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money. – Michael Porter
The way you want to respond is to ask a question: Is this technology directly relevant to our hedgehog concept? If the answer is YES, then we want to become pioneers, not in the technology, but in the application of that technology specifically linked to our hedgehog concept. – James Collins
The first purpose of clothes… was not warmth or decency, but ornament…. Among wild people, we find tattooing and painting even prior to clothes. The first spiritual want of a barbarous man is decoration; as indeed we still see among the barbarous classes in civilized countries. – Thomas Carlyle