Understanding industry structure is also essential to effective strategic positioning P. 26

Michael E. Porter
Some Similar Quotes
  1. Look. I have a strategy. Why expect anything? If you don’t expect anything, you don’t get disappointed. - Patricia McCormick

  2. The primary thing when you take a sword in your hands is your intention to cut the enemy, whatever the means. Whenever you parry, hit, spring, strike or touch the enemy's cutting sword, you must cut the enemy in the same movement. It is essential... - Miyamoto Musashi

  3. Can you define "plan" as "a loose sequence of manifestly inadequate observations and conjectures, held together by panic, indecision, and ignorance"? If so, it was a very good plan. - Jonathan Stroud

  4. Be a surfer. Watch the ocean. Figure out where the big waves are breaking and adjust accordingly. - 37 Signals

  5. Our knowledge of circumstances has increased, but our uncertainty, instead of having diminished, has only increased. The reason of this is, that we do not gain all our experience at once, but by degrees; so our determinations continue to be assailed incessantly by fresh experience;... - Carl Von Clausewitz

More Quotes By Michael E. Porter
  1. The essence of strategy is choosing what not to do.

  2. Understanding industry structure is also essential to effective strategic positioning P. 26

  3. Understanding the competitive forces, and their underlying causes, reveals the roots of an industry’s current profitability while providing a framework for anticipating and influencing competition (and profitability) over time. P. 26

  4. The strongest competitive force or forces determine the profitability of an industry and become the most important to strategy formulation. The most salient force, however, is not always obvious. P. 26

  5. If the forces are intense, (..) almost no company earns attractive returns on investment. If the forces are benign, (..) many companies are profitable. P. 25

Related Topics