Companies understand that if their employees are sick, it's really expensive. So despite the rhetoric I hear, thank God employers are still in the health-care system. Michael Porter carecompanyemployee Change image and share on social
In America, the problems of poverty and low income, particularly for minorities, are disproportionately focused in the inner cities. Shining a spotlight on the businesses growing in these communities is proof that any community has the potential for entrepreneurship. Michael Porter americabusinesscity share on social
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 acceptawarebroad share on social
Ultimately, health care fails the most basic test. It's not organized around the needs of the patient. Michael Porter basiccarefail Change image and share on social
The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they're mutually reinforcing. Michael Porter absolutelyconsistentcontinuity Change image and share on social
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 companycontinuitycontinuously Change image and share on social
Being an American doesn't mean that you're guaranteed a high wage. You have to be productive, and we have to create a very low-cost, efficient place to do business, and we've let all that slip in America. Michael Porter americaamericanbusiness share on social
Companies operating in urban communities have a tremendous ripple effect. Michael Porter communitycompanyeffect Change image and share on social
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 actbroadlybusiness share on social
The company without a strategy is willing to try anything. Michael Porter companystrategy Change image and share on social