Innovation is the central issue in economic prosperity.
MICHAEL PORTERThe purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.
More Michael Porter Quotes
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The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.
MICHAEL PORTER -
The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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The chief strategist of an organization has to be the leader – the CEO.
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Health care historically has been a very siloed field that’s organized around medical specialties – urology, cardiac surgery, and so forth – and around the supply of these specialty services. The patient is the ping-pong ball that moves from service to service.
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If your goal is anything but profitability – if it’s to be big, or to grow fast, or to become a technology leader – you’ll hit problems.
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Operational effectiveness and strategy are both essential to superior performance.
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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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A target should go with every goal. A target is the value that defines success.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Technology has given us this wonderful opportunity to have low energy costs. We have to seize that, rather than keep debating and discussing and fighting over it.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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You can’t be all things to all people.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
MICHAEL PORTER