“There’s a fundamental distinction between strategy and operational effectiveness.”

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.

Efforts to preserve all industries will lower the national standard of living.

If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.

Innovation is the central issue in economic prosperity.

Sound strategy starts with having the right goal

Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.

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.

Without a goal analytics is aimless and worthless.

A strategy delineates a territory in which a company seeks to be unique.

The ability to change constantly and effectively is made easier by high-level continuity.

A target should go with every goal. A target is the value that defines success.

Change brings opportunities. On the other hand, change can be confusing.

Companies operating in urban communities have a tremendous ripple effect.

Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.

Strategy is about setting yourself apart from the competition. It’s not a matter of being better at what you do – it’s a matter of being different at what you do.

Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.

Success, like happiness, is the unexpected side effect of one’s personal dedication to a cause greater than oneself.

Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized before it is too late.

Love is a positive effect. Love can never have a negative effect, only a positive effect.

Enraging liberals is simply one of the more enjoyable side effects of my wisdom.

Cautious, careful people, always casting about to preserve their reputations – can never effect a reform.

I have no faith in human perfectibility. I think that human exertion will have no appreciable effect upon humanity. Man is now only more active – not more happy – nor more wise, than he was 6000 years ago.

The effect you have on others is the most valuable currency there is.

For strange effects and extraordinary combinations we must go to life itself, which is always far more daring than any effort of the imagination.