A strategy delineates a territory in which a company seeks to be unique.
MICHAEL PORTERYou can’t be all things to all people.
More Michael Porter Quotes
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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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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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Sound strategy starts with having the right goal
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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In the vast majority of businesses, there is simply no such thing as “the best.”
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Efforts to preserve all industries will lower the national standard of living.
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The chief strategist of an organization has to be the leader – the CEO.
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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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The company without a strategy is willing to try anything.
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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.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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Strategic thinking rarely occurs spontaneously.
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Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
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