The underlying principles of strategy are enduring, regardless of technology or the pace of change.
MICHAEL PORTERBillions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
More Michael Porter Quotes
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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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The ability to change constantly and effectively is made easier by high-level continuity.
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There’s a fundamental distinction between strategy and operational effectiveness.
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Without a goal analytics is aimless and worthless.
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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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In the vast majority of businesses, there is simply no such thing as “the best.”
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Operational effectiveness and strategy are both essential to superior performance.
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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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A strategy delineates a territory in which a company seeks to be unique.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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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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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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Strategic thinking rarely occurs spontaneously.
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The best CEOs I know are teachers, and at the core of what they teach is strategy.
MICHAEL PORTER