Good leaders need a positive agenda, not just an agenda of dealing with crisis.
MICHAEL PORTERCompanies operating in urban communities have a tremendous ripple effect.
More Michael Porter Quotes
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I teach in the medical school, the School of Public Health, the Kennedy School of Government, and the Business School. And it’s the best perch… because most of my work crosses boundaries.
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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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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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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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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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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 essence of strategy is choosing what not to do.
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Sound strategy starts with having the right goal
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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You can’t be all things to all people.
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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.
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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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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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Innovation is the central issue in economic prosperity.
MICHAEL PORTER