The ability to change constantly and effectively is made easier by high-level continuity.
MICHAEL PORTERWithout a goal analytics is aimless and worthless.
More Michael Porter Quotes
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The chief strategist of an organization has to be the leader – the CEO.
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The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
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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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There’s a fundamental distinction between strategy and operational effectiveness.
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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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Innovation is the central issue in economic prosperity.
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If all you’re trying to do is essentially the same thing as your rivals, then it’s unlikely that you’ll be very successful.
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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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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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You can’t be all things to all people.
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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.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
MICHAEL PORTER