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.
MICHAEL PORTERWithout a goal analytics is aimless and worthless.
More Michael Porter Quotes
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Companies operating in urban communities have a tremendous ripple effect.
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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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There’s a fundamental distinction between strategy and operational effectiveness.
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Operational effectiveness and strategy are both essential to superior performance.
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Without a goal analytics is aimless and worthless.
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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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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 chief strategist of an organization has to be the leader – the CEO.
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Efforts to preserve all industries will lower the national standard of living.
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The essence of strategy is choosing what not to do.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Innovation is the central issue in economic prosperity.
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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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Strategic thinking rarely occurs spontaneously.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
MICHAEL PORTER