Strategic thinking rarely occurs spontaneously.
MICHAEL PORTERHealth 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.
More Michael Porter Quotes
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Operational effectiveness and strategy are both essential to superior performance.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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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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A target should go with every goal. A target is the value that defines success.
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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 essence of strategy is that you must set limits on what you’re trying to accomplish.
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Efforts to preserve all industries will lower the national standard of living.
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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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Innovation is the central issue in economic prosperity.
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A strategy delineates a territory in which a company seeks to be unique.
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The essence of strategy is choosing what not to do.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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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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