Companies operating in urban communities have a tremendous ripple effect.
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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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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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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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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Efforts to preserve all industries will lower the national standard of living.
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Operational effectiveness and strategy are both essential to superior performance.
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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 U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
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The company without a strategy is willing to try anything.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Sound strategy starts with having the right goal
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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Without a goal analytics is aimless and worthless.
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Innovation is the central issue in economic prosperity.
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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.
MICHAEL PORTER