Innovation is the central issue in economic prosperity.
MICHAEL PORTERThe essence of strategy is choosing what not to do.
More Michael Porter Quotes
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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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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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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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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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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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Operational effectiveness and strategy are both essential to superior performance.
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There’s a fundamental distinction between strategy and operational effectiveness.
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A strategy delineates a territory in which a company seeks to be unique.
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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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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 chief strategist of an organization has to be the leader – the CEO.
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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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Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
MICHAEL PORTER