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.
MICHAEL PORTERUltimately, health care fails the most basic test. It’s not organized around the needs of the patient.
More Michael Porter Quotes
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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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A strategy delineates a territory in which a company seeks to be unique.
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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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Without a goal analytics is aimless and worthless.
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Strategic thinking rarely occurs spontaneously.
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The company without a strategy is willing to try anything.
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The ability to change constantly and effectively is made easier by high-level continuity.
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The chief strategist of an organization has to be the leader – the CEO.
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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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You can’t be all things to all people.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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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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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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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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