Without a goal analytics is aimless and worthless.
MICHAEL PORTERThe chief strategist of an organization has to be the leader – the CEO.
More Michael Porter Quotes
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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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In the vast majority of businesses, there is simply no such thing as “the best.”
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I teach in the medical school, the School of Public Health, the Kennedy School of Government, and the Business School. And it’s the best perch… because most of my work crosses boundaries.
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Strategic thinking rarely occurs spontaneously.
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A target should go with every goal. A target is the value that defines success.
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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.
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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Change brings opportunities. On the other hand, change can be confusing.
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The chief strategist of an organization has to be the leader – the CEO.
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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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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 PORTER