Efforts to preserve all industries will lower the national standard of living.
MICHAEL PORTERStrategy is choice. Strategy means saying no to certain kinds of things.
More Michael Porter Quotes
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You can’t be all things to all people.
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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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The company without a strategy is willing to try anything.
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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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Without a goal analytics is aimless and worthless.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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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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There’s a fundamental distinction between strategy and operational effectiveness.
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The chief strategist of an organization has to be the leader – the CEO.
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Operational effectiveness and strategy are both essential to superior performance.
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Strategic thinking rarely occurs spontaneously.
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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 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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Strategy is choice. Strategy means saying no to certain kinds of things.
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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.
MICHAEL PORTER