A target should go with every goal. A target is the value that defines success.
MICHAEL PORTEROperational effectiveness and strategy are both essential to superior performance.
More Michael Porter Quotes
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Sound strategy starts with having the right goal
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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Change brings opportunities. On the other hand, change can be confusing.
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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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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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A strategy delineates a territory in which a company seeks to be unique.
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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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Without a goal analytics is aimless and worthless.
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The chief strategist of an organization has to be the leader – the CEO.
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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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You can’t be all things to all people.
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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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There’s a fundamental distinction between strategy and operational effectiveness.
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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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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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