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 PORTERThe best CEOs I know are teachers, and at the core of what they teach is strategy.
More Michael Porter Quotes
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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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Companies operating in urban communities have a tremendous ripple effect.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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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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The essence of strategy is choosing what not to do.
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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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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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Sound strategy starts with having the right goal
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The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
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Efforts to preserve all industries will lower the national standard of living.
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A target should go with every goal. A target is the value that defines success.
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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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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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