Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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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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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In the vast majority of businesses, there is simply no such thing as “the best.”
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The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.
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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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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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The chief strategist of an organization has to be the leader – the CEO.
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Companies operating in urban communities have a tremendous ripple effect.
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The ability to change constantly and effectively is made easier by high-level continuity.
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A target should go with every goal. A target is the value that defines 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.
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Efforts to preserve all industries will lower the national standard of living.
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Without a goal analytics is aimless and worthless.
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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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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
MICHAEL PORTER