The essence of strategy is choosing what not to do.
MICHAEL PORTERThe U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
More Michael Porter Quotes
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The ability to change constantly and effectively is made easier by high-level continuity.
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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.
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A target should go with every goal. A target is the value that defines success.
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You can’t be all things to all people.
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Efforts to preserve all industries will lower the national standard of living.
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Change brings opportunities. On the other hand, change can be confusing.
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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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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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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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Innovation is the central issue in economic prosperity.
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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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Without a goal analytics is aimless and worthless.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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