Finally, strategy must have continuity. It can’t be constantly reinvented.
MICHAEL PORTERYou can’t be all things to all people.
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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Operational effectiveness and strategy are both essential to superior performance.
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A target should go with every goal. A target is the value that defines success.
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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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Efforts to preserve all industries will lower the national standard of living.
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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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The chief strategist of an organization has to be the leader – the CEO.
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Strategic thinking rarely occurs spontaneously.
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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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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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Sound strategy starts with having the right goal
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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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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 U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
MICHAEL PORTER