Good leaders need a positive agenda, not just an agenda of dealing with crisis.
MICHAEL PORTERStrategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
More Michael Porter Quotes
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Sound strategy starts with having the right goal
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A target should go with every goal. A target is the value that defines success.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Strategic thinking rarely occurs spontaneously.
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Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
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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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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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A strategy delineates a territory in which a company seeks to be unique.
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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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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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Change brings opportunities. On the other hand, change can be confusing.
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The essence of strategy is choosing what not to do.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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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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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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