The underlying principles of strategy are enduring, regardless of technology or the pace of change.
MICHAEL PORTERA target should go with every goal. A target is the value that defines success.
More Michael Porter Quotes
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A target should go with every goal. A target is the value that defines success.
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The company without a strategy is willing to try anything.
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The chief strategist of an organization has to be the leader – the CEO.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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You can’t be all things to all people.
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Operational effectiveness and strategy are both essential to superior performance.
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The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they’re mutually reinforcing.
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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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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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Without a goal analytics is aimless and worthless.
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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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There’s a fundamental distinction between strategy and operational effectiveness.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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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.
MICHAEL PORTER