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 PORTERThe ability to change constantly and effectively is made easier by high-level continuity.
More Michael Porter Quotes
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A strategy delineates a territory in which a company seeks to be unique.
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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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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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Strategic thinking rarely occurs spontaneously.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Companies operating in urban communities have a tremendous ripple effect.
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You can’t be all things to all people.
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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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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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Technology has given us this wonderful opportunity to have low energy costs. We have to seize that, rather than keep debating and discussing and fighting over it.
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Innovation is the central issue in economic prosperity.
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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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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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Strategy is choice. Strategy means saying no to certain kinds of things.
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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.
MICHAEL PORTER