Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
MICHAEL PORTERA strategy delineates a territory in which a company seeks to be unique.
More Michael Porter Quotes
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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.
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Companies operating in urban communities have a tremendous ripple effect.
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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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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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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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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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Sound strategy starts with having the right goal
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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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 chief strategist of an organization has to be the leader – the CEO.
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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.
MICHAEL PORTER