Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
MICHAEL PORTERIf a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
More Michael Porter Quotes
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Without a goal analytics is aimless and worthless.
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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 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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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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Change brings opportunities. On the other hand, change can be confusing.
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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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Innovation is the central issue in economic prosperity.
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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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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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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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Operational effectiveness and strategy are both essential to superior performance.
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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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