The best CEOs I know are teachers, and at the core of what they teach is strategy.
MICHAEL PORTEREfforts to preserve all industries will lower the national standard of living.
More Michael Porter Quotes
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Companies operating in urban communities have a tremendous ripple effect.
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Operational effectiveness and strategy are both essential to superior performance.
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Innovation is the central issue in economic prosperity.
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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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The essence of strategy is choosing what not to do.
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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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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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The company without a strategy is willing to try anything.
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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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There’s a fundamental distinction between strategy and operational effectiveness.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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A strategy delineates a territory in which a company seeks to be unique.
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You can’t be all things to all people.
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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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