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.
MICHAEL PORTEREfforts to preserve all industries will lower the national standard of living.
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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Sound strategy starts with having the right goal
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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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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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The ability to change constantly and effectively is made easier by high-level continuity.
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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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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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Operational effectiveness and strategy are both essential to superior performance.
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Companies operating in urban communities have a tremendous ripple effect.
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Efforts to preserve all industries will lower the national standard of living.
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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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