The essence of strategy is that you must set limits on what you’re trying to accomplish.
MICHAEL PORTERHealth 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.
More Michael Porter Quotes
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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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You can’t be all things to all people.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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Strategic thinking rarely occurs spontaneously.
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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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Change brings opportunities. On the other hand, change can be confusing.
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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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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 company without a strategy is willing to try anything.
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Without a goal analytics is aimless and worthless.
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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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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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In the vast majority of businesses, there is simply no such thing as “the best.”
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The ability to change constantly and effectively is made easier by high-level continuity.
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