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.
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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Strategic thinking rarely occurs spontaneously.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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The ability to change constantly and effectively is made easier by high-level continuity.
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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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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The essence of strategy is choosing what not to do.
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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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A target should go with every goal. A target is the value that defines success.
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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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The chief strategist of an organization has to be the leader – the CEO.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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The company without a strategy is willing to try anything.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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