The chief strategist of an organization has to be the leader – the CEO.
MICHAEL PORTERThe essence of strategy is choosing what not to do.
More Michael Porter Quotes
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Operational effectiveness and strategy are both essential to superior performance.
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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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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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There’s a fundamental distinction between strategy and operational effectiveness.
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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Without a goal analytics is aimless and worthless.
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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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Innovation is the central issue in economic prosperity.
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Strategic thinking rarely occurs spontaneously.
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You can’t be all things to all people.
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Change brings opportunities. On the other hand, change can be confusing.
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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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