The company without a strategy is willing to try anything.
MICHAEL PORTERThe essence of strategy is choosing what not to do.
More Michael Porter Quotes
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Innovation is the central issue in economic prosperity.
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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 ability to change constantly and effectively is made easier by high-level continuity.
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Strategic thinking rarely occurs spontaneously.
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Sound strategy starts with having the right goal
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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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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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Efforts to preserve all industries will lower the national standard of living.
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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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Companies operating in urban communities have a tremendous ripple effect.
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Change brings opportunities. On the other hand, change can be confusing.
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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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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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Strategy is about setting yourself apart from the competition. It’s not a matter of being better at what you do – it’s a matter of being different at what you do.
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Strategy is choice. Strategy means saying no to certain kinds of things.
MICHAEL PORTER