Without a goal analytics is aimless and worthless.
MICHAEL PORTERThe thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they’re mutually reinforcing.
More Michael Porter Quotes
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Innovation is the central issue in economic prosperity.
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A strategy delineates a territory in which a company seeks to be unique.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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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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In the vast majority of businesses, there is simply no such thing as “the best.”
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The chief strategist of an organization has to be the leader – the CEO.
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Change brings opportunities. On the other hand, change can be confusing.
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Strategic thinking rarely occurs spontaneously.
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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The ability to change constantly and effectively is made easier by high-level continuity.
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The company without a strategy is willing to try anything.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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