Sound strategy starts with having the right goal
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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Without a goal analytics is aimless and worthless.
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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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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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If all you’re trying to do is essentially the same thing as your rivals, then it’s unlikely that you’ll be very successful.
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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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A target should go with every goal. A target is the value that defines success.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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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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Strategy is choice. Strategy means saying no to certain kinds of things.
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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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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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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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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
MICHAEL PORTER