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.
MICHAEL PORTERFinally, strategy must have continuity. It can’t be constantly reinvented.
More Michael Porter Quotes
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Operational effectiveness and strategy are both essential to superior performance.
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Without a goal analytics is aimless and worthless.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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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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You can’t be all things to all people.
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Efforts to preserve all industries will lower the national standard of living.
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Strategic thinking rarely occurs spontaneously.
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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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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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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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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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