A target should go with every goal. A target is the value that defines success.
MICHAEL PORTERGood leaders need a positive agenda, not just an agenda of dealing with crisis.
More Michael Porter Quotes
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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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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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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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Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
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The ability to change constantly and effectively is made easier by high-level continuity.
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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 chief strategist of an organization has to be the leader – the CEO.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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