Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
MICHAEL PORTERGood leaders need a positive agenda, not just an agenda of dealing with crisis.
More Michael Porter Quotes
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The company without a strategy is willing to try anything.
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Efforts to preserve all industries will lower the national standard of living.
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Companies operating in urban communities have a tremendous ripple effect.
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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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The 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.
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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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You can’t be all things to all people.
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There’s a fundamental distinction between strategy and operational effectiveness.
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A target should go with every goal. A target is the value that defines success.
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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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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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Strategy is choice. Strategy means saying no to certain kinds of things.
MICHAEL PORTER