Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
MICHAEL PORTERThe essence of strategy is that you must set limits on what you’re trying to accomplish.
More Michael Porter Quotes
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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A strategy delineates a territory in which a company seeks to be unique.
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You can’t be all things to all people.
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The essence of strategy is choosing what not to do.
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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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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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Without a goal analytics is aimless and worthless.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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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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Efforts to preserve all industries will lower the national standard of living.
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The company without a strategy is willing to try anything.
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A target should go with every goal. A target is the value that defines success.
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The ability to change constantly and effectively is made easier by high-level continuity.
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Change brings opportunities. On the other hand, change can be confusing.
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