You can’t be all things to all people.
MICHAEL PORTERIf all you’re trying to do is essentially the same thing as your rivals, then it’s unlikely that you’ll be very successful.
More Michael Porter Quotes
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Companies operating in urban communities have a tremendous ripple effect.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Operational effectiveness and strategy are both essential to superior performance.
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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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A strategy delineates a territory in which a company seeks to be unique.
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Efforts to preserve all industries will lower the national standard of living.
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The ability to change constantly and effectively is made easier by high-level continuity.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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Without a goal analytics is aimless and worthless.
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Innovation is the central issue in economic prosperity.
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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.
MICHAEL PORTER