Operational effectiveness and strategy are both essential to superior performance.
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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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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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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Efforts to preserve all industries will lower the national standard of living.
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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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Without a goal analytics is aimless and worthless.
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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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Change brings opportunities. On the other hand, change can be confusing.
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Technology has given us this wonderful opportunity to have low energy costs. We have to seize that, rather than keep debating and discussing and fighting over it.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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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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A strategy delineates a territory in which a company seeks to be unique.
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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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You can’t be all things to all people.
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Strategy is choice. Strategy means saying no to certain kinds of things.
MICHAEL PORTER