If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
MICHAEL PORTERUltimately, health care fails the most basic test. It’s not organized around the needs of the patient.
More Michael Porter Quotes
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In the vast majority of businesses, there is simply no such thing as “the best.”
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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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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Innovation is the central issue in economic prosperity.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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The company without a strategy is willing to try anything.
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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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Strategy is choice. Strategy means saying no to certain kinds of things.
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Strategic thinking rarely occurs spontaneously.
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The chief strategist of an organization has to be the leader – the CEO.
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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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Change brings opportunities. On the other hand, change can be confusing.
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A target should go with every goal. A target is the value that defines success.
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