Sound strategy starts with having the right goal. Michael Porter View this quote
Consumers will only be able to play a bigger role in their care, and make better choices, if providers and health plans realign competition around patient results and disseminate the relevant information and advice. Michael Porter
Michael Porter
Efforts to preserve all industries will lower the national standard of living. Michael Porter
Good quality is less costly because of more accurate diagnoses, fewer treatment errors, lower complication rates, faster recovery, less invasive treatment, and the minimization of the need for treatment. More broadly, better health is less expensive than illness. Michael Porter
How to create competition on results throughout the system, and the kinds of information that need to be measured, analyzed, and disseminated, appear as recurring themes throughout this book. Michael Porter
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. Michael Porter
In America, the problems of poverty and low income, particularly for minorities, are disproportionately focused in the inner cities. Shining a spotlight on the businesses growing in these communities is proof that any community has the potential for entrepreneurship. Michael Porter
Mandatory measurement and reporting of results is perhaps the single most important step in reforming the health care system. Michael Porter
Operational effectiveness and strategy are both essential to superior performance. Michael Porter
Pay-for-performance will only raise costs if providers get higher pay for process compliance but do not have to compete on results. Michael Porter
Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs. Michael Porter
American engineer and economist
May 23rd, 1947