“At the most basic level, competition in health care must take place where value is actually created.” — Michael E. Porter Copy Share Image
“Competition in the current system is at the same time too broad, too narrow, and too local.” — Michael E. Porter Copy Share Image
“Competitive forces = the underlying drivers of profitability P.25” — Michael E. Porter Copy Share Image
“Understanding industry structure is also essential to effective strategic positioning P. 26” — Michael E. Porter Copy Share Image
“In essence, the job of the strategist is to understand and cope with competition. P. 25” — Michael E. Porter Copy Share Image
“Understanding the competitive forces, and their underlying causes, reveals the roots of an industry’s current profitability while providing a framework for anticipating… — Michael E. Porter Copy Share Image
“If the forces are intense, (..) almost no company earns attractive returns on investment. If the forces are benign, (..) many companies… — Michael E. Porter Copy Share Image
“The strongest competitive force or forces determine the profitability of an industry and become the most important to strategy formulation. The most… — Michael E. Porter Copy Share Image
“Competition has taken place at the wrong levels, and on the wrong things. It has gravitated to a zero-sum competition, in which… — Michael E. Porter Copy Share Image
“The failure of competition is evident in the large and inexplicable differences in cost and quality for the same type of care… — Michael E. Porter Copy Share Image
“Competition on dimensions other than price - on product features, support services, delivery time, or brand image, for instance - is less likely to… — Michael E. Porter Copy Share
“THE U.S. HEALTH CARE SYSTEM is on a dangerous path, with a toxic combination of high costs, uneven quality, frequent errors, and limited access… — Michael E. Porter Copy Share
“Programs in operational effectiveness produce reassuring progress, although superior profitability may remain elusive. Business publications and consultants flood the market with information about what… — Michael E. Porter Copy Share
“U.S. consumers report higher dissatisfaction with their health care system than do consumers in other developed nations.” — Michael E. Porter Copy Share
“MOST COMPANIES OWE THEIR INITIAL success to a unique strategic position involving clear trade-offs. Activities once were aligned with that position.” — Michael E. Porter Copy Share
“Many countries have state-dominated or state-run systems with little competition. Their historically lower costs and favorable mortality statistics have led some to advocate that… — Michael E. Porter Copy Share
“One of the essential tasks in industry analysis is to distinguish temporary or cyclical changes from structural changes. P.29” — Michael E. Porter Copy Share
“The strongest competitive force or forces determine the profitability of an industry and become the most important to strategy formulation. The most salient force,… — Michael E. Porter Copy Share
“Standardized process guidelines belie the complexity of individual patient circumstances, and freeze care delivery processes rather than foster innovation. What is needed is competition… — Michael E. Porter Copy Share
“Good quality is less costly because of more accurate diagnoses, fewer treatment errors, lower complication rates, faster recovery, less invasive treatment, and the minimization… — Michael E. Porter Copy Share
“General management is more than the stewardship of individual functions. Its core is strategy: defining and communicating the company’s unique position, making trade-offs, and… — Michael E. Porter Copy Share
“But history tells us that monopolies that are truly benevolent and effective are rare.” — Michael E. Porter Copy Share
“How to create competition on results throughout the system, and the kinds of information that need to be measured, analyzed, and disseminated, appear as… — Michael E. Porter Copy Share
“It is more useful to think in terms of themes that pervade many activities, such as low cost, a particular notion of customer service,… — Michael E. Porter Copy Share
“Although external changes can be the problem, the greater threat to strategy often comes from within. A sound strategy is undermined by a misguided… — Michael E. Porter Copy Share
