Efforts to preserve all industries will lower the national standard of living.

Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.

The ability to change constantly and effectively is made easier by high-level continuity.

There's a fundamental distinction between strategy and operational effectiveness.

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.

The essence of strategy is choosing what not to do.

Strategy is choice. Strategy means saying no to certain kinds of things.