Strategic thinking rarely occurs spontaneously

Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.

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

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.

The underlying principles of strategy are enduring, regardless of technology or the pace of change.

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 that you must set limits on what you're trying to accomplish.