Innovation is the central issue in economic prosperity.

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 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.

Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.

Competitiveness is defined as the ability of companies to compete while maintaining or improving the average standard of living. If you are cutting wages to become more competitive, that's not really more competitive. It's raising the skill and the efficiency of those workers so that they can support and sustain that higher wage.

If all you're trying to do is essentially the same thing as your rivals, then it's unlikely that you'll be very successful.

Change brings opportunities. On the other hand, change can be confusing.