The chief strategist of an organization has to be the leader - the CEO.

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

A strategy delineates a territory in which a company seeks to be unique.

The essence of strategy is that you must set limits on what you're trying to accomplish.

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.

The best CEOs I know are teachers, and at the core of what they teach is strategy.

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.