Strategy 101 is about choices: You can’t be all things to all people.
The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they’re mutually reinforcing.
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.
Finally, strategy must have continuity. It can’t be constantly reinvented.
Change brings opportunities. On the other hand, change can be confusing.
The essence of strategy is choosing what not to do.
Unfortunately, I’m an engineer. I’m always thinking about, what’s the task and how do I get it done? And some of my tasks are pretty broad, and pretty fuzzy, and pretty funky, but that’s the way I think.
Sound strategy starts with having the right goal.
The best CEOs I know are teachers, and at the core of what they teach is strategy.