MedPage Today December 19, 2024
John G. Singer

— Linear solutions won’t work

In any industry, there’s a boundary of performance for which the operational state-of-the-art is attained. This is a place of maximum convergence and hyper-commoditization. It’s a place where expertise of the past has lost its balance, unable and ill-equipped to surf the steady-breaking set of big and heavy waves crushing conventional understanding. It’s a place where the relentless pressure to produce “profit” is distorting the market strategy, putting it ahead of outcomes as the central idea. This is also a place where leading with a battle cry of “transformation” has the inspirational and persuasive energy of an emoji.

This boundary is called the “productivity frontier,” which economist and professor Michael Porter, MBA, PhD, defined as...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Healthcare System
Prison Needle Exchange Programs Reduce Healthcare Costs
San Francisco hospital receives health equity award from Kaiser, Joint Commission
Science magazine names HIV drug its 'Breakthrough of the Year'
Modern Healthcare's 100 most influential people in healthcare for 2024
The moral dimension to America's flawed health care system

Share This Article