Other. As Nate Silver, author of The Signal and the Noise: Why So Many Predictions Fail—But Some Don’t, points out, ice cream sales and forest fires are correlated because both occur more often in the...
The techniques that worked so extraordinarily well when applied to sustaining technologies, however, clearly failed badly when applied to markets or applications that did not yet exist.
The reason is that good management itself was the root cause. Managers played the game the way it was supposed to be played. The very decision-making and resource-allocation processes that are key to...
The past is a good predictor of the future only when conditions in the future resemble conditions in the past. And what works for a firm in one context might not work for another firm in a different c...
The most vexing managerial aspect of this problem of asymmetry, where the easiest path to growth and profit is up, and the most deadly attacks come from below, is that good management—working harder a...
The key point here is that large companies typically fail at disruptive innovation because the top management team is dominated by individuals who have been selected for delivery skills, not discovery...
The job that an EHR is designed to do is a systemic job, not a local one. It is designed to enable different providers in different locations to see what kinds of care other doctors and institutions h...
The fact that hospitals and physicians' practices are not job-focused, but instead aspire to do anything for anybody, has caused them not to be integrated correctly. In their current configuration, th...
The authors, academics from Northeastern University, Harvard University, and the University of Houston, concluded that Google Flu Trends had wildly overestimated the number of flu cases in the United...
Rather, in our distorted fee-for-service world, the work to coordinate and oversee care just isn't as profitable as other activities.
Probably the most daunting challenge in delivering growth is that if you fail once to deliver it, the odds that you ever will be able to deliver in the future are very low.
Probably the most daunting challenge in delivering growth is that if you fail once to deliver it, the odds that you ever will be able to deliver in the future are very low. This is the conclusion of a...
Predictable marketing requires an understanding of the circumstances in which customers buy or use things. Specifically, customers—people and companies—have jobs that arise regularly and need to get d...
People who truly love what they do and who think their work is meaningful have a distinct advantage when they arrive at work every day. They throw their best effort into their jobs, and it makes them...
People often think that the best way to predict the future is by collecting as much data as possible before making a decision. But this…is like driving a car looking only at the rearview mirror-becaus...
People often think that the best way to predict the future is by collecting as much data as possible before making a decision. But this is like driving a car looking only at the rearview mirror—becaus...
People don’t want to buy a quarter-inch drill. They want a quarter-inch hole.
On the surface, the Mayo Clinic is organized around the specialties of the doctors, like many other health organizations. But really, the main organizing principle is a process to get the right things...
On the other hand, the shortage of primary care physicians is so severe that 43.7 percent of the 21,885 residency positions in internal medicine in 2005 were filled by graduates of foreign medical sch...
My purpose in writing this book is simply to offer my witness that being a member missionary can be a source of deep happiness. It need not be hard. You will pull wonderful friends into your life beca...