Remove 2010 Remove Cost Remove Development Remove Porter
article thumbnail

Four Steps for Making Better Decisions

Next Level Blog

I found Porter’s book to be a fun and thought provoking read. As an economics geek, I figured Porter had to discuss my favorite principle, opportunity cost, somewhere early in the book.   The cost of taking any action or embracing any path consists of the alternatives that were available to us at the time.”

Porter 259
article thumbnail

What is the Price?

Kevin Eikenberry

The cost of an iPad, new shoes or a dress? I’m looking forward to reading it (my copy is on the way) and after I’ve read it I will share more. My friend and colleague Daniel Decker has written a great review of it that I think you should check out. How much money you’ll have to spend to get something you want? The Price of Life?

Price 185
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Comprehensive Business Case for Sustainability

Harvard Business Review

Yet executives are often reluctant to place sustainability core to their company’s business strategy in the mistaken belief that the costs outweigh the benefits. Managing risks therefore requires making investment decisions today for longer-term capacity building and developing adaptive strategies. Fostering innovation.

article thumbnail

3 Steps to Break Out in a Tired Industry

Harvard Business Review

” The men thought that these customers, on arrival, really did not need a porter to pick up their luggage and carry it to their room – after all, they had likely just brought it all the way from the airport on their own. In both 2010 and 2011, TripAdvisor voted citizenM “The Trendiest Hotel in the World.”

article thumbnail

The Changing Role of Global Leaders

Harvard Business Review

In November 2010, to big fanfare at Unilever's London headquarters, chief executive Paul Polman boldly articulated a new strategy. Witness Chris Lazslo's work on sustainable value , and Michael Porter's theorizing about shared value. For them to take on such concerns would only be a distraction and source of cost.

article thumbnail

Elon Musk’s Patent Decision Reflects Three Strategic Truths

Harvard Business Review

A long-term view towards driving down costs from electric vehicle parts suppliers, spurring the development of more widespread EV infrastructure, and thereby making EVs more appealing and affordable – all of which would ultimately benefit Tesla. Traditional automakers define themselves by their role within the automotive industry.

article thumbnail

Can the U.S. Become a Base for Serving the Global Economy?

Harvard Business Review

private-sector research and development. based multinationals are shifting jobs to lower-cost labor in foreign subsidiaries, the trends in employment warrant special attention. These concerns can be heard in many places: the sobering survey by Michael Porter and Jan Rivkin in HBR's special March issue on U.S. of all U.S.