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Why Porter's Model No Longer Works

Harvard Business Review

While social media doesn't shift Porter's model , the social era surely does. Most existing big organizations — the 800-pound gorillas — subscribe to Michael Porter's value chain framework. There is no question that Porter's work has helped shape (some would say, "invent") modern-day strategy. Big Isn't Enough.

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Understanding Michael Porter: A book review by Bob Morris

First Friday Book Synopsis

Understanding Michael Porter: The Essential Guide to Competition and Strategy Joan Magretta Harvard Business Review Press (2011) How and why organizations can achieve and then sustain competitive advantage, especially in turbulent and uncertain times Although this book offers – in my opinion — the single best introduction to the major insights (..)

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The Comprehensive Business Case for Sustainability

Harvard Business Review

Driving competitive advantage through stakeholder engagement. Michel Porter and Mark Kramer pioneered the idea of “creating shared value,” arguing that businesses can generate economic value by identifying and addressing social problems that intersect with their business. That conventional wisdom has now reversed.

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Can Insurance Companies Incentivize Their Customers to Be Healthier?

Harvard Business Review

Insurers, along with public services, can directly “monetize” better individual behavior as healthier or safer individual outcomes, lower claims costs, and improve risk pools, which can be translated into lower-priced premiums and a competitive advantage in the marketplace.

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How Marketers Can Connect Profit and Purpose

Harvard Business Review

Six years ago, Harvard’s Michael Porter and FSG’s Mark Kramer made the bold statement that shared value — the idea that the purpose of a company is to achieve both shareholder profit and social purpose — would “reinvent capitalism.” Purpose is not just philanthropy; it is a source of competitive advantage.