Remove 2011 Remove Finance Remove Porter Remove System
article thumbnail

Why Porter's Model No Longer Works

Harvard Business Review

Imagine that you wanted a new home theater system. It will help us decide what we make, how much we make, and how we finance that production. While social media doesn't shift Porter's model , the social era surely does. There is no question that Porter's work has helped shape (some would say, "invent") modern-day strategy.

Porter 17
article thumbnail

Intelligent Redesign of Health Care

Harvard Business Review

But the very existence of these cross-subsidies is symptomatic of deep flaws in the health care reimbursement system. Project team members with finance expertise contribute by supplying the cost rate for each person and equipment involved in the care processes. Kaplan and Michael E. The actionable cost savings from process improvement.