article thumbnail

Why Porter's Model No Longer Works

Harvard Business Review

While social media doesn't shift Porter's model , the social era surely does. Big had the dollars to buy the mass-market access to consumers back when mass media was the only way to reach an audience. There is no question that Porter's work has helped shape (some would say, "invent") modern-day strategy.

Porter 17
article thumbnail

Business Model Generation : Blog | Executive Coaching | CO2 Partners

CO2

It seems that they are adapting their work from Micheal Porters 5 forces. B usiness Model Generation caught my eye in a book store in December – It is rare I find myself in book stores anymore given how many books are sent to me as a blogger and my preference in reading on Kindle or IPad.

article thumbnail

Rules For the Social Era

Harvard Business Review

Many organizations still operate by Porter's Value Chain model , where Z follows Y, which follows X. Mass markets were a convenient fiction created by mass media. Case in point: Gap missed many of its performance numbers in 2011 by believing that their only interaction with their customers happened at the cash register.

Banking 16