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Why Porter's Model No Longer Works

Harvard Business Review

These two key functions — Marketing and Service — are regularly discussed as shaped by social era dynamics. 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.

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What Is Strategy, Again?

Harvard Business Review

It was this received opinion Michael Porter was questioning when, in 1979, he mapped out four additional competitive forces in “ How Competitive Forces Shape Strategy.” In “ What Is Strategy ,” Porter argues against a bevy of alternate views, both old and then new, that were circulating in the intervening years.

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Why President Kagame Runs Rwanda Like a Business

Harvard Business Review

So when Harvard Business School Professor Michael Porter invited HBR last month to attend a class where Kagame was the guest speaker, and talk to him and Kagame afterwards, I was curious but also a little worried about being enlisted as a Kagame salesman. To Porter] How did you hook up with this guy? They''re critical.

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The Ideas that Shaped Management in 2013

Harvard Business Review

But then we end up debating what counts as best — important? According to Clay Christensen and his coauthors Dina Wang and Derek van Bever, the strategy consulting industry is about to blow up the same way the legal world just did. Why the Lean Start Up Changes Everything. And rudeness in the workplace hurts the bottom line.

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Is It Better to Be Strategic or Opportunistic?

Harvard Business Review

Start with Michael Porter. Microsoft is in the supposedly volatile technology sector. They’ve missed almost every technological breakthrough of the past decade — and yet they earned $237 billion in operating income from 2001 to 2013 working off a strategy that was in place in the mid-1990s. The bottom line, then?

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Three Unexpected Ways to Help with Disaster Recovery

Harvard Business Review

Within hours of the earthquake, this corporate foundation dispatched a team of journalists to Port-au-Prince to set up an Emergency Information Service (EIS) for the affected population, disseminating verified, actionable information by SMS messages in Creole. Many graduates join Cisco as employees, contributing to the firm's bottom line.

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Rules For the Social Era

Harvard Business Review

But I'm not willing to give up on these firms. Because it has shown up in bits and pieces, via freemium models, crowdsourcing, online communities, virtual workforces, social networks, and so on, it is easy to miss how much the overall context has changed for the way value is created. But real markets are much more precise.

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