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Why the Problem with Learning Is Unlearning

Harvard Business Review

Many of the paradigms we learned in school and built our careers on are either incomplete or ineffective. In strategy, an entire generation grew up with Michael Porter’s five forces. In Porter’s view , “the essence of strategy is that you must set limits on what you’re trying to accomplish.”

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Strategy Lessons From Jean Tirole

Harvard Business Review

The academic study of strategy took a big leap forward in the 1970s when Michael Porter of HBS looked at earlier economic research on industry structure and noticed that market power — which economists wanted to minimize — was the same thing as sustained profitability, which corporate executives wanted to maximize. Should we lower our prices?”