Remove Cost of Capital Remove Management Remove Porter
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The Basic Principles of Strategy Haven’t Changed in 30 Years

Harvard Business Review

“These ideas are more than 30 years old,” managers complain. The basic principles are: If you want to earn above the cost of capital (if you want to create value), you must get a higher return on your efforts than the average competitor. Porter had it figured out in the mid-1980s.

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Desperately Seeking Simplicity

Harvard Business Review

I heard it in a session led by Professor Michael Porter and Dean Nitin Nohria of the Harvard Business School who were sharing a research project on declining American Competitiveness. Letting go takes courage and is not a natural act for most humans, or management teams.

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The Comprehensive Business Case for Sustainability

Harvard Business Review

These require sophisticated, sustainability-based management. Yet executives are often reluctant to place sustainability core to their company’s business strategy in the mistaken belief that the costs outweigh the benefits. ” Improving risk management. billion in mining projects since 2010. Fostering innovation.