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Jim Collins, Meet Michael Porter

Harvard Business Review

And that's where Michael Porter enters the picture. Porter's work provides that rigor, as it defines the economic fundamentals of competition and strategy. Porter's work provides that rigor, as it defines the economic fundamentals of competition and strategy. The essence of strategy, says Porter, is choosing what not to do.

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Why Porter's Model No Longer Works

Harvard Business Review

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. But when the capital requirements to enter markets have declined, the marginal cost of reaching consumers is effectively zero, and one-off production is not hard to do.

Porter 15
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CMI Hong Kong: updates from the board

Chartered Management Institute

Other key events we hosted included an in-person networking event with the HKU SPACE GMBA students and alumni, and four webinars on different topics: “Future Leadership in the Fourth Industrial Revolution”, “Deep Dives into STEM and Finance” as well as “Skills for New Employment Landscape” with the UNESCO HK Glocal Peace Centre.

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Intelligent Redesign of Health Care

Harvard Business Review

The University of Texas MD Anderson Cancer Center is seeking to reduce its cost structure by redesigning its health-care-delivery model to reflect the true costs of care (the early stages of the project were described in a 2011 Harvard Business Review article by Robert S. The actionable cost savings from process improvement.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

operating rooms, recovery floors, emergency department), and ancillary departments (e.g., Each of these departments has its own cost budget for which it is held accountable. Once acquired, the cost of the solution could be attributed, in approximate proportion to its benefits, to the budgets of each organizational unit.

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Can the U.S. Become a Base for Serving the Global Economy?

Harvard Business Review

The evidence indicates that the United States is losing its ability to attract and expand the operations of multinationals and their significant contributions to productivity growth, innovation, and high-wage employment. shares of the global operations of U.S.-based private sector rose in the 1990s, but then fell in the 2000s.

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In 2014, Resolve to Make Your Business Human Again

Harvard Business Review

Worshipping at what Christensen calls the “church of finance” hollows out a company’s competitive advantage, as it loses the capacity to invest in innovation that drives the perpetual reinvention so necessary in today’s world of temporary competitive advantage. And short-term numbers at that.

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