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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.

Porter 15
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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.

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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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Get Your Boss Out of Your Bedroom

Harvard Business Review

In fact, as Kaplan and Michael Porter describe in a recent HBR article, "To put it bluntly, there is an almost complete lack of understanding of how much it costs to deliver patient care, much less how those costs compare with the outcomes achieved." But this doesn't just apply to low-wage jobs. It applies to every job.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

Each of these departments has its own cost budget for which it is held accountable. A hospital organized into these different unconnected units finds it difficult to adopt innovations that reduce costs across a patient’s complete cycle of care. Hospitals are typically organized by clinical departments (e.g., Insight Center.

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Desperately Seeking Simplicity

Harvard Business Review

An example was a discussion session of tired-looking European finance ministers, defensive and elusive about the speed of acting on the Euro crisis. 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.