CO2

JANUARY 2, 2011

It is useful to distinction between three motivations for creating partnerships: Optimization and economy of scale, Reduction of risk and uncertainty, Acquisition of particular resources and activities) Cost Structure – The business model elements result in the cost structure. (It

Business Model 141

Business Model Executive Coaching Execution Blog 141

LDRLB

JANUARY 30, 2014

Michael Porter has argued that ‘ the essence of strategy is choosing what not to do ’ but the real world essence of strategy is figuring out the best route from available means to desirable ends. Imagination can obliquely reach beyond obvious cost-benefit decisions to create the powerfully non-obvious for those we serve.

Power 142

Power Porter Strategy Fashion 142

Harvard Business Review

OCTOBER 10, 2011

Michael Porter and Robert S. Kaplan , Harvard Business School professors and authors of the HBR article How to Solve the Cost Crisis in Health Care , explain why providers must start with proper measurement.

Health Care 12

Health Care Crisis Cost Kaplan 12

Kevin Eikenberry

JANUARY 8, 2011

The cost of an iPad, new shoes or a dress? I’m looking forward to reading it (my copy is on the way) and after I’ve read it I will share more. My friend and colleague Daniel Decker has written a great review of it that I think you should check out. How much money you’ll have to spend to get something you want? The Price of Life?

Price 185

Price Porter Workshop Learning-by-Doing 185

Strategy Driven

OCTOBER 30, 2013

This gives you enough money to fund you pet projects or cut costs without any effort when you are forced to do so. He has shared the stage with prominent strategists like Michael Porter and reached out to 21,000+ leaders in 30+ countries. Learn to identify other tourists and bond as hard as you can. Inflate budgets.

Strategy 59

Strategy Strategic Planning Porter Simon 59

Harvard Business Review

DECEMBER 8, 2011

I just finished a two-year project looking at Michael Porter's most important insights for managers. Understanding Porter's strategy fundamentals will help you to avoid them. In industry after industry, Porter notes that economies of scale are exhausted at a relatively small share of industry sales. Mistake #1.

Strategy 15

Strategy Porter ROIC Competitive Advantage 15

Harvard Business Review

FEBRUARY 16, 2017

Over 20 years ago, Harvard Business School professor Michael Porter introduced the Porter hypothesis , which posits that environmental regulation can benefit companies by nudging them to explore their current production methods and eliminate costly waste that they have been blissfully unaware of.

Company 9

Company Porter Forrester Simon 9

Chartered Management Institute

NOVEMBER 15, 2023

The Hon David Costello, Consul General of Ireland to Hong Kong and Macau (second from left); Dr Paulina Chan, CMI Hong Kong Chair; Ms Fiona Nic Dhonnacha, Deputy Consul General of Ireland Left to right: Mr Pádraig Seif, Vice-Chair and Treasurer of Irish Chamber of Commerce; Dr Paulina Chan, CMI Hong Kong Chair; Mr Ray Porter, Chair of Irish Chamber (..)

Webinar 98

Webinar Education Conference Industry 98

Harvard Business Review

MAY 27, 2014

In his groundbreaking 1937 paper he argued that firms gained competitiveness by reducing transaction costs, especially those related to information. In his view, firms could grow until the point that organizational costs cancelled out transactional benefits. The world envisioned by Coase and Porter was relatively stable.

Strategy 9

Strategy Competitive Advantage Porter Efficiency 9

Harvard Business Review

MARCH 2, 2012

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.

Kaplan 20

Kaplan Health Care Insurance Porter 20

Harvard Business Review

OCTOBER 14, 2013

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.

Health Care 8

Health Care Kaplan Porter Cost 8

Harvard Business Review

APRIL 21, 2015

Back in the early 1960s, the great Boston Consulting Group founder and strategy theorist Bruce Henderson asserted that there was only one way to successfully compete: gain a relative market share advantage over all competitors so as to have lower costs than all of them. For me, the bottom line is this.

Competitive Advantage 8

Competitive Advantage Porter Henderson Price 8

Harvard Business Review

APRIL 23, 2015

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. Your prices must be higher or your costs, including the cost of your balance sheet and the cost of taxes, must be lower. Insight Center.

Strategy 8

Strategy Porter Price Cost of Capital 8

Harvard Business Review

MARCH 26, 2012

Huge retailers such as Walmart and Target also use scale to keep their purchasing costs down and their prices competitive. Consider Porter's value chain. If you frequent the HBR Blogs, you may have noticed that a couple of weeks ago I was fairly vocal about Nilofer Merchant 's dismissal of Porter's value chain.

Porter 12

Porter Competitive Advantage Safe Harbor Efficiency 12

Harvard Business Review

JUNE 23, 2017

The same plays out with many lines of insurance, where the immediate benefits of poor choices outweigh the often hidden cost of dealing with their consequences, such as reckless driving or failing to flood-proof infrastructure in highly exposed communities. This new research report highlights how insurers are applying the model.

Insurance 9

Insurance Company Competitive Advantage Porter 9

Harvard Business Review

JANUARY 29, 2013

That's what Michael Porter says , and tough-choice-making has clearly been a big part of Apple's success. In the beginning the integrated solution delivers better value; later, lower costs and the ability to customize favor the modular approach.

Strategy 9

Strategy Porter Christensen Mauborgne 9

Harvard Business Review

JANUARY 28, 2015

Supplier relationships, brand identity, process coordination, customer loyalty, and many switching costs were all forms of information. Then last year Michael Porter returned to apply the five forces framework to the next phase of the digital economy – the internet of things. It’s still worth a look now.

Porter 8

Porter Power Competitive Advantage Film 8

Harvard Business Review

JULY 29, 2014

Margins are maximized to the extent that companies leverage core capabilities in bringing products to market, and are able to establish control of key points in the value chain, for example regarding commodity costs, patents, or brand strength. For some industries, those basic strategies still hold true today.

Business Model 14

Business Model Venture Capitalist Disruptive Innovation Porter 14

Harvard Business Review

NOVEMBER 2, 2017

Serial entrepreneur Elon Musk (whose ventures include Tesla, and formerly PayPal) lamented the slow recent progress of humans into space and concluded that the big hurdle was cost. Everyone at SpaceX knows their company exists to make space radically more accessible. ” Develop corporate plasticity.

Strategy 13

Strategy Company How To Supply Chain 13

Harvard Business Review

FEBRUARY 23, 2012

Michael Porter's article in the March issue of HBR on choosing the United States makes the point that in choosing where to locate even high value-adding business activities, many companies don't do a very thorough costs/benefits analysis. The result is that many companies leave the U.S. when they probably shouldn't. I think the U.S.

Benchmarking 13

Benchmarking Cost-Benefit Analysis Analysis Porter 13

Harvard Business Review

NOVEMBER 3, 2016

In strategy, an entire generation grew up with Michael Porter’s five forces. In this model, competitive advantage is achieved by driving costs down, driving prices up, locking in customers, and locking out competitors and entrants. The Porter model of strategy isn’t obsolete. Martin Reeves and Georg Wittenburg.

Porter 8

Porter Competitive Advantage Senge Network Economy 8

Harvard Business Review

MARCH 29, 2018

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.

Budgeting 8

Budgeting System Innovation Payback Period 8

Harvard Business Review

APRIL 17, 2014

It relates to what Michael Porter meant with being “stuck in the middle”: if you try to come up with a strategy that does everything for everyone, you will likely end up achieving nothing. They modeled their operations on McDonalds: high volume, highly efficient operations, based on division of labor and cost efficiency. Strategy'

Management 11

Management Learning Curve Short-term Long-term 11

Harvard Business Review

AUGUST 31, 2012

According to reporter Szu Ping Chan, "In Spain, the company sells Surf detergent in packages for as few as five washes, while in Greece, it now offers mashed potatoes and mayonnaise in small packages, and has created a low-cost brand for basic goods such as tea and olive oil." Michael Porter and Co. — by Amy Bernstein.

Stress 15

Stress Porter Agility Banking 15

Harvard Business Review

JUNE 13, 2012

The term was coined by Michael Porter and Mark Kramer , and reflects the view that business and community interests can be in sync. In particular, Porter and Kramer argue that businesses should search for those opportunities where value can be created for business by improving community well-being.

Development 12

Development Porter Banking Long-term 12

Harvard Business Review

NOVEMBER 16, 2011

Creating shared value , a paradigm for how companies engage with society pioneered by Michael Porter and FSG, captures this trampoline mentality very well. In GE's case, it is the quality, cost, and access issues plaguing healthcare, and for Nestlé, it is excess water use in agricultural production.

Porter 14

Porter Supply Chain Energy Competitive Advantage 14

Harvard Business Review

SEPTEMBER 17, 2013

Michael Porter has defined value as “health outcomes achieved per dollar spent.” Porter and colleagues adapt microeconomics to health care through their definition of output: patient-centered health outcomes. Value proponents further insist that inputs be measured comprehensively to include all the costs of producing desired outcomes.

Health Care 8

Health Care Porter Long-term Short-term 8

Harvard Business Review

NOVEMBER 20, 2012

Michael Porter, the godfather of business strategy, has gotten a lot of attention lately for trying to apply his model of competitive dynamics to the current plight of the United States — high unemployment, crushing healthcare costs, crumbling infrastructure, and widespread indebtedness.

Porter 15

Porter Globalization Supply Chain Politics 15

Harvard Business Review

OCTOBER 20, 2014

Yes, they experimented in the labs and ran pilots to hone the methodologies and models, but they eventually rolled out the program with stated improvement targets which set overall process reliability numbers, and resulted in reductions in TDC (“Total Delivered Cost”). Sound familiar? Which of these are ongoing, and which are one-off?

Discounted Cash Flow 8

Discounted Cash Flow P&L NPV EBITDA 8

Harvard Business Review

MAY 7, 2014

If dead, despotic French emperors are not really your style, Michael Porter said it like this: “The essence of strategy is choosing what not to do.”. At the highest level, this usually means deciding to sell off one company in order to buy another one. Myth 3: Strategic thinking is only about thinking.

Strategic Planning 14

Strategic Planning Planning Porter Project 14

Harvard Business Review

MARCH 1, 2016

Efficiency is being able to utilize resources at the lowest cost. We’ve mastered it to a degree that’s profoundly unhealthy: we’ve beaten the costs out of our employees, people, managers…roles, departments, organizations, industries, sectors. At a simple level, as Michael Porter has argued, productivity.

Efficiency 8

Efficiency Porter Morale Class 8

Harvard Business Review

MAY 15, 2014

Now the convergence of long-standing cathode-ray-tube and light-pen hardware with software that would accept English language commands was about to create a revolution in data analysis. A composite of all equations yields a mathematical model representing the problem confronting the executive.”

Porter 9

Porter Price Technology Constraint 9

Harvard Business Review

MARCH 8, 2013

Gurus Michael Porter and Mark Kramer have tried to reframe the role of CSR by putting forth the concept of Creating Shared Value (CSV) as an alternate model, with "innovation and growth" as one of three primary value propositions. These kits combine low-cost diagnostics with user-friendly instructions and mobile support services.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

OCTOBER 22, 2015

In the last six years, a Harvard Business School team has worked with dozens of health care organizations to help them understand the true costs of their treatments for many medical conditions. measure both costs and outcomes for comparative analyses of care variation. Measuring Costs and Outcomes in Healthcare. Insight Center.

Mayo 8

Mayo Health Care Committee Project 8

Harvard Business Review

OCTOBER 13, 2015

All will claim to reduce costs and improve quality. But, as Michael Porter and Robert Kaplan of Harvard Business School have argued , we need to examine costs at a more granular level at which clinical outcomes are matched with the business and administrative processes. Measuring Costs and Outcomes in Healthcare.

Health Care 8

Health Care Insurance Price Cost 8

Harvard Business Review

MAY 13, 2011

This problem is as real for consumer-centric organizations as for corporations looking for opportunities to share value beyond their shareholders (as Michael Porter and Mark Kramer recently discussed in the pages of HBR ). Your consumers get as much as possible but you just cover costs.

Price 14

Price Porter Early Adopters Long-term 14

Harvard Business Review

MAY 21, 2015

Health care organizations need to re-think their concept of strategy to thrive in a marketplace driven by competition on value – how well they improve patient outcomes and reduce costs. Make no mistake – improving value for patients is hard.

Health Care 8

Health Care Marketing Strategy Porter 8