Remove Finance Remove Porter Remove Price Remove Productivity
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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. Let's think about the way that changes our modes of production. But, to put it bluntly, Porter's value chain is antiquated in the light of the social era.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

Any unit that contemplates acquiring a new technology that would lower the total cost of the patient’s care in the hospital must pay the full price for that technology from its departmental budget or persuade others to co-invest with it, which is not an easy task. Heads of the various service lines/IPUs (e.g.,

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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?”