First Friday Book Synopsis

JULY 24, 2016

David Evans and Dick Schmalensee are among the early pioneers in the research of “multi-sided markets” and the economic principles that inform the unique design of business models, pricing and incentive structures, and product design for these platform-based businesses. David is an economist, business adviser, and entrepreneur.

Incentives 70

Incentives Business Model Entrepreneur Price 70

Harvard Business Review

OCTOBER 16, 2012

Harvard Business Review was launched precisely 90 years ago this month with an ambitious agenda — to produce a "business theory," based on rigorous research, to help managers run their companies more effectively. And like the rest of the media world, we rely on the metrics of our industry. We are also, of course, a business.

Levitt 8

Levitt Porter Management Metrics 8

Harvard Business Review

NOVEMBER 6, 2014

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Businesses and management experts, in contrast, tend take the opposite position.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

NOVEMBER 6, 2014

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Businesses and management experts, in contrast, tend take the opposite position.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

MARCH 26, 2012

As soon as you've discovered the next, best thing, everyone in your industry starts trying to replicate it. Where most managers are forced to spend their days figuring out the next best iteration on their products or services, a handful of companies have been able to exploit scale instead of vision in their pursuit of profit.

Porter 12

Porter Competitive Advantage Safe Harbor Efficiency 12

Harvard Business Review

MARCH 2, 2012

And I needed the kind of advice that only a manager can give. And yet this illusion to which we so desperately cleave — health care is a private industry! running according to free-market efficiencies! And the health care sector is an industry no other industry should want to be tethered to. Thank heavens.)

Kaplan 20

Kaplan Health Care Insurance Porter 20

Harvard Business Review

JANUARY 13, 2011

We aren't the first to see that the world has changed and free market competition no longer produces benefits as if by an invisible hand. Writing in the 1970s, Chandler described the growth of large industrial organizations in the early 20th century. The invisible hand was replaced by a visible one, belonging to a John D.

Competitive Advantage 15

Competitive Advantage Porter Politics Marketing 15

Harvard Business Review

JULY 22, 2015

But is business really so competitive – not in a few prominent industries, but in the economy as a whole? As Michael Porter argued a long time ago , the simplest measure of competition is profitability. As Luigi Zingales has observed , politicians are increasingly “pro-business” rather than “pro-market.”

Sull 8

Sull Competitive Advantage Porter Industry 8

Harvard Business Review

OCTOBER 4, 2013

From Michael Porter to Costas Markides and through the Blue Oceans of Kim and Mauborgne, strategy scholars have been urging executives to distinguish their firm’s offerings and carve out a unique market position. Yet, at the same time, we see many industries in which firms do more or less the same thing.

McKinsey 13

McKinsey Mauborgne Competitive Advantage Porter 13

Harvard Business Review

JANUARY 13, 2014

In 1960, marketing legend Ted Levitt provided perhaps his seminal contribution to the Harvard Business Review : “ Marketing Myopia.” Thought leaders like Christensen, Roger Martin , Michael Porter , and Steve Denning have all argued that shareholder value has been exposed as a flawed paradigm.

Levitt 11

Levitt Christensen Competitive Advantage Welch 11

Harvard Business Review

NOVEMBER 2, 2017

Before the iPhone was introduced, in 2007, Nokia was the dominant mobile phone maker with a clearly stated purpose — “Connecting people” — and an aggressive strategy for sustaining market dominance. The once-dominant Nokia soon lost much of its market cap and was eventually acquired by Microsoft. Insight Center.

Strategy 13

Strategy Company How To Supply Chain 13

Harvard Business Review

JULY 27, 2016

I first started working for Apple on the PR agency side at Porter Novelli in Sydney, Australia in 1997. Over this period, Apple would prove the cynics wrong and dazzle the world with its groundbreaking innovations, masterful marketing and against-the-grain approach. Wesson Wang. PR played a huge role in this success. Stay focused.

PR 8

PR Press Release Report Porter 8

Harvard Business Review

DECEMBER 29, 2011

Our most-watched video was " Rethinking Capitalism " with Harvard Business School professor Michael Porter. Economy, Industry by Industry. Rounding out the if-you-don't-understand-history-you're-doomed-to-repeat-it vein, we took a look at 50 years of turbulence in across several major industries. The Volatile U.S.

Video 14

Video Porter Charisma Customer Loyalty 14

Harvard Business Review

APRIL 23, 2015

“These ideas are more than 30 years old,” managers complain. Another example comes from the restaurant industry. Porter had it figured out in the mid-1980s. “Isn’t there anything more recent?” ” Unfortunately, this question demonstrates a lack of understanding of the nature of knowledge.

Strategy 8

Strategy Porter Price Cost of Capital 8

Harvard Business Review

MARCH 2, 2011

Some tentative conclusions: There is not much of a market for stand-alone strategy studies any more. Marakon , which put value-based management at the core of its strategy concentration, is essentially defunct. co-founded by Michael Porter back in the early 1980s, has seen better days. Monitor & Co.,

Consultative 15

Consultative Strategy McKinsey Porter 15

Harvard Business Review

NOVEMBER 18, 2011

With agriculture making up 9 percent of the state's economy, and water shortages already threatening growth in the state's energy industry , it's not a reach to suggest that the future of the Texas economy will be tied closely to water availability. The value is exempt from the ebb and flow of the market.

Supply Chain 14

Supply Chain Long-term Short-term Porter 14

Harvard Business Review

AUGUST 18, 2014

We know this because both businesses earn returns that are reasonable for their industries. It seems evident that the split does not create a new resource, and it is not obvious why splitting would enable the management team to exploit existing resources better. So how does RBV explain the decision to split the company into two?

RBV 9

RBV Competitive Advantage Resources Media 9

Harvard Business Review

FEBRUARY 2, 2012

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.

Competitive Advantage 14

Competitive Advantage Porter Goleman Emotional Intelligence 14

Harvard Business Review

JANUARY 7, 2013

Many management thinkers argue that it is no longer enough to do well financially; companies also need to improve the well-being of (or at least not harm) the communities in which they operate, the environment, and their employees. Porter and Mark R. Some companies probably aren't managing with such issues in mind.

Company 10

Company Long-term Porter CEO 10

Harvard Business Review

SEPTEMBER 17, 2013

Where other mantras – such as quality or managed care – have failed to galvanize the system’s diverse stakeholders, value may have a chance. Michael Porter has defined value as “health outcomes achieved per dollar spent.” In most markets consumers define value by purchasing and using things.

Health Care 8

Health Care Porter Long-term Short-term 8

Harvard Business Review

JUNE 3, 2011

The report came from a task force led by Rotman School of Management Dean and HBR contributor Roger Martin. market; further, it is likely that the best innovations get snapped up by U.S. Joshua Gans will take up the Skoll Chair in Innovation and Entrepreneurship at the Rotman School of Management, University of Toronto in July.

Innovation 14

Innovation Porter Rogers Human Capital 14

Harvard Business Review

AUGUST 5, 2015

While the men of Finisterre could flee economic conditions in Spain, there is no escaping employment market upheaval in the digital age. In emerging markets, labor’s share of GDP is declining in 42 out of 59 countries, including China, Mexico and India. The theme: Claiming Our Humanity — Managing in the Digital Age.

GDP 8

GDP Porter Education Globalization 8

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. These require sophisticated, sustainability-based management. ” Improving risk management. ” Improving risk management.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

JUNE 6, 2013

Video Management. This first step in a Map analysis requires managers to think deeply about how with whom they create value for the ultimate end-user. Since the mid-1800s all the way through Michael Porter, people have been encouraged to think of "competition" as a persistent driver of profit erosion - that is, as a threat.

Supply Chain 8

Supply Chain Price Analysis Porter 8

Harvard Business Review

MAY 25, 2011

But Thomson Reuters Foundation took a different tack in its response, going beyond donating to leverage its parent company's core competencies in information and the legal industry to catalyze change. It's different from traditional social responsibility programs, which are often tangential to a company's core operations.

Porter 12

Porter Core Competence Globalization Business Model 12

Harvard Business Review

SEPTEMBER 25, 2013

She said, “We all managed to make time for our executive MBAs, while still doing our day jobs. Find and follow the opinion leaders in your domain, read up on the classics , brush up on your Michael Porter. Career planning Leadership Managing yourself' One of my students had a great piece of advice for her classmates.

Porter 10

Porter Delegation Learning-by-Doing Project 10

Harvard Business Review

JUNE 7, 2011

The most puzzling critique in the op-ed was that "construction is an important industry in neighborhoods like Dharavi. We do support other applications for low-cost housing — bringing these dwellings back to the industrialized world for hurricane relief, for example, would be a reverse innovation success story.

Suri 13

Suri Godin Real Estate Construction 13

Harvard Business Review

OCTOBER 27, 2015

In most companies, marketers are in charge of assessing the competition. Because of this, close to 60 percent of all competitive intelligence professionals report to marketing. Yet the majority of marketers fail to use their competition analysts strategically, instead using them to gather more “recon” data.

Marketing 8

Marketing Competitive Intelligence Porter How To 8

Harvard Business Review

OCTOBER 15, 2014

In the “ Scientific Background ” essay on Tirole’s work provided by the Nobel committee, the focus is on Tirole’s work on industry structure, which has had a big impact on antitrust and other regulation, especially in Europe. But Tirole’s 1980s work on industrial organization also found its way into thinking about business strategy.

Strategy 8

Strategy Rivkin Game Theory Porter 8

Harvard Business Review

JUNE 23, 2017

Of all industries, insurance has a unique opportunity to align its commercial interests with preventive behaviors. Insurance is therefore a natural shared value industry — one that can employ the idea proposed by Harvard Business School professor Michael Porter and Mark Kramer of FSG in 2011. million people.

Insurance 9

Insurance Company Competitive Advantage Porter 9

Harvard Business Review

MARCH 1, 2016

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. They create new markets and new categories.

Efficiency 8

Efficiency Porter Morale Class 8

Harvard Business Review

MAY 13, 2014

I spoke with contributor Don Sull , who teaches strategy at MIT and the London Business School, about the tension between scholars who put sustainable competitive advantage at the center of strategy and those who argue that some industries are changing too quickly to allow for sustained performance. Start with Michael Porter.

Sull 10

Sull Competitive Advantage Porter Innovation 10

Harvard Business Review

MAY 3, 2018

These gold coasts are home to nine of the top 10, and 18 of the top 20, internet companies, as measured by market capitalization. But as the digital revolution continues to spark widespread disruption in other industries — automotive, financial services, health care, and retail — who will win?

Company 8

Company Venture Capitalist GDP Retail 8

Harvard Business Review

APRIL 4, 2013

So when Harvard Business School Professor Michael Porter invited HBR last month to attend a class where Kagame was the guest speaker, and talk to him and Kagame afterwards, I was curious but also a little worried about being enlisted as a Kagame salesman. To Porter] How did you hook up with this guy? How did this partnership evolve?

Porter 10

Porter Tourism Politics Long-term 10

Harvard Business Review

OCTOBER 18, 2012

The way in which we market presidents is broken, much like the way that we traditionally market businesses is broken. I say "market" presidents rather than "select" them because the way in which an organization commits to market its products and services can substantially determine the quality of the product it produces and sells.

Marketing 8

Marketing Politics Health Care Entrepreneur 8