Harvard Business Review

FEBRUARY 24, 2011

Meanwhile Harvard Business Review has been focused on this issue, with our most recent cover story titled "How to fix capitalism — and unleash a wave of innovation and growth". This cover story, by Michael Porter, suggests that companies and government need to get outside an outdated approach to value creation.

Innovation 15

Innovation Succession Porter Venture Capitalist 15

Harvard Business Review

MARCH 26, 2012

In the game of innovation, there is next to no time to rest. All in all, scale has provided some immense strategic benefits to large companies around the world — protecting many from entrepreneurial innovations that would otherwise threaten. Consider Porter's value chain. Each of these practices modularizes a firm.

Porter 12

Porter Competitive Advantage Safe Harbor Efficiency 12

Harvard Business Review

OCTOBER 14, 2013

But the very existence of these cross-subsidies is symptomatic of deep flaws in the health care reimbursement system. The new approach produces accurate, detailed, and transparent costs for each care process as well as the cost of all the unused capacity in the system. Leading Health Care Innovation. Kaplan and Michael E.

Health Care 8

Health Care Kaplan Porter Cost 8

Harvard Business Review

NOVEMBER 16, 2011

This approach is nowhere near enough to tackle the pressing problems we all face — water scarcity, low quality education systems, an aging population in some parts of the world, a rapidly growing one in others, and so on. Indeed, I see some of our most vexing societal problems as opportunities for the private sector.

Porter 14

Porter Supply Chain Energy Competitive Advantage 14

Harvard Business Review

MARCH 8, 2013

The smartest minds in social innovation are increasingly committed to engaging with the private sector to make significant changes in areas like health, education, and poverty. What happens when you reverse that model and place these investments at the front-end of your corporate innovation strategy? The Innovation Continuum.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

SEPTEMBER 17, 2013

In this regard, a closer examination of the value concept confirms its appeal but also exposes the daunting challenges facing health system reformers. Michael Porter has defined value as “health outcomes achieved per dollar spent.” Equally challenging is the lack of data systems to support outcome measurement.

Health Care 8

Health Care Porter Long-term Short-term 8

Harvard Business Review

JANUARY 13, 2014

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. Innovation Leadership Strategy' And short-term numbers at that.

Levitt 12

Levitt Christensen Competitive Advantage Welch 12

Harvard Business Review

OCTOBER 13, 2015

health care system in ways big and small that would either build on or radically revamp the Affordable Care Act (ACA). 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.

Health Care 8

Health Care Insurance Price Cost 8

Harvard Business Review

JULY 22, 2015

Barriers to entry are withering, innovations are easily copied, and disruption is everywhere. As Michael Porter argued a long time ago , the simplest measure of competition is profitability. It’s become part of the conventional wisdom. The macro numbers tell a very different story. Just look at what’s happened to workers.

Sull 8

Sull Competitive Advantage Porter Industry 8

Harvard Business Review

JUNE 7, 2012

A result that is exacerbated by the simultaneous decrease in the cost of innovation and the rise of new approaches, like Y Combinator's systematic incubation factory, Kickstarter's crowd-funding platform, and super angels like Ron Conway. Without understanding why a pattern exists, making reliably accurate predictions is hard, at best.

Venture Capitalist 15

Venture Capitalist Christensen Incubator Porter 15

Harvard Business Review

MARCH 8, 2016

politics is not merely the inevitable result of our free-market system; it is also a consequence of the choices our business leaders make. Share repurchases immediately and directly impact price and earnings in a way that longer-term investments in growth and innovation do not. Nor are they entirely innocent.

Politics 8

Politics Short-term Long-term Porter 8

Harvard Business Review

APRIL 17, 2013

There is a clamor of voices demanding the rebooting of capitalism, from academics (such as Michael Porter) and politicians (like Al Gore) to investors (such as CalPERS) and Occupy''s street activists. The system has lost sight of the point of reporting: to give companies access to financial capital by communicating their value to investors.

Report 8

Report Short-term Press Release Compliance 8

Harvard Business Review

JANUARY 7, 2013

Porter and Mark R. One of Adidas's latest sustainable innovations is DryDye technology, which removes the need for water in the dyeing process. See, for example, " Creating Shared Value ," by Michael E. That's the good news. The bad news is that stellar performance on both dimensions is no common or easy feat.

Company 10

Company Long-term Porter CEO 10

Harvard Business Review

JUNE 7, 2012

A result that is exacerbated by the simultaneous decrease in the cost of innovation and the rise of new approaches, like Y Combinator's systematic incubation factory, Kickstarter's crowd-funding platform, and super angels like Ron Conway. Without understanding why a pattern exists, making reliably accurate predictions is hard, at best.

Venture Capitalist 13

Venture Capitalist Christensen Incubator Porter 13

Harvard Business Review

APRIL 4, 2014

Medical science has enabled our health care system to deliver outcomes that would have been impossible a generation ago, and advances in fields such as genomics and stem-cell therapy offer immense promise to further accelerate medical innovation. We must strive to move beyond our own experiences.

Health Care 8

Health Care Policies Porter System 8

Harvard Business Review

JULY 1, 2014

A hope for patent reform – using Tesla’s visibility as a way of provoking a better conversation that might ultimately change the system. Michael Porter has written about “ activity-based strategy ” to mean the set of internal firm-wide activities that make up the value chain of a company. Patents are already in the public record).

Automotive 9

Automotive Industry Disruptive Innovation Open-book 9

Harvard Business Review

JANUARY 12, 2012

If you are at all familiar with Michael Porter's work , think about this as an industry developing its value chain. Over the course of the 30's, a huge population of Americans gained access to the automobile — a technology that made the corner stores' system of last mile distribution nearly obsolete.

Technology 15

Technology Retail Supply Chain Business Model 15

Harvard Business Review

OCTOBER 9, 2015

“The proper goal for any health care delivery system is to improve the value delivered to patients … To properly manage value, both outcomes and cost must be measured at the patient level,” Harvard’s Robert Kaplan and Michael Porter tell us. But, why do we only define patient value by outcomes and cost?

Health Care 8

Health Care Cost Kaplan Porter 8

Harvard Business Review

DECEMBER 29, 2011

Our most-watched video was " Rethinking Capitalism " with Harvard Business School professor Michael Porter. Our contributors weighed in with their innovations (and innovators) to watch. How Retailers Are Reinventing Shopping. Video interview. The Tanning of America.

Video 15

Video Porter Charisma Customer Loyalty 15

Harvard Business Review

JANUARY 23, 2015

Drucker’s theory of the business was a set of assumptions about what a business will and won’t do, closer to Michael Porter’s definition of strategy. A new business model may turn on designing a new product for an unmet need or on a process innovation. That is it may be new in either end.”

Business Model 8

Business Model Drucker Christensen P&L 8

Harvard Business Review

JANUARY 29, 2014

On the latter topic, check out Michael Porter and Thomas Lee, who lay out a strategy for improving the health care industry. Reforming America’s immigration system came up last night, and is considered by some pundits as one of the few areas of potential legislative action this year. Immigration.

Insourcing 8

Insourcing Health Care Proposal Meyer 8

Harvard Business Review

OCTOBER 21, 2016

Michel Porter and Mark Kramer pioneered the idea of “creating shared value,” arguing that businesses can generate economic value by identifying and addressing social problems that intersect with their business. Fostering innovation. The system also improves product quality by creating regulated growing conditions.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

AUGUST 18, 2014

The main alternative is the Positioning School , whose ideas were most clearly expounded by Michael Porter. It does not explain why you might be wise to focus on some resources and spin off other resources. So maybe there is a better theory of strategy? Unfortunately this theory also fails to explain the decision to split.

RBV 9

RBV Competitive Advantage Resources Media 9

Harvard Business Review

MARCH 7, 2012

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. Multinationals' shares of employment, capital investment, and output in the U.S.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

MAY 1, 2015

As Levie put it, “in this industry, people already think they have innovated if they have painted a grey wall green.” Both men thought that the industry was stale and too homogeneous relative to the diversity of customers it sought to serve. ” They two men were plotting to change that.

Industry 8

Industry Hotels Travel Airlines 8

Harvard Business Review

MARCH 2, 2016

However, it is the challenge the Dorchester Collection has set for itself as a luxury service company, and as global director of guest experience and innovation for our iconic hotels, it’s my challenge. It’s not easy, and it may not be appropriate for businesses catering to a mass audience. The Ratings Catch-22.

Hotels 8

Hotels Travel Porter CRM 8

Harvard Business Review

JANUARY 24, 2017

Through a coordinated, systemic, prolonged intervention with dozens of institutions and thousands of individual participants, new growth of the local companies we trained has directly created over 1033 jobs, fueled by dozens of new private sector financings. 4 – Building local capacity and getting out.

Entrepreneur 8

Entrepreneur Mentor Banking Self-aware 8

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. To quote Porter: "Strategy renders choices about what not to do as important as choices about what to do." This is another Christensen observation, albeit a lot less famous than the one about disruptive innovation.

Strategy 9

Strategy Porter Christensen Mauborgne 9

Harvard Business Review

MAY 13, 2014

Start with Michael Porter. Firms often use an innovative technology or a new business model to seize the new opportunity and they typically disrupt someone else’s business in the process. So this view is often associated with innovation or disruption. When Innovation Is Strategy. Innovation Strategy'

Sull 10

Sull Competitive Advantage Porter Innovation 10

Harvard Business Review

SEPTEMBER 24, 2013

As consolidation expands, data and transparency become increasingly important, as a way to ensure that caregivers across the system are providing comparable care. To remain viable in today’s rapidly evolving environment, health care systems must reduce costs while continuing to improve quality and outcomes.

Health Care 9

Health Care Supply Chain Cost Quality 9

Harvard Business Review

JANUARY 28, 2015

Amid the rubble of the dot-com bust in 2001, Michael Porter weighed in on the question of how to gauge which businesses “active on the internet,” as he put it, were real and which were destined to go the way of Pets.com when their venture funding dried up. It’s still worth a look now.

Porter 8

Porter Power Competitive Advantage Film 8

Harvard Business Review

OCTOBER 22, 2015

The HBS team has been using Time-Driven Activity-Based Costing (TDABC), an approach initially proposed by one of us (Bob Kaplan) and Michael Porter, to help providers pursue the value-based delivery of care. Every Mayo value-improvement project tests one or more innovations for improving the value of care. Select a project team.

Mayo 8

Mayo Health Care Committee Project 8

Harvard Business Review

OCTOBER 12, 2015

The system for paying health care providers is extremely fragmented. The care group, a new legal entity in the Dutch health care system, comprises multiple providers, often exclusively general practitioners. Porter and Thomas H. Outpatient specialist care and inpatient care are still paid via existing hospital-payment systems.

Health Care 8

Health Care Insurance Quality Porter 8

Harvard Business Review

SEPTEMBER 17, 2015

It seems that every week, one or another announces a new “Center for Health Care Value” or “Center for Health Care Innovation.” As Michael Porter and Thomas H. (For Comparison of outcomes is essential to disseminate innovations from one individual or team to another. For more, see this HBS case.).

Health Care 8

Health Care Fraser Price Compliance 8

Harvard Business Review

MAY 3, 2018

Will Other Nations Develop Local Champions and Innovation Hubs? Many have tried but few have succeeded in developing substantial innovation hubs. Friction-reducing measures include infrastructure, such as access and internet speeds; skilled labor; online payment systems; data security; and government policy.

Company 8

Company Venture Capitalist GDP Retail 8

Harvard Business Review

OCTOBER 18, 2012

Progressive businesses like Salesforce.com and SAS Canada are moving toward a new marketing model in which customers sell, market and participate heavily in helping develop innovative solutions for them. And, much more exciting, government itself is innovating to support such Big Goal efforts.

Marketing 8

Marketing Politics Health Care Entrepreneur 8