Harvard Business Review

APRIL 15, 2014

But it replaced one that had played music of the 1930s and ‘40s, prompting those customers who enjoyed classics from the likes of Irving Berlin, Cole Porter and the Gershwins to cancel their subscriptions. If you bounce from one strategy (say, low prices) to another (full service) and back again, people won’t know what you stand for.

Disruptive Innovation 10

Disruptive Innovation Mass Marketing Fashion Porter 10

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. McKinsey, of course, offers the most uncertain product of all: Strategy advice. Underestimate them at your peril.

McKinsey 13

McKinsey Mauborgne Competitive Advantage 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

OCTOBER 21, 2016

These require sophisticated, sustainability-based management. 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. ” Improving risk management.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

NOVEMBER 18, 2011

billion in agricultural production alone. Water is one of the world's most glaring commercial anomalies, with a price reflecting nothing more than the costs to extract and distribute it. Even as demand vastly outpaces supply, the market price is as static as a boulder in stream.

Supply Chain 15

Supply Chain Long-term Short-term Porter 15

Harvard Business Review

MARCH 2, 2011

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. Undertakings with $20 million price tags such as the post-merger integration of a giant pharmaceutical client and its equally humongous acquisition.

Consultative 15

Consultative Strategy McKinsey Porter 15

Harvard Business Review

JULY 22, 2015

As Michael Porter argued a long time ago , the simplest measure of competition is profitability. Puzzling anecdotes abound: Microsoft has missed out on a series of new products in the past decade, yet as Don Sull points out , it continues to be highly profitable. The macro numbers tell a very different story.

Sull 8

Sull Competitive Advantage Porter Industry 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

MARCH 29, 2018

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.,

Budgeting 8

Budgeting System Innovation Payback Period 8

Harvard Business Review

JANUARY 13, 2011

Under managerial capitalism, overall production was no longer driven by market mechanisms; it was decided on by skilled managers in large companies. Before mass production, no organization had achieved or could achieve the kind of scale the industrial revolution enabled. Fat cats just don't fight like alley cats.

Competitive Advantage 15

Competitive Advantage Porter Politics Marketing 15

Harvard Business Review

NOVEMBER 13, 2012

Creating and Capitalizing on the Best New Management Thinking. Part of our initial response was to rank management gurus according to the measurable influence of their ideas; we were the first researchers to use scholarly methods to do so. For example, a British study showed the precise ways in which management gurus in the 1980s U.K.

Prahalad 15

Prahalad Hamel Core Competence Leadership 15

Harvard Business Review

JULY 18, 2017

Take a company that is thinking about cutting investment to boost earnings, hoping to inflate its stock price. She would sell her shares, pushing the stock price down. Critically, short-term selling by shareholders need not entail short-term behavior by managers. Productivity also improves in plants sold by hedge funds.

Short-term 8

Short-term Intangible Assets Hedge Long-term 8

Harvard Business Review

JANUARY 23, 2013

Other objectives can but there is a price to be paid. In health care, for example, research indicates a decline in quality when non-profit hospitals switched to become profit making, as Eduardo Porter explained this month in the New York Times. How will that tension be managed or resolved?

Porter 9

Porter Welch Health Care Marketing 9

Harvard Business Review

FEBRUARY 14, 2012

But if they were launching today, banks would likely ask themselves how to accomplish the transactions (deposits, withdrawals, financial management) of banking without the physical commitment of banks. Many organizations still operate by Porter's Value Chain model , where Z follows Y, which follows X. Conversations, not chains.

Banking 16

Banking Business Model Supply Chain Mass Marketing 16

Harvard Business Review

JUNE 23, 2017

Insurers, along with public services, can directly “monetize” better individual behavior as healthier or safer individual outcomes, lower claims costs, and improve risk pools, which can be translated into lower-priced premiums and a competitive advantage in the marketplace.

Insurance 10

Insurance Company Competitive Advantage Porter 10

Harvard Business Review

JULY 24, 2014

The dashboard aggregates an ever-growing variety of public datasets to allow for more intelligent urban management. Twitter, for example, sells access to a range of real-time APIs to marketing platforms, but the price point often exceeds researchers’ budgets. Porter and Mark R.

Porter 10

Porter Competitive Advantage Core Competence Crisis 10

Harvard Business Review

OCTOBER 15, 2014

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?”

Strategy 8

Strategy Rivkin Game Theory Porter 8

Harvard Business Review

DECEMBER 15, 2015

In California, government management of water resources has been highly dysfunctional (though it’s getting better)—but even so farmers are doing a much, much better job getting exactly the right amount of water to plants at the right time, and doing the same with fertilizer. Here’s just one example. Fisheries, for example.

Price 8

Price Constraint Resources Cost 8