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

MARCH 26, 2012

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. Huge retailers such as Walmart and Target also use scale to keep their purchasing costs down and their prices competitive.

Porter 13

Porter Competitive Advantage Safe Harbor Efficiency 13

Harvard Business Review

APRIL 15, 2014

By now, the idea that organizations must adapt in order to maintain both relevance and market share in a rapidly changing world is so ingrained that it’s been reduced to pithy sayings. 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

JANUARY 12, 2012

At any given point in time, the market will find equilibrium. To deliver goods and services at that singular instance, industries will adopt production and distribution models. If you are at all familiar with Michael Porter's work , think about this as an industry developing its value chain. What changed?

Technology 15

Technology Retail Supply Chain Business Model 15

Harvard Business Review

NOVEMBER 3, 2016

In every aspect of business, we are operating with mental models that have grown outdated or obsolete, from strategy to marketing to organization to leadership. In strategy, an entire generation grew up with Michael Porter’s five forces. The Porter model of strategy isn’t obsolete. Unlearning is not about forgetting.

Porter 8

Porter Competitive Advantage Senge Network Economy 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. Disruptions in the supply chain may affect production processes that depend on unpriced natural capital assets such as biodiversity, groundwater, clean air, and climate. Fostering innovation.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 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. McKinsey, of course, offers the most uncertain product of all: Strategy advice.

McKinsey 13

McKinsey Mauborgne Competitive Advantage Porter 13

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. The value is exempt from the ebb and flow of the market. The economic cost of the drought has been incredible; Texas lost $5.2

Supply Chain 15

Supply Chain Long-term Short-term Porter 15

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. Before 1850 there was the market economy, in which many players, engaged in something plausibly resembling perfect competition , collectively met demand without any grand plan to do so.

Competitive Advantage 15

Competitive Advantage Porter Politics Marketing 15

Harvard Business Review

MARCH 2, 2011

Some tentative conclusions: There is not much of a market for stand-alone strategy studies any more. 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

OCTOBER 13, 2015

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. These trends likely result in market-share gains for providers that deliver high quality at lower costs.

Health Care 8

Health Care Insurance Price Cost 8

Harvard Business Review

FEBRUARY 24, 2011

At the same time, the federal and state governments understand that their budgets can't muster all the ideas, products and services that are needed to solve the problems facing us. This cover story, by Michael Porter, suggests that companies and government need to get outside an outdated approach to value creation. trillion by 2020.

Innovation 15

Innovation Succession Porter Venture Capitalist 15

Harvard Business Review

JUNE 6, 2013

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. One of the interesting implications of this view of competition is that market share is not always the unalloyed "good" that many managers assume it to be.

Supply Chain 8

Supply Chain Price Analysis Porter 8

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

JANUARY 23, 2013

Increasingly, I see people looking starry-eyed to business and markets to solve social problems. My view is that pretending companies and markets hold all the answers actually puts at risk our ability to deal with our most pressing societal problems — and to help our most vulnerable citizens. I have an M.B.A.

Porter 9

Porter Welch Health Care Marketing 9

Harvard Business Review

JULY 1, 2014

The fact that any of these theories could be true – and based on the share price movement, all of them are being applauded – says three important things about the nature of industries and competition today: Industries are increasingly irrelevant; it’s now the ecosystem that matters. Personally, we don’t presume to know Elon Musk’s mind.

Automotive 9

Automotive Industry Disruptive Innovation Open-book 9

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. If earnings are low, “the market sells first and asks questions later” as the adage goes. Productivity also improves in plants sold by hedge funds.

Short-term 8

Short-term Intangible Assets Hedge Long-term 8

Harvard Business Review

DECEMBER 24, 2013

Meanwhile, Michael Porter explains exactly how health care needs disrupting, professors from INSEAD and MIT debate the merits of the MOOCs that might upend higher education, and our own Sarah Green tells publishers to quit whining about disruption and start enjoying the innovation that goes along with it. The Price of Incivility.

Management 20

Management Health Care Middle Management Agility 20

Harvard Business Review

FEBRUARY 14, 2012

It's not to create more jargon, it's to emphasize a point: that social is more than the stuff the marketing team deals with. Many organizations still operate by Porter's Value Chain model , where Z follows Y, which follows X. Mass markets were a convenient fiction created by mass media. But real markets are much more precise.

Banking 16

Banking Business Model Supply Chain Mass Marketing 16

Harvard Business Review

MAY 12, 2015

If you read what Peter Drucker had to say about competition back in the late ’50s and early ‘60s, he really only talked about one thing: competition on price. It was this received opinion Michael Porter was questioning when, in 1979, he mapped out four additional competitive forces in “ How Competitive Forces Shape Strategy.”

Strategy 8

Strategy Porter Blue Ocean Strategy Luehrman 8

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. million people.

Insurance 10

Insurance Company Competitive Advantage Porter 10

Harvard Business Review

JUNE 3, 2011

One company that I worked with found that the accuracy of market forecasts for new-to-the-world ideas was roughly equivalent to using the results of a random number generator. Alternatively, consider a way to get a customer to pay for an early version of a product. Lie #2: Product developer, "We'll be ready to ship in six months.".

Innovation 15

Innovation Market Segmentation Porter Sharpe 15

Harvard Business Review

JULY 24, 2014

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. Further, the greater the awareness of your type of technology in the community, the larger the market is likely to actually be. .”

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.

Strategy 8

Strategy Rivkin Game Theory Porter 8

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

SEPTEMBER 24, 2013

Through a concerted focus on our supply chain, we use rigorous value-based purchasing protocols, market intelligence, and business analytics to examine every purchase from the standpoint of value, utility, and outcomes. To remedy that, we’ve taped price lists to supply cabinets in some ORs. The Cleveland Clinic’s Journey.

Health Care 9

Health Care Supply Chain Cost Quality 9

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

Harvard Business Review

JANUARY 27, 2012

With six to eight boutiques opening every day, at prices 50 percent below retail, Mack says the goal is to make every day "Black Friday" — without selling out too fast given the 72-hour lifetime of each boutique. Gone is the age of "feature, function, selection and price." A leading example is Zulily f or new moms and kids.

Retail 15

Retail Fashion Merchandising Apparel 15