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

OCTOBER 14, 2013

The center will then tie the cost to patient-outcome measures, which will enable it to design a system that improves the quality of outcomes, motivates efficiency and improved capacity utilization, reduces costs, and assures patients and providers that any cost improvements will not reduce the quality of care delivered.

Health Care 8

Health Care Kaplan Porter Cost 8

Harvard Business Review

APRIL 17, 2014

It relates to what Michael Porter meant with being “stuck in the middle”: if you try to come up with a strategy that does everything for everyone, you will likely end up achieving nothing. This, while the clinical quality of their service – the cataract operation – is second to none. Every organization learns with experience.

Management 11

Management Learning Curve Short-term Long-term 11

Harvard Business Review

OCTOBER 16, 2012

And that's quality. There certainly is no shortage of candidates from our nine decades of publishing — from Ted Levitt's "Marketing Myopia" to Michael Porter's "How Competitive Forces Shape Strategy.". We judge our success in part by the bottom line — on our circulation, our newsstand sales, our advertising dollars.

Levitt 8

Levitt Porter Management Metrics 8

Harvard Business Review

MAY 21, 2015

But as Michael Porter and I write in our recent Perspective article in The New England Journal of Medicine , “ Why Strategy Matters Now ,” providers are unlikely to succeed if they cannot focus on this goal. Make no mistake – improving value for patients is hard.

Health Care 8

Health Care Marketing Strategy Porter 8

Harvard Business Review

FEBRUARY 24, 2011

This cover story, by Michael Porter, suggests that companies and government need to get outside an outdated approach to value creation. Today, Porter says, companies must reconnect company success with social progress, not as philanthropy, but as a way to achieve economic success.

Innovation 15

Innovation Succession Porter Venture Capitalist 15

Harvard Business Review

NOVEMBER 2, 2017

It hardly mattered anymore if your pepper supply chain was the best designed and most efficiently run, if your customer base was elite, or if the quality of your pepper was second to none. The pepper trade, for example, was disrupted not by a better spice but by refrigeration. Your purpose — preserving food — had been co-opted.

Strategy 13

Strategy Company How To Supply Chain 13

Harvard Business Review

JANUARY 15, 2015

Consider Mr Porter , the man-cousin of Net-a-Porter. Its rivals try to infect the entire internet with glamorous photoshoots studded with celebrities — something Mr Porter eschews completely. Deliver lasting gains in their quality of life. There, a fashion-challenged dork (a.k.a. Improve their lives.

Strategy 8

Strategy Porter Marketing Fashion 8

Harvard Business Review

OCTOBER 13, 2015

All will claim to reduce costs and improve quality. In order to accomplish this, proposals will largely focus on what is termed “wasteful spending” in health care, spending not associated with improved quality that, by some estimates , accounts for over one-fourth of total health care spending. Insight Center.

Health Care 8

Health Care Insurance Price Cost 8

You're Not the Boss of Me

AUGUST 15, 2010

This myth asserts that people simply either have certain charismatic qualities or not. « You’re Not the Boss of Me Leave a Reply Cancel reply Quote of the Week The most dangerous leadership myth is that leaders are born-that there is a genetic factor to leadership. Thats nonsense; in fact, the opposite is true.

Hotels 52

Hotels Leadership Blog Porter 52

Harvard Business Review

APRIL 7, 2015

While these qualities help engender loyalty, they often make some of the difficult conversations associated with managing people especially challenging. Strategy guru and Michael Porter of Harvard Business School elegantly articulated this when he wrote that strategy is both what we choose to do — and what we choose not to do.

Execution 8

Execution Skills Health Care Porter 8

Harvard Business Review

MAY 30, 2018

Quality Sport Images/Getty Images. Professional endings can be exuberant, like the send-off celebration for retiring Net-a-Porter CEO Mark Sebba , or earnest, like the parting U.S. The game had ended. The applause had died down, and people had gone home. His work was done, now he could rest. So he took off his cleats and he sat down.

How To 12

How To Career Porter Long-term 12

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.” Words can spearhead social transformation. Let’s hope that’s true for “value” in health care.

Health Care 8

Health Care Porter Long-term Short-term 8

Harvard Business Review

OCTOBER 20, 2014

More impressively, by linking all the machines together, they were able to predict — and subsequently improve — overall process reliability and product quality. This was all done through physical, smart, connected devices and sensors, which monitored, controlled, and optimized the units with increasing autonomy via continuous learning.

Discounted Cash Flow 8

Discounted Cash Flow P&L NPV EBITDA 8

Harvard Business Review

MAY 13, 2011

This problem is as real for consumer-centric organizations as for corporations looking for opportunities to share value beyond their shareholders (as Michael Porter and Mark Kramer recently discussed in the pages of HBR ). But how does it work with regard to rip offs?

Price 14

Price Porter Early Adopters Long-term 14

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 2, 2013

The term was coined by Michael Porter to denote a broader goal for businesses than share holder value; companies operating with a shared value mindset prioritize business investments that also produce social value – and prioritize social investments that also produce business value. The top graduates hire and fire their employers.

Trends 8

Trends Development Net Present Value NGO 8

Harvard Business Review

MAY 1, 2015

” The men thought that these customers, on arrival, really did not need a porter to pick up their luggage and carry it to their room – after all, they had likely just brought it all the way from the airport on their own. As they put it, “a mix of explorer, professional, and shopper.”

Industry 8

Industry Hotels Travel Airlines 8

Harvard Business Review

FEBRUARY 14, 2012

We see billions of people around the world striving to improve their quality of life, and ideas about what constitutes an improved quality of life shifting. Unilever's strategy for 2020 is formulated in direct response to that quest for improved quality of life in a much more resource-constrained context.

Globalization 14

Globalization NGO Leadership Development Politics 14

Harvard Business Review

JANUARY 23, 2013

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. Many crucial objectives simply cannot be accomplished while generating a financial return. Other objectives can but there is a price to be paid.

Porter 9

Porter Welch Health Care Marketing 9

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. The system also improves product quality by creating regulated growing conditions.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

MARCH 2, 2016

One industry standard promoted by a ratings agency, for example, is that a porter or bellman must “explain features and functions” of a room when delivering your luggage. Curiosity is a quality we look for — and hire for — in staff. Staff will make them feel welcome but will take pains not to be intrusive.

Hotels 8

Hotels Travel Porter CRM 8

Harvard Business Review

JULY 18, 2017

An influential 1992 HBR article by Michael Porter advocated the Japanese model of long-term illiquid stakes. But the number and quality of future patents improves – hedge funds get more with less. Finally, the criticism of liquidity and short-term trading is not new, and the evidence does not support it. What about innovation?

Short-term 8

Short-term Intangible Assets Hedge Long-term 8

Harvard Business Review

OCTOBER 18, 2012

But to name the one piece that has resonated most with me in recent years, I would have to single out " Creating Shared Value " by Michael Porter and Mark Kramer. As an example, Porter and Kramer point to Nestlé which is, of course, a major buyer of coffee beans. May Porter's and Kramer's work inspire many more to join the fight.

Porter 8

Porter Maturity Proposal Article 8

Strategy Driven

AUGUST 5, 2011

It occurred to me that this was a talent to watch, as I was already familiar with established composers such as George Gershwin, Cole Porter, Irving Berlin and others. Organizations in the right business for the right reasons tend to practice continuous quality improvement.

Learning-by-Doing 63

Learning-by-Doing Leadership Strategic Planning Open-book 63

Harvard Business Review

OCTOBER 27, 2015

Rezavandi’s strategic early warning methodology starts with the company’s existing strategy, then synthesizes the cacophony of competitive information into hypotheses about the future using Michael Porter’s strategic frameworks (think: substitutes, buyers, and suppliers). This helps keep the team’s efforts focused.

Marketing 8

Marketing Competitive Intelligence Porter How To 8

Harvard Business Review

JULY 24, 2014

Public sector and social good organizations may not have access to the same amount, quality, or frequency of data. Porter and Mark R. As Porter and Kramer argue, such non-monetary assistance reflecting a company’s existing expertise can surpass the social impact achieved per dollar expended through traditional philanthropy.

Porter 10

Porter Competitive Advantage Core Competence Crisis 10

Harvard Business Review

SEPTEMBER 24, 2013

That breakthrough is value-based care, the goal of which is to lower health care costs and improve quality and outcomes. health care is too expensive, too inefficient, and the quality is too varied. We’ve made similar strides in many other clinical areas, using data to drive quality. We all know that U.S.

Health Care 9

Health Care Supply Chain Cost Quality 9

Harvard Business Review

JULY 31, 2018

Other researchers, including Enrico Moretti, Michael Porter, and my colleague Mark Muro , point to the power of clusters — especially in tech-based advanced industries — for regional job creation.

Supply Chain 8

Supply Chain Porter Incentives Competitive Advantage 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. One of the team’s central findings is that TDABC cannot be delegated to the finance function. Measure outcomes and costs.

Mayo 8

Mayo Health Care Committee Project 8

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

OCTOBER 14, 2014

Here’s a look at a tiny, tiny slice of it: Those are a couple of dozen air quality sensors located around Boston, as documented by Thingful , a search engine for publicly available Internet of Things things (including sharks !). Click on a dot to get real-time information on air quality in the area. That’s a thing.

Gordon 10

Gordon Porter Information Technology Health Care 10

Harvard Business Review

OCTOBER 12, 2015

Bundled-payment efforts in both countries shift accountability to a single provider-led entity that must ensure quality, thereby emphasizing value over volume of care. A collaboration of the editors of Harvard Business Review and the New England Journal of Medicine , exploring cutting-edge ways to improve quality and reduce waste.

Health Care 8

Health Care Insurance Quality Porter 8

Harvard Business Review

SEPTEMBER 17, 2015

As Michael Porter and Thomas H. Providers commonly cite quality, research, or education as goals, but few measure their patients’ treatment outcomes or report them – either to their clinicians or the public. Unfortunately, most quality measurement has focused narrowly on complying with evidenced-based processes.

Health Care 8

Health Care Fraser Price Compliance 8

Harvard Business Review

SEPTEMBER 21, 2015

But these trends also had more negative consequences, as Jan Rivkin and Michael Porter have argued in their work as co-chairs of Harvard Business School’s U.S. The ensuing waves of globalization and technological progress brought great benefits to American firms and consumers. Competitiveness Project. In the Minneapolis-St.

Resources 8

Resources Company Rivkin Short-term 8

Harvard Business Review

NOVEMBER 4, 2016

That’s a more than a hundredfold escalation in labor costs, plus higher materials costs — and horrible quality. But in the words of survey coauthor Michael Porter , many were “offended by the discussion saying that someone is getting paid too much.” than boosting overall economic growth.

Globalization 8

Globalization Education Policies Survey 8

Harvard Business Review

OCTOBER 18, 2012

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. The way in which we market presidents is broken, much like the way that we traditionally market businesses is broken.

Marketing 8

Marketing Politics Health Care Entrepreneur 8