article thumbnail

Profit Is Less About Good Management than You Think

Harvard Business Review

His talented student, the legendary Warren Buffet, thought the same: “ when management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.”

article thumbnail

Why the Problem with Learning Is Unlearning

Harvard Business Review

” But in a networked economy, the nature of strategy, value creation, and competitive advantage change from incremental to exponential. For example, instead of using relationships to drive transactions, we could be building brand orbits and embedding transactions in relationships. They are the proverbial water to the fish.

Porter 8