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How the Internet of Things Changes Business Models

Harvard Business Review

In traditional product companies, creating value meant identifying enduring customer needs and manufacturing well-engineered solutions. The market stack is deeper than traditional products; you need to think about how your company will monetize your product and how your product will allow others to generate and collect value, too.”.

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The Ideas that Shaped Management in 2013

Harvard Business Review

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. How Netflix Reinvented HR.

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Social Progress = Economic Success: Social Innovation at Work

Harvard Business Review

This cover story, by Michael Porter, suggests that companies and government need to get outside an outdated approach to value creation.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. trillion by 2020.

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3 Steps to Break Out in a Tired Industry

Harvard Business Review

” 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. You can’t] create a boat that has an engine, is a row boat and a sailboat all in one.

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Can the U.S. Become a Base for Serving the Global Economy?

Harvard Business Review

private-sector research and development. They include a weak K-12 education system; inadequate worker skills; a shortage of workers with backgrounds in science, technology, engineering and mathematics; restrictions on skilled immigrants; the crumbling infrastructure and a high corporate tax rate. In 2009, they accounted for 24.4%

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How Marketers Can Connect Profit and Purpose

Harvard Business Review

Six years ago, Harvard’s Michael Porter and FSG’s Mark Kramer made the bold statement that shared value — the idea that the purpose of a company is to achieve both shareholder profit and social purpose — would “reinvent capitalism.” Andy Roberts/Getty Images.

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The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

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. The project team developed TDABC process maps at the three locations. Select a project team. Engage local physicians.

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