article thumbnail

Why Porter's Model No Longer Works

Harvard Business Review

It will help us decide what we make, how much we make, and how we finance that production. While social media doesn't shift Porter's model , the social era surely does. Let's think about the way that changes our modes of production. But, to put it bluntly, Porter's value chain is antiquated in the light of the social era.

Porter 16
article thumbnail

CMI Hong Kong: updates from the board

Chartered Management Institute

Other key events we hosted included an in-person networking event with the HKU SPACE GMBA students and alumni, and four webinars on different topics: “Future Leadership in the Fourth Industrial Revolution”, “Deep Dives into STEM and Finance” as well as “Skills for New Employment Landscape” with the UNESCO HK Glocal Peace Centre.

Webinar 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In 2014, Resolve to Make Your Business Human Again

Harvard Business Review

Levitt agreed, noting that the trouble starts when over time companies come to define themselves not by what they do for customers but by the products they sell or the categories in which they compete. Peter Drucker famously said that the point of a business was to create a customer. No, it’s to maximize shareholder value.

Levitt 11
article thumbnail

Desperately Seeking Simplicity

Harvard Business Review

An example was a discussion session of tired-looking European finance ministers, defensive and elusive about the speed of acting on the Euro crisis. I heard it in a session led by Professor Michael Porter and Dean Nitin Nohria of the Harvard Business School who were sharing a research project on declining American Competitiveness.

article thumbnail

Is Venture Capital Broken?

Harvard Business Review

Our research suggests that investors like us succumb time and again to narrative fallacies, a well-studied behavioral finance bias. Barriers to entry are decreasing and disruptive entrants are surging, a recipe that both Michael Porter and Clayton Christensen could agree augurs poorly for industry returns.

article thumbnail

Is Venture Capital Broken?

Harvard Business Review

Our research suggests that investors like us succumb time and again to narrative fallacies, a well-studied behavioral finance bias. Barriers to entry are decreasing and disruptive entrants are surging, a recipe that both Michael Porter and Clayton Christensen could agree augurs poorly for industry returns.

article thumbnail

The 4 Types of Small Businesses, and Why Each One Matters

Harvard Business Review

These are companies like Hooven-Dayton in Miamisburg, Ohio which provides labels for Tide and Mr. Clean products. corporations and for companies considering moving production back to the U.S. For example, a research and supplier park established in Prince George, Virginia in 2010 was part of bringing Rolls Royce production to the area.