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Your Stop List - Deciding What NOT To Do

Six Disciplines

According the Harvard strategy expert, Michael Porter: "The essence of strategy is deciding what NOT to do.". And, according to management guru Peter Drucker: “Half the leaders that I have met don’t need to learn what to do. If your organization doesn't discipline itself to do this - our free market - will.

Porter 101
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What is the Price?

Kevin Eikenberry

Not just if we are a business owner, Brand, Marketing or Sales Manager, or someone else traditionally responsible for price, but for all of us as leaders, thinking about how people invest of themselves, their time, energy and more. Do You Really Need a Meeting to Make a Decision?

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Michael Porter Tries to Set Davos Man on a New Path

Harvard Business Review

Well, if you're Michael Porter it isn't quite enough: I ran into him yesterday here at Davos and the first thing he said was something along the lines of, "You need more copies of HBR here." Kramer put it in their article , that "societal needs, not just economic needs, define markets.". Says Porter when Mahindra is done: "A.

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Health Care Transparency Should Be About Strategy, Not Marketing

Harvard Business Review

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. Engaging in improvement-focused – rather than marketing-focused – transparency is hard work.

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Five Common Strategy Mistakes

Harvard Business Review

I just finished a two-year project looking at Michael Porter's most important insights for managers. Here are five more traps I've seen managers fall into over and over again. Understanding Porter's strategy fundamentals will help you to avoid them. Confusing marketing with strategy. It's not the goal (e.g.,

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Strategy Essentials You Ignore at Your Peril

Harvard Business Review

Michael Porter, the world's leading authority on competition and strategy, is sometimes the victim of his own success. But in fact, most managers don't. Managers confuse differentiation with being different. Competition is about profits, not market share. But strategy is more than marketing.

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Why Management Matters: Welcome to the HBR Insight Center

Harvard Business Review

Harvard Business Review was launched precisely 90 years ago this month with an ambitious agenda — to produce a "business theory," based on rigorous research, to help managers run their companies more effectively. Our goal now is to keep publishing ideas that matter, for at least another 90 years. What Makes a Leader? More >>.

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