Harvard Business Review

MARCH 22, 2012

is experiencing more than just the challenges related to a severe cyclical downturn — the problem is structural and long-term. back on track will require a long-term strategy, significant changes, and collaboration for the common good. The reasons behind it are complex, and the solutions are equally complex.

Porter 12

Porter Webinar Long-term Strategy 12

First Friday Book Synopsis

FEBRUARY 24, 2012

During 1993-96 he was on long-term leave from UCLA, [.]. He worked as a systems engineer at the Jet Propulsion Laboratories and served on the faculty of the Harvard Business School. He joined the UCLA faculty in 1976.

Engineering 75

Engineering Long-term System Teece 75

Harvard Business Review

APRIL 26, 2011

Michael Porter and Mark Kramer's article in January's HBR tries to advance our world's shared values by arguing that doing right is the best long-term business strategy. But first, let's praise Porter and Kramer. Their article puts Porter's reputational weight behind an idea that in itself has, well, shared value.

Porter 15

Porter Morale Supply Chain Long-term 15

Harvard Business Review

MARCH 8, 2016

They transfer money away from public treasuries and wage earners to provide a short-term incremental benefit that does nothing to improve the company’s long-term prospects. But neither should they make capital-allocation decisions without regard to the long-term consequences for their own success.

Politics 8

Politics Short-term Long-term Porter 8

Harvard Business Review

APRIL 17, 2014

And management techniques, practices, and strategies are no different. 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. The trick is that their business models are built for the long-term.

Management 12

Management Learning Curve Short-term Long-term 12

Harvard Business Review

JANUARY 10, 2011

For too long, capitalists have taken people, communities, society, nature, and the future for granted — but today, they damn well shouldn't. That the wellsprings of competitiveness arise from a near-term strategy to extract value, instead of a long-term philosophy to create thicker, more broadly shared value.

Porter 17

Porter Short-term Senge Hamel 17

Harvard Business Review

JANUARY 7, 2013

Porter and Mark R. You can see this clearly in the graphic blow, which maps the long-term financial performance of some 1,100 CEOs against their companies' social and environmental performance for their last two years in office (click for a larger view). See, for example, " Creating Shared Value ," by Michael E.

Company 10

Company Long-term Porter CEO 10

Harvard Business Review

JULY 29, 2014

Equally important, firms’ efforts to develop their core capabilities change focus to emphasize growing partnerships, not always build internal capabilities—so that understanding how others in the ecosystem make money becomes important to long-term success. For some industries, those basic strategies still hold true today.

Business Model 14

Business Model Venture Capitalist Disruptive Innovation Porter 14

Harvard Business Review

APRIL 21, 2015

Back in the early 1960s, the great Boston Consulting Group founder and strategy theorist Bruce Henderson asserted that there was only one way to successfully compete: gain a relative market share advantage over all competitors so as to have lower costs than all of them. Strategies for staying ahead. Photo by Andrew Nguyen.

Competitive Advantage 8

Competitive Advantage Porter Henderson Price 8

Harvard Business Review

NOVEMBER 18, 2011

And it's not a short-term problem, either. With such imprecision in the marketplace, companies must take it upon themselves to identify long term risks, quantifying the true value of water in order to steer clear of long-term hazards. Much of the leading work in understanding water risk has come from Coca-Cola.

Supply Chain 15

Supply Chain Long-term Short-term Porter 15

Harvard Business Review

JANUARY 13, 2014

And short-term numbers at that. Thought leaders like Christensen, Roger Martin , Michael Porter , and Steve Denning have all argued that shareholder value has been exposed as a flawed paradigm. In the end, your shareholders, the real ones—the ones who care about long-term performance — will thank you for it.

Levitt 12

Levitt Christensen Competitive Advantage Welch 12

Harvard Business Review

DECEMBER 15, 2017

They believe it’s part of building employee-centric, sustainable policies that support their firms’ long-term fiscal health. Bryan Bennett also emphasized the benefits of family-friendly policies to his talent strategy. The firm is now in its second year, with a team of 13, and zero attrition by new parents.

Porter 8

Porter Policies Attrition Competitive Advantage 8

Harvard Business Review

JULY 22, 2015

As Michael Porter argued a long time ago , the simplest measure of competition is profitability. Another is that short-term oriented companies are so desperate for margins that they’re hollowing out their operations or eating their R&D seed-corn. The macro numbers tell a very different story.

Sull 8

Sull Competitive Advantage Porter Industry 8

Harvard Business Review

JANUARY 29, 2014

MIT’s Zeynep Ton says a higher minimum wage could help employers , provided they know how to structure their business around a “good jobs” strategy. Hiring Veterans and the Long-Term Unemployed. Obama said he plans to partner with CEOs to encourage the hiring of the long-term unemployed.

Insourcing 8

Insourcing Health Care Proposal Meyer 8

Harvard Business Review

APRIL 17, 2013

There is a clamor of voices demanding the rebooting of capitalism, from academics (such as Michael Porter) and politicians (like Al Gore) to investors (such as CalPERS) and Occupy''s street activists. Investors, meanwhile, compensate for the lack of knowledge about issues central to longer term value by pricing in a risk premium.

Report 8

Report Short-term Press Release Compliance 8

Harvard Business Review

JULY 1, 2014

A long-term view towards driving down costs from electric vehicle parts suppliers, spurring the development of more widespread EV infrastructure, and thereby making EVs more appealing and affordable – all of which would ultimately benefit Tesla. Their position within the industry defines their business strategy.

Automotive 9

Automotive Industry Disruptive Innovation Open-book 9

First Friday Book Synopsis

FEBRUARY 20, 2012

A key value driver (KVD) is any variable that drives value for shareholders. But few firms can identify their KVDs and thus use them for forecasting and improvement. Identifying your KVDs requires a deep understanding of your business and much trial and error. Often, value drivers are combinations of variables.

Short-term 80

Short-term Long-term Porter How To 80

Harvard Business Review

MAY 25, 2011

In the wake of any natural disaster, including the catastrophic March 11 earthquake and tsunami in Japan , urgent response eventually gives way to long-term recovery. It's an approach we call creating shared value ( my coauthor Mark Kramer and FSG cofounder Michael Porter wrote about this in Harvard Business Review ).

Porter 13

Porter Core Competence Globalization Business Model 13

Harvard Business Review

MARCH 11, 2011

firm — founded in 1983 by several folks with Harvard Business School ties (among them famed professor Michael Porter ) — is known for strategy consulting, not PR work. Maybe it's that strategy consulting has hit something of a dead-end, as Walter Kiechel wrote last week. The Cambridge, Mass.,

PR 10

PR Public Relations Porter Hedge 10

Harvard Business Review

MAY 13, 2011

But we know that such views can be too short-term. 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 ). This is something that has long been puzzling to economists.

Price 15

Price Porter Early Adopters Long-term 15

Harvard Business Review

OCTOBER 21, 2016

Yet executives are often reluctant to place sustainability core to their company’s business strategy in the mistaken belief that the costs outweigh the benefits. Managing risks therefore requires making investment decisions today for longer-term capacity building and developing adaptive strategies.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

MAY 27, 2015

Americans have long believed in the importance of entrepreneurs to the health of our economy. But these economic development strategies focused on big businesses, sometimes known as “elephant hunting,” may overstate the importance of large firms. We see ourselves as risk-takers and innovators.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Strategy Driven

AUGUST 5, 2011

The second looked through the analogies and focused upon business strategies and methodologies. The Business Tree : Growth Strategies and Tactics for Surviving and Thriving. ‘Long Day, Short Night’ by The Shirelles, Dionne Warwick and Dawn Penn. ‘Don’t Make Me Over’ – Branding is NOT strategy. .

Learning-by-Doing 63

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

Harvard Business Review

OCTOBER 15, 2014

But Tirole’s 1980s work on industrial organization also found its way into thinking about business strategy. Porter then used the tools of microeconomics to craft advice for executives on how to get and hold on to that power. His 1988 book The Theory of Industrial Organization became the standard graduate textbook on the topic.

Strategy 8

Strategy Rivkin Game Theory Porter 8

Harvard Business Review

AUGUST 23, 2017

The idea that companies face enormous pressure to deliver short-term results at the expense of long-term health is widespread among executives. McKinsey has made its case empirically, finding evidence linking long-term management to superior financial performance. Porter said the U.S. So this view that U.S.

Short-term 8

Short-term Porter Long-term Kaplan 8

Harvard Business Review

JANUARY 28, 2015

First among these were BCG executives Philip Evans and Thomas Wurster, writing some 18 years after Bell’s article in the seminal “Strategy and the New Economics of Information.” Then last year Michael Porter returned to apply the five forces framework to the next phase of the digital economy – the internet of things.

Porter 8

Porter Power Competitive Advantage Film 8

Harvard Business Review

JUNE 3, 2011

There's a great term in the psychology literature called the " planning fallacy." Borrow from the Agile software development movement and push for many rapid development cycles instead of a single long cycle. Lie #2: Product developer, "We'll be ready to ship in six months.". Lie #4: Senior executives, "We're open to anything!".

Innovation 15

Innovation Market Segmentation Porter Sharpe 15

Harvard Business Review

SEPTEMBER 17, 2015

Implementing a value-based strategy is on the mind of nearly every health care organization in the U.S. As Michael Porter and Thomas H. But some institutions are succeeding, and we find that nearly every element of their value strategies builds on and is strengthened by one thing: the ability to measure outcomes.

Health Care 8

Health Care Fraser Price Compliance 8

Harvard Business Review

APRIL 4, 2013

So when Harvard Business School Professor Michael Porter invited HBR last month to attend a class where Kagame was the guest speaker, and talk to him and Kagame afterwards, I was curious but also a little worried about being enlisted as a Kagame salesman. To Porter] How did you hook up with this guy? How did this partnership evolve?

Porter 10

Porter Tourism Politics Long-term 10

Harvard Business Review

NOVEMBER 20, 2012

Michael Porter, the godfather of business strategy, has gotten a lot of attention lately for trying to apply his model of competitive dynamics to the current plight of the United States — high unemployment, crushing healthcare costs, crumbling infrastructure, and widespread indebtedness. It is too little, too late.

Porter 15

Porter Globalization Supply Chain Politics 15

Harvard Business Review

MAY 3, 2018

Sponsored by Accenture Strategy. These employees are well paid in terms of both salary and stock options and are much more likely to jump to another digital giant or a nearby startup than to a company outside the region. But China has a long way to go to play this role. The role and strategy of the U.S. Insight Center.

Company 8

Company Venture Capitalist GDP Retail 8

Harvard Business Review

NOVEMBER 4, 2016

The current wave of populism is related, in part, to the robust tendency to overestimate globalization levels that I have termed “globaloney.” The UK Treasury’s April 2016 report about the economic pain caused by Brexit, 200 pages long and generally well executed, is an example: It was dismissed as “gobbledygook.”

Globalization 8

Globalization Education Policies Survey 8