Harvard Business Review

DECEMBER 15, 2011

And that's where Michael Porter enters the picture. Porter's work provides that rigor, as it defines the economic fundamentals of competition and strategy. Porter's work provides that rigor, as it defines the economic fundamentals of competition and strategy. The essence of strategy, says Porter, is choosing what not to do.

Porter 15

Porter Collins Competitive Advantage Strategy 15

Harvard Business Review

FEBRUARY 29, 2012

While social media doesn't shift Porter's model , the social era surely does. Most existing big organizations — the 800-pound gorillas — subscribe to Michael Porter's value chain framework. There is no question that Porter's work has helped shape (some would say, "invent") modern-day strategy. Big Isn't Enough.

Porter 17

Porter Mass Marketing Supply Chain Retail 17

The Practical Leader

MARCH 29, 2023

A similar study by The Economist Intelligence Unit of 343 business found “the firms that ‘slowed down to speed up’ improved their top and bottom lines, averaging 40% higher sales and 52% higher operating profits over a three-year period.”

Kaplan 52

Kaplan Porter Absenteeism Participative 52

CO2

JANUARY 2, 2011

It seems that they are adapting their work from Micheal Porters 5 forces. Gary Cohen grew the company from two people to 2,200 employees Currently, he is Managing Partner of CO2 Partners, LCC, operating as an executive coach and consultant.

Business Model 141

Business Model Executive Coaching Execution Blog 141

Harvard Business Review

JUNE 19, 2017

Of course, Netflix is no mom-and-pop operation. Michael Porter would approve. ” In Porter’s view, sustainable competitive advantage depends on trade-offs, including the fact that it’s difficult for one company to serve all customers across a wide range of needs. It’s hard to say.

Porter 10

Porter Company Retail Competitive Advantage 10

Chartered Management Institute

NOVEMBER 15, 2023

Digital event: Deep Dive into the Energy Sector In case you missed it, the CMI APAC Regional Boards recently delivered a Deep Dive into the Energy Sector Digital Event.

Webinar 98

Webinar Education Conference Industry 98

Harvard Business Review

MARCH 6, 2012

Porter and Jan W. Rivkin, how to better enable companies operating in the U.S. "to Competitiveness project spearheaded by Porter and Rivkin, and by experts we've invited to participate in the HBR Insight Center on American Competitiveness. economy more competitive — that is, in the words of Michael E.

Rivkin 8

Rivkin Porter Participative Globalization 8

Harvard Business Review

NOVEMBER 3, 2016

In every aspect of business, we are operating with mental models that have grown outdated or obsolete, from strategy to marketing to organization to leadership. In strategy, an entire generation grew up with Michael Porter’s five forces. The Porter model of strategy isn’t obsolete. Martin Reeves and Georg Wittenburg.

Porter 8

Porter Competitive Advantage Senge Network Economy 8

Harvard Business Review

MARCH 26, 2012

Consider Porter's value chain. Where only the largest organizations could operate 24-hour call centers, today, even small organizations have access to companies like Global Response. I disagreed with her suggestion that Porter's concept was no longer relevant in what she's dubbed the social era.

Porter 12

Porter Competitive Advantage Safe Harbor Efficiency 12

Harvard Business Review

APRIL 7, 2015

Having managed or worked with clinical leaders in care-delivery organizations, the pharmaceutical industry, and government, I have observed three skills that are critical to the success of doctors and nurses as they make the transition to management: Operations management and execution. Health care will be markedly better for it.

Execution 8

Execution Skills Health Care Porter 8

Harvard Business Review

MARCH 29, 2018

operating rooms, recovery floors, emergency department), and ancillary departments (e.g., Consider, for example, a surgical patient who starts in the pre-operative area, then moves to the operating room, the post-anesthesia care unit, and the inpatient floor, with occasional side trips for imaging, testing, and physical therapy.

Budgeting 8

Budgeting System Innovation Payback Period 8

Harvard Business Review

MAY 25, 2011

They can examine the company's core operations to discover ways to help make a difference while continuing to make a profit. 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 ). But business leaders shouldn't stop with their foundations.

Porter 13

Porter Core Competence Globalization Business Model 13

Harvard Business Review

APRIL 17, 2014

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. They modeled their operations on McDonalds: high volume, highly efficient operations, based on division of labor and cost efficiency.

Management 11

Management Learning Curve Short-term Long-term 11

Harvard Business Review

OCTOBER 14, 2013

The results are often surprising; for example in the pilot project described in Kaplan’s and Porter’s 2011 HBR article , one finding was that most providers’ existing cost systems underestimate the cost of new patient evaluation services by 15% to 20%. Health Operations' Kaplan and Michael E.

Health Care 8

Health Care Kaplan Porter Cost 8

Harvard Business Review

NOVEMBER 16, 2011

Creating shared value , a paradigm for how companies engage with society pioneered by Michael Porter and FSG, captures this trampoline mentality very well. When corporations create shared value they increase their profits and create greater social impact, resulting in powerful transformations and innovations in both business and society.

Porter 14

Porter Supply Chain Energy Competitive Advantage 14

Harvard Business Review

FEBRUARY 27, 2012

Michael Porter has done us all a service in identifying that the wealth of modern economies comes from the productivity, innovation and high wages found in their clustered industries — those industries that are found only in certain geographic areas and trade most of their output outside their home areas, both nationally and internationally.

Creativity 15

Creativity Porter Industry Pharmaceuticals 15

Harvard Business Review

AUGUST 11, 2014

Michael Porter, the strategy expert, believes that the HBS approach is the right one. The company simply straddled the two channels, without creating any operating linkages across them. This misguided debate over MOOCs can be seen in the contrasting approaches of HBS and Wharton. They say yes; I say no..

Christensen 15

Christensen Education Discount Class 15

Harvard Business Review

JANUARY 26, 2011

In Operation Desert Storm , more than 100,000 Iraqi troops crossed into Kuwait, fixed themselves into strategic positions — in front lines — to combat U.S. When Netscape Navigator imagined the disruption of Microsoft Windows, it forgot that its web browser was an add-on on the operating system.

Porter 14

Porter Banking Globalization Information Technology 14

Harvard Business Review

FEBRUARY 24, 2011

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.

Innovation 15

Innovation Succession Porter Venture Capitalist 15

Harvard Business Review

APRIL 23, 2015

Porter had it figured out in the mid-1980s. To do that, you need to come up with some clever offer that entices customers to pay higher prices or some operational innovation that lowers costs, or find a new market where there aren’t many competitors.

Strategy 8

Strategy Porter Price Cost of Capital 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

NOVEMBER 2, 2017

At Nestlé, Peter Brabeck-Letmathe introduced Creating Shared Value (CSV) as the operationalization model for fulfilling Nestlé’s Corporate Social Responsibility commitments. ” Aim for the golden mean.

Strategy 13

Strategy Company How To Supply Chain 13

Harvard Business Review

MARCH 8, 2016

Professor Michael Porter of Harvard Business School and I have argued that companies have an opportunity and obligation to create shared value by pursuing profits and competitive advantage in ways that strengthen the communities where they operate. Nor does political rebellion serve companies or their shareholders well.

Politics 8

Politics Short-term Long-term Porter 8

Harvard Business Review

MARCH 8, 2013

Gurus Michael Porter and Mark Kramer have tried to reframe the role of CSR by putting forth the concept of Creating Shared Value (CSV) as an alternate model, with "innovation and growth" as one of three primary value propositions. Can you drive both new opportunities and new behavior within your organization while achieving social impact?

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

JUNE 30, 2011

Michael Porter and Mark Kramer, writing in HBR ( December, 2006 and January-February, 2011 ), advance the idea of creating shared value by developing strategies and policies that enhance the competitiveness of the company while advancing social and economic conditions of the community.

Brand 14

Brand Porter Objective Short-term 14

Harvard Business Review

NOVEMBER 18, 2011

While this reality poses grave risks to thousands of communities, it is also the driver of a daunting, and often confusing, economic dilemma which businesses must prepare for.It's time for companies operating in the many dry regions around the world to equip themselves with the tools and mindset they need to navigate this new normal.

Supply Chain 15

Supply Chain Long-term Short-term Porter 15

Harvard Business Review

OCTOBER 20, 2014

And this addresses the commercial value creation question – P&G’s mindset was to create operational efficiencies that would contribute to healthy EBITDA margins. The process also includes a determination of how much of the activities are classified as capital expenditures versus ongoing operating expenses. Sound familiar?

Discounted Cash Flow 8

Discounted Cash Flow P&L NPV EBITDA 8

Harvard Business Review

MARCH 9, 2011

Meanwhile, Michael Porter wonders if we have missed out on what's good about sustainability , and suggests a new approach. The "invisible hand" operated as kind of god-like machine that sorted everything out for us, excusing human beings for our more nefarious, selfish inclinations.

Porter 14

Porter Emotional Intelligence Rogers Resources 14

Harvard Business Review

APRIL 2, 2018

Nearly every major company today operates a broad set of social and environmental activities that parallel its commercial value chain. Employees at every level can see and take pride in the way their company’s new products, strategies, and operational choices advance a clear social purpose. Nike is about fitness.

Company 10

Company Supply Chain Competitive Advantage Audience 10

Harvard Business Review

FEBRUARY 14, 2012

Facebook, KickStarter, Kiva, Twitter, and other companies thriving in the social era are operating by the rules of the Social Era. Most organizations operating today started when companies needed more operating capital. Many organizations still operate by Porter's Value Chain model , where Z follows Y, which follows X.

Banking 16

Banking Business Model Supply Chain Mass Marketing 16

Harvard Business Review

JUNE 19, 2014

Today, Alibaba looks more like a conglomerate than a typical tech company, with a diverse set of businesses operating largely independently. That choice cuts to the heart of Alibaba, according to Porter Erisman, who served as a vice president at the company from 2000 to 2008, and whose documentary on his time there debuted in 2012.

Porter 8

Porter Decentralization Film Project 8

Harvard Business Review

JANUARY 13, 2014

Thought leaders like Christensen, Roger Martin , Michael Porter , and Steve Denning have all argued that shareholder value has been exposed as a flawed paradigm. As it notes, “When we operate according to these principles, the stockholders should realize a fair return.”.

Levitt 11

Levitt Christensen Competitive Advantage Welch 11

Harvard Business Review

MARCH 7, 2012

The evidence indicates that the United States is losing its ability to attract and expand the operations of multinationals and their significant contributions to productivity growth, innovation, and high-wage employment. shares of the global operations of U.S.-based private sector rose in the 1990s, but then fell in the 2000s.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

JANUARY 7, 2013

Many management thinkers argue that it is no longer enough to do well financially; companies also need to improve the well-being of (or at least not harm) the communities in which they operate, the environment, and their employees. Porter and Mark R. See, for example, " Creating Shared Value ," by Michael E. That's the good news.

Company 10

Company Long-term Porter CEO 10

Harvard Business Review

DECEMBER 2, 2013

Three lines of progress are crossing, and rapidly reshaping how businesses and nonprofits together strengthen the locales in which they operate. Child sponsorships have been operating since 1953, and all of them share the high-level objective of breaking the cycle of poverty. This is what is going on now in community development.

Trends 8

Trends Development Net Present Value NGO 8

Harvard Business Review

OCTOBER 31, 2012

In November 1996, Michael Porter published What Is Strategy? which argued that operational excellence alone is not strategy, and that the truly enduring companies create a unique customer experience. Today, I realize that at least two-thirds of the gems in my "Great Articles" file emanate from HBR.

Goleman 8

Goleman Emotional Intelligence Porter Covey 8

Harvard Business Review

NOVEMBER 13, 2012

During difficult economic times, organizations often seek ideas on how to cut costs or perform operations more efficiently. Hamel and Prahalad combined the old resource view with an emphasis on differentiation, made popular in the 1980s by Michael Porter. Understand the "P-Cycle."

Prahalad 15

Prahalad Hamel Core Competence Leadership 15