Harvard Business Review

MARCH 29, 2018

We have identified how hospitals’ budgeting systems have erected three distinct barriers to the adoption of technology. These barriers, however, can be overcome by changing how hospitals acquire new technology and by providing incentives to units to use digital innovations to provide more effective and efficient care.

Budgeting 8

Budgeting System Innovation Payback Period 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. Audi helped spearhead a technology solution to this problem, which will enable excess renewable energy to be captured, stored, and used in its production processes.

Porter 14

Porter Supply Chain Energy Competitive Advantage 14

Harvard Business Review

JANUARY 17, 2017

From 697 to 1797 AD, Venice’s technological acumen, geographic position, and unconventionality were interlocking advantages that allowed the Most Serene Republic to flourish. Moreover, its Arsenal was no longer at the cutting edge of naval technology. This age of exploration triggered the beginning of Venice’s decline.

Innovation 8

Innovation Strategic Fit Competitive Advantage Porter 8

Harvard Business Review

MAY 15, 2014

That same year, in an article entitled “Computer Graphics for Decision Making,” IBM engineer Irvin Miller introduced HBR’s readers to a potent new computing technology that was part of the 360 — the interactive graphical display terminal. Intuition-support is, in fact, the point for Miller.

Porter 9

Porter Price Technology Constraint 9

Harvard Business Review

JANUARY 26, 2011

In early 1990s, most new African banks used information technology as a SWATS tool to break the monopolies established during the colonial era. Eventually, some incumbents adapted and invested in technology as well. It is a conquest of market or market sector region, product by product, demographics or economic class.

Porter 14

Porter Banking Globalization Information Technology 14

Harvard Business Review

OCTOBER 20, 2014

In the 1990s, Procter & Gamble’s Product Supply Organization kicked off a major Reliability Engineering program, much like the efficiency initiatives of companies such as Toyota. More impressively, by linking all the machines together, they were able to predict — and subsequently improve — overall process reliability and product quality.

Discounted Cash Flow 8

Discounted Cash Flow P&L NPV EBITDA 8

Harvard Business Review

FEBRUARY 24, 2011

At the same time, the federal and state governments understand that their budgets can't muster all the ideas, products and services that are needed to solve the problems facing us. This cover story, by Michael Porter, suggests that companies and government need to get outside an outdated approach to value creation. trillion by 2020.

Innovation 15

Innovation Succession Porter Venture Capitalist 15

Harvard Business Review

JULY 22, 2015

As Michael Porter argued a long time ago , the simplest measure of competition is profitability. Puzzling anecdotes abound: Microsoft has missed out on a series of new products in the past decade, yet as Don Sull points out , it continues to be highly profitable. The macro numbers tell a very different story.

Sull 8

Sull Competitive Advantage Porter Industry 8

Harvard Business Review

AUGUST 5, 2015

The heart-wrenching scene reminded me of the terrible challenges that today’s job-seekers face thanks to the advance of technologies that make human labor obsolete. With the highest median wage among newly industrialized Asian nations, the city-state also ranks first globally in worker productivity and attitude.

GDP 8

GDP Porter Education Globalization 8

Harvard Business Review

NOVEMBER 2, 2017

Seeking to extend its technological edge (particularly in miniaturization), it acquired more than 100 startup companies while pursuing a vast portfolio of research and product development projects. In 2006 alone, Nokia introduced 39 new mobile-device models. In retrospect, it seems inevitable.

Strategy 13

Strategy Company How To Supply Chain 13

Harvard Business Review

DECEMBER 24, 2013

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.

Management 19

Management Health Care Middle Management Agility 19

Harvard Business Review

MAY 25, 2011

But because aid workers lacked reliable information and channels to communicate, their activities were disjointed and sometimes counter-productive. 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 12

Porter Core Competence Globalization Business Model 12

Harvard Business Review

JANUARY 30, 2015

It was hailed as the greatest product since the iPod … the wheel … the car. Google Glass’s failure was a story of a visionary product utterly failing to be cool. As Apple, Warby Parker, Net a Porter, and Shinola all know: Cool is perhaps the crucial factor in the success of new products.

Fashion 8

Fashion Advertorial Porter Engineering 8

Harvard Business Review

JANUARY 7, 2013

Porter and Mark R. At Adidas, CEO Herbert Hainer oversaw the implementation of a triple-bottom-line philosophy, a massive push to slash the company's carbon footprint, and the increased use of recycled polyester as well as sustainably farmed cotton in products. See, for example, " Creating Shared Value ," by Michael E.

Company 10

Company Long-term Porter CEO 10

Harvard Business Review

JUNE 16, 2015

It has become an axiom that “strategy is about making hard choices,” as we have been advised for over 20 years by leading thinkers including Michael Porter and Roger Martin. On the Sephora Beauty Board, community members can upload photos of their favorite “looks” with the makeup products that made it possible.

Chief Operating Officer 8

Chief Operating Officer Apparel Marketing Porter 8

Harvard Business Review

APRIL 30, 2015

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.

Supply Chain 8

Supply Chain Rivkin Venture Capitalist Policies 8

Harvard Business Review

JULY 27, 2016

I first started working for Apple on the PR agency side at Porter Novelli in Sydney, Australia in 1997. Steve Jobs had just returned to the company and the product line was a shamble of computers with confusing names, printers, scanners, and a curious, yet ill-conceived PDA called the Newton. Wesson Wang. Value reporters time.

PR 8

PR Press Release Report Porter 8

Harvard Business Review

MARCH 2, 2011

co-founded by Michael Porter back in the early 1980s, has seen better days. Typically such purchasers are emerging from some sort of major corporate unpleasantness — a near bankruptcy, say, or having missed out, Nokia-like, on a ground-shaking technological shift. Monitor & Co., Of course not," he replied.

Consultative 15

Consultative Strategy McKinsey Porter 15

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. The gains in manufacturing productivity at both multinationals and other U.S. economy, these trends are alarming.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

JULY 1, 2014

In a June 12 th blog post that made instant waves, Elon Musk, founder and CEO of electric vehicle (EV) manufacturer Tesla Motors, declared: “Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.” Why would the leading company in EVs voluntarily open up its technology to competitors?

Automotive 9

Automotive Industry Disruptive Innovation Open-book 9

Harvard Business Review

FEBRUARY 20, 2013

The term "social media" was popularized by Chris Shipley in 2004 , as she described the impact of influencers and bloggers in shaping product adoption, more so than traditional media outlets. technologies could be used on organizations' intranet and extranets". Some people tie it to Michael Porter's Shared Value concept.

Media 9

Media Supply Chain Tools Porter 9

Harvard Business Review

JULY 28, 2011

J-Lo perfume, fast-fashion, oil — lots and lots of oil — and all the mass-made "product" lining the shelves of exurban big-box stores. They demanded nothing less than the latest technological wizardry, married to state of the art design, coupled with bleeding edge service. But that's no longer enough.

Schiller 18

Schiller Porter Fashion Cost 18

Harvard Business Review

NOVEMBER 13, 2012

Zeitgeist, German for "spirit of the time," is the complex interplay of economic, technological, political, and social forces that can determine which ideas will flop and which will fly in a particular moment. Hamel and Prahalad combined the old resource view with an emphasis on differentiation, made popular in the 1980s by Michael Porter.

Prahalad 15

Prahalad Hamel Core Competence Leadership 15

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. Disruptions in the supply chain may affect production processes that depend on unpriced natural capital assets such as biodiversity, groundwater, clean air, and climate.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

AUGUST 11, 2015

Leading technology companies are increasingly soliciting their users to take political action on their behalf to defend controversial business models from regulation, support new programs, and promote their moral values in active political battles. We’re being introduced to a new lever of corporate influence on democracy.

Politics 8

Politics Real Estate Morale Business Model 8

Harvard Business Review

AUGUST 19, 2015

There’s another that says all of us, including senior managers, are basically flotsam buffeted about by the eddies of economic incentive, corporate culture, and technologies that keep the office just a tap away. Predictable, required time off (like nights and weekends) actually made teams of consultants more productive.

Company 8

Company Stress Porter Long-term 8

Harvard Business Review

FEBRUARY 14, 2012

Many organizations still operate by Porter's Value Chain model , where Z follows Y, which follows X. How many companies have figured out how to shift from supply chain management to integrating customer feedback directly into their product design, distribution, and delivery? Conversations, not chains. Because that's the point.

Banking 15

Banking Business Model Supply Chain Mass Marketing 15

Harvard Business Review

OCTOBER 13, 2015

But, as Michael Porter and Robert Kaplan of Harvard Business School have argued , we need to examine costs at a more granular level at which clinical outcomes are matched with the business and administrative processes. These trends likely result in market-share gains for providers that deliver high quality at lower costs.

Health Care 8

Health Care Insurance Price Cost 8

Harvard Business Review

JANUARY 23, 2015

Drucker’s theory of the business was a set of assumptions about what a business will and won’t do, closer to Michael Porter’s definition of strategy. They are about technology and its dynamics, about a company’s strengths and weaknesses.” It was still not clear that the model made sense.”

Business Model 8

Business Model Drucker Christensen P&L 8

Harvard Business Review

JANUARY 23, 2013

In health care, for example, research indicates a decline in quality when non-profit hospitals switched to become profit making, as Eduardo Porter explained this month in the New York Times. Other objectives can but there is a price to be paid.

Porter 9

Porter Welch Health Care Marketing 9

Harvard Business Review

MAY 27, 2015

In an economy where traditional manufacturing jobs have gone offshore, and globalization and technology have put pressure on U.S. Clusters have gained credibility as a policy tool in the last decade since work by Mercedes Delgado, Michael Porter, and Scott Stern showed that strong clusters drove better economic performance.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

MAY 12, 2015

It was this received opinion Michael Porter was questioning when, in 1979, he mapped out four additional competitive forces in “ How Competitive Forces Shape Strategy.” In “ What Is Strategy ,” Porter argues against a bevy of alternate views, both old and then new, that were circulating in the intervening years.

Strategy 8

Strategy Porter Blue Ocean Strategy Luehrman 8

Harvard Business Review

MAY 9, 2018

Michael Porter’s 1979 HBR article on the five forces that shape strategy offered companies a framework for thinking through those positions, and his 1996 article “What Is Strategy? However, even in dynamic, technology-driven industries like social media, moats remain a powerful force.

Strategy 10

Strategy Competitive Advantage Porter Automotive 10

Harvard Business Review

JANUARY 29, 2013

That's what Michael Porter says , and tough-choice-making has clearly been a big part of Apple's success. To quote Porter: "Strategy renders choices about what not to do as important as choices about what to do." Of course, modern technology businesses have some other unique strategic characteristics.

Strategy 9

Strategy Porter Christensen Mauborgne 9

Harvard Business Review

JUNE 18, 2018

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.

Marketing 11

Marketing Porter Metrics Brand 11

Harvard Business Review

JANUARY 28, 2015

That wasn’t as magical as it might seem, he argued in the 1979 piece, since the required technologies already existed in some form or other. Then last year Michael Porter returned to apply the five forces framework to the next phase of the digital economy – the internet of things. It’s still worth a look now.

Porter 8

Porter Power Competitive Advantage Film 8

Harvard Business Review

JULY 24, 2014

Porter and Mark R. Porter and Kramer give a classic example of ecosystem-supporting philanthropy: a company contributes to help improve area schools, which would eventually improve the labor pool from which they hire staff. In The Competitive Advantage of Corporate Philanthropy , Michael E.

Porter 10

Porter Competitive Advantage Core Competence Crisis 10