Harvard Business Review

DECEMBER 15, 2011

There is one incredibly quiet dog in Collins' work: strategy. But good strategy makes the link between the specific actions managers take and the financial results of those actions. And that's where Michael Porter enters the picture. Strategy is not some arcane, academic abstraction. Continuity is strategy's fifth test.

Porter 15

Porter Collins Competitive Advantage Strategy 15

Harvard Business Review

FEBRUARY 29, 2012

Imagine that you wanted a new home theater system. 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. Now, let's go back to that imagined home entertainment system.

Porter 17

Porter Mass Marketing Supply Chain Retail 17

Six Disciplines

APRIL 27, 2011

“Six Disciplines differs in that respect – it’s all about teaching a system of getting done the things that we all know need to be done.” “Full of incredibly useful tools and charts -- all about how small businesses execute strategy.” ” (Robert Morris, Top 10 Reviewer for Amazon.com).

CTO 101

CTO Books Balanced Scorecard Norton 101

CO2

JANUARY 2, 2011

Strategy : In this chapter they look at the business model environment: context, design drivers, and constraints. It seems that they are adapting their work from Micheal Porters 5 forces. Then delving into questions like, how should your business model evolve in light of a changing environment? This final chapter puts it all together.

Business Model 141

Business Model Executive Coaching Execution Blog 141

Harvard Business Review

JANUARY 29, 2013

What I am pretty sure about is that the how of Apple's fall (or continued rise) will hinge on strategy — because strategy has driven its success. Because strategy is all about making choices. That's what Michael Porter says , and tough-choice-making has clearly been a big part of Apple's success. How do I know that?

Strategy 9

Strategy Porter Christensen Mauborgne 9

Harvard Business Review

MARCH 2, 2011

Among my questions to them: How are you thinking about strategy these days? Some tentative conclusions: There is not much of a market for stand-alone strategy studies any more. Strategy has triumphed, the installed base is huge, no self-respecting company would be without one. This poses a dilemma for consulting firms.

Consultative 15

Consultative Strategy McKinsey Porter 15

Harvard Business Review

MAY 21, 2015

Health care organizations need to re-think their concept of strategy to thrive in a marketplace driven by competition on value – how well they improve patient outcomes and reduce costs. And the University of Utah Health system has pioneered publication of data on patients’ experience, including virtually all patient comments.

Health Care 8

Health Care Marketing Strategy Porter 8

Harvard Business Review

MARCH 26, 2012

To understand my point, let's think about how big companies have developed scale advantages through information systems. Consider Porter's value chain. Despite this modularization, managers still relied on one support system to unify a set of seemingly smaller value chains; information. So what's the solution?

Porter 12

Porter Competitive Advantage Safe Harbor Efficiency 12

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

First Friday Book Synopsis

FEBRUARY 24, 2012

He worked as a systems engineer at the Jet Propulsion Laboratories and served on the faculty of the Harvard Business School. Rumelt received his doctorate from the Harvard Business School in 1972, having previously earned a Master of Science degree in Electrical Engineering from UC Berkeley. He joined the UCLA faculty in 1976.

Engineering 75

Engineering Long-term System Teece 75

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

JANUARY 26, 2011

When Netscape Navigator imagined the disruption of Microsoft Windows, it forgot that its web browser was an add-on on the operating system. A great asset in warfare is possession of SWATS (Superior Weapons and Tactics Systems). The business strategy of competing with scale mirrors what military generals do in combat.

Porter 14

Porter Banking Globalization Information Technology 14

Harvard Business Review

MAY 13, 2014

I spoke with contributor Don Sull , who teaches strategy at MIT and the London Business School, about the tension between scholars who put sustainable competitive advantage at the center of strategy and those who argue that some industries are changing too quickly to allow for sustained performance. Start with Michael Porter.

Sull 10

Sull Competitive Advantage Porter Innovation 10

Harvard Business Review

OCTOBER 13, 2015

health care system in ways big and small that would either build on or radically revamp the Affordable Care Act (ACA). 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.

Health Care 8

Health Care Insurance Price Cost 8

Harvard Business Review

MARCH 8, 2016

politics is not merely the inevitable result of our free-market system; it is also a consequence of the choices our business leaders make. Creating shared value is a corporate strategy that delivers social benefits in order to increase profits and gain competitive advantage. Nor are they entirely innocent. None of this is charity.

Politics 8

Politics Short-term Long-term Porter 8

Harvard Business Review

JANUARY 7, 2013

Porter and Mark R. Some may not have attractive social or environmental strategies; some may have misalignment between those strategies and the overall corporate strategy; and some may have incomplete measures of social or environmental practices. See, for example, " Creating Shared Value ," by Michael E.

Company 11

Company Long-term Porter CEO 11

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

APRIL 4, 2014

Medical science has enabled our health care system to deliver outcomes that would have been impossible a generation ago, and advances in fields such as genomics and stem-cell therapy offer immense promise to further accelerate medical innovation. We must strive to move beyond our own experiences. Get authentic patient voices in the room.

Health Care 8

Health Care Policies Porter System 8

Harvard Business Review

NOVEMBER 16, 2011

This approach is nowhere near enough to tackle the pressing problems we all face — water scarcity, low quality education systems, an aging population in some parts of the world, a rapidly growing one in others, and so on. Indeed, I see some of our most vexing societal problems as opportunities for the private sector.

Porter 14

Porter Supply Chain Energy Competitive Advantage 14

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. Innovation Leadership Strategy' Welch himself said in 2009 that optimizing a business for shareholder returns is the “dumbest idea in the world.”.

Levitt 12

Levitt Christensen Competitive Advantage Welch 12

Harvard Business Review

JULY 22, 2015

As Michael Porter argued a long time ago , the simplest measure of competition is profitability. The other is the more static, ongoing rivalry that Porter focused on, which seems to have declined since he wrote Competitive Strategy , and which describes most industries. The macro numbers tell a very different story.

Sull 8

Sull Competitive Advantage Porter Industry 8

Harvard Business Review

AUGUST 18, 2014

Yet although the lay observer can understand the reasons for these corporate break-ups, the frameworks and ideas that underpin strategy theory are actually pretty unhelpful when considering whether or not to initiate a break-up. So maybe there is a better theory of strategy? Strategy'

RBV 10

RBV Competitive Advantage Resources Media 10

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. The system has lost sight of the point of reporting: to give companies access to financial capital by communicating their value to investors.

Report 8

Report Short-term Press Release Compliance 8

Harvard Business Review

JULY 1, 2014

A strategy of enticing other automakers to adopt Tesla’s standards in order for Tesla to become the supplier of choice for other automakers when it comes to batteries and specialty parts for EVs. A hope for patent reform – using Tesla’s visibility as a way of provoking a better conversation that might ultimately change the system.

Automotive 9

Automotive Industry Disruptive Innovation Open-book 9

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. ” These organizations are accepting the fact that the volume-driven system is in its dying days, and that the future will demand that they deliver demonstrably better value: improved outcomes, lower costs, or both.

Health Care 8

Health Care Fraser Price Compliance 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. On the latter topic, check out Michael Porter and Thomas Lee, who lay out a strategy for improving the health care industry. Immigration.

Insourcing 8

Insourcing Health Care Proposal Meyer 8

Harvard Business Review

JANUARY 12, 2012

If you are at all familiar with Michael Porter's work , think about this as an industry developing its value chain. Over the course of the 30's, a huge population of Americans gained access to the automobile — a technology that made the corner stores' system of last mile distribution nearly obsolete. Think about this.

Technology 15

Technology Retail Supply Chain Business Model 15

Harvard Business Review

DECEMBER 15, 2015

For the energy industry, obviously, the discussion has been around a cap and trade system—or, more generally, a regulatory system that creates incentives for companies to emit less carbon dioxide. If I felt that we needed to reorganize our whole economic system, then no, I would not be optimistic. What’s your guess?

Price 8

Price Constraint Resources 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. Once you begin to compare one model with another, you’re entering the realms of strategy, with which business models are often confused.

Business Model 8

Business Model Drucker Christensen P&L 8

Harvard Business Review

DECEMBER 29, 2011

Our most-watched video was " Rethinking Capitalism " with Harvard Business School professor Michael Porter. We sat down with Gartner's Anthony Bradley, author of The Social Organization , and HBS's Misiek Piskorski, author of " Social Strategies that Work ," to talk about the future of this fast-growing phenomenon. Audio podcast.

Video 15

Video Porter Charisma Customer Loyalty 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 13, 2011

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 ). For one, it explains why concert venues don't price so high that scalping markets are killed off.

Price 14

Price Porter Early Adopters Long-term 14

Harvard Business Review

MAY 1, 2015

” The men thought that these customers, on arrival, really did not need a porter to pick up their luggage and carry it to their room – after all, they had likely just brought it all the way from the airport on their own. Strategies for staying ahead. As they put it, “a mix of explorer, professional, and shopper.”

Industry 8

Industry Hotels Travel Airlines 8

Harvard Business Review

AUGUST 23, 2017

You can go back 25 years and hear the same argument from Michael Porter. Porter said the U.S. system of allocating investment capital is failing, putting American companies at a serious disadvantage. Amazon’s strategy, however, was pretty clear, and Amazon has been rewarded with very high valuations over time.

Short-term 8

Short-term Porter Long-term Kaplan 8

Harvard Business Review

JUNE 23, 2017

Insurance is therefore a natural shared value industry — one that can employ the idea proposed by Harvard Business School professor Michael Porter and Mark Kramer of FSG in 2011. Insurers that incorporate society’s needs into their strategies, building on existing and new capabilities, are finding lasting competitive advantage.

Insurance 10

Insurance Company Competitive Advantage Porter 10

Harvard Business Review

MAY 3, 2018

Sponsored by Accenture Strategy. AnnaLee Saxenian, Michael Porter, and others have identified a mix of raw ingredients — such as great schools, venture capitalists, strong talent pools, job mobility, and a motive — that encourage entrepreneurs to come together and take risks. The role and strategy of the U.S.

Company 8

Company Venture Capitalist GDP Retail 8

Harvard Business Review

NOVEMBER 4, 2016

Cross-country evidence shows that higher education levels in a country cause levels of nationalism and suspicion of outsiders to decrease; one study found this to be true in 10 countries with quite different educational systems. Nonmarket Strategy. The private sector has a huge role to play in alleviating anger about globalization.

Globalization 8

Globalization Education Policies Survey 8