Harvard Business Review

OCTOBER 14, 2013

As we move forward we need to be mindful of two principles that must be at the heart of any fundamental health care reform: “no margin, no mission” and “if you can’t measure it, you can’t manage it.” Project team members with finance expertise contribute by supplying the cost rate for each person and equipment involved in the care processes.

Health Care 8

Health Care Kaplan Porter Cost 8

Harvard Business Review

MARCH 2, 2012

And I needed the kind of advice that only a manager can give. In fact, as Kaplan and Michael Porter describe in a recent HBR article, "To put it bluntly, there is an almost complete lack of understanding of how much it costs to deliver patient care, much less how those costs compare with the outcomes achieved." Thank heavens.)

Kaplan 22

Kaplan Health Care Insurance Porter 22

Harvard Business Review

OCTOBER 15, 2014

The academic study of strategy took a big leap forward in the 1970s when Michael Porter of HBS looked at earlier economic research on industry structure and noticed that market power — which economists wanted to minimize — was the same thing as sustained profitability, which corporate executives wanted to maximize. Corporate finance?

Strategy 8

Strategy Rivkin Game Theory Porter 8

Harvard Business Review

JANUARY 13, 2014

Worshipping at what Christensen calls the “church of finance” hollows out a company’s competitive advantage, as it loses the capacity to invest in innovation that drives the perpetual reinvention so necessary in today’s world of temporary competitive advantage. And short-term numbers at that. Embrace your organization’s humanity.

Levitt 12

Levitt Christensen Competitive Advantage Welch 12

Harvard Business Review

FEBRUARY 2, 2012

An example was a discussion session of tired-looking European finance ministers, defensive and elusive about the speed of acting on the Euro crisis. I heard it in a session led by Professor Michael Porter and Dean Nitin Nohria of the Harvard Business School who were sharing a research project on declining American Competitiveness.

Competitive Advantage 15

Competitive Advantage Porter Goleman Emotional Intelligence 15

Harvard Business Review

MARCH 29, 2018

A second, more radical solution is to create budgets and authority for a service line or integrated practice unit (IPU) that manages a patient’s entire treatment for a high-volume medical condition. The IPU is an essential component of the value-based care model advocated by Harvard Business School’s Michael Porter.

Budgeting 8

Budgeting System Innovation Payback Period 8

Harvard Business Review

OCTOBER 22, 2015

The HBS team has been using Time-Driven Activity-Based Costing (TDABC), an approach initially proposed by one of us (Bob Kaplan) and Michael Porter, to help providers pursue the value-based delivery of care. One of the team’s central findings is that TDABC cannot be delegated to the finance function.

Mayo 8

Mayo Health Care Committee Project 8

Harvard Business Review

JUNE 7, 2011

From the start we asked: What are the complexities of financing these homes? And David Smith's entry on the financial challenge shows that flexibility can be born out of financing options as well. How do you get energy and infrastructure into such dwellings? How do you get corporations to invest in a significant way? Triple the U.S.

Suri 15

Suri Godin Real Estate Construction 15

Harvard Business Review

OCTOBER 9, 2015

“The proper goal for any health care delivery system is to improve the value delivered to patients … To properly manage value, both outcomes and cost must be measured at the patient level,” Harvard’s Robert Kaplan and Michael Porter tell us. But, why do we only define patient value by outcomes and cost?

Health Care 8

Health Care Cost Kaplan Porter 8

Harvard Business Review

APRIL 30, 2015

These businesses are often focused on growth, domestically or through exports, and operate with a higher level of management sophistication than Main Street firms. For example, a “mom and pop” Main Street shop has different financing needs than a high‐tech startup. from offshore.

Supply Chain 8

Supply Chain Rivkin Venture Capitalist Policies 8

Harvard Business Review

MARCH 7, 2012

These concerns can be heard in many places: the sobering survey by Michael Porter and Jan Rivkin in HBR's special March issue on U.S. Foreign expansion can fuel employment growth at home in areas like manufacturing, logistics, R&D, design, marketing, finance, and management. multinationals by the McKinsey Global Institute.

Globalization 11

Globalization Rivkin Supply Chain Trends 11

Harvard Business Review

JANUARY 24, 2017

Through a coordinated, systemic, prolonged intervention with dozens of institutions and thousands of individual participants, new growth of the local companies we trained has directly created over 1033 jobs, fueled by dozens of new private sector financings. strategic hires). day, scale-focused workshops and related activities.

Entrepreneur 8

Entrepreneur Mentor Banking Self-aware 8

Harvard Business Review

SEPTEMBER 21, 2015

But these trends also had more negative consequences, as Jan Rivkin and Michael Porter have argued in their work as co-chairs of Harvard Business School’s U.S. The ensuing waves of globalization and technological progress brought great benefits to American firms and consumers. Competitiveness Project.

Resources 8

Resources Company Rivkin Short-term 8