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Why Porter's Model No Longer Works

Harvard Business Review

These two key functions — Marketing and Service — are regularly discussed as shaped by social era dynamics. It will help us decide what we make, how much we make, and how we finance that production. While social media doesn't shift Porter's model , the social era surely does.

Porter 17
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Michael Porter Tries to Set Davos Man on a New Path

Harvard Business Review

Well, if you're Michael Porter it isn't quite enough: I ran into him yesterday here at Davos and the first thing he said was something along the lines of, "You need more copies of HBR here." Kramer put it in their article , that "societal needs, not just economic needs, define markets.". Cause for celebration, no? Fair enough.

Porter 15
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Get Your Boss Out of Your Bedroom

Harvard Business Review

running according to free-market efficiencies! 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." Adam Smith 4eva!

Kaplan 22
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Is the Next Karl Marx a Management Consultant?

Harvard Business Review

The new ideology would not see markets as an end in themselves; instead, it would value global trade and investment to the extent that they contributed to a flourishing middle class, not just to greater aggregate national wealth. And in that he sounds a lot like Michael Porter, Dominic Barton, Rosabeth Moss Kanter, etc.

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Is Venture Capital Broken?

Harvard Business Review

Our research suggests that investors like us succumb time and again to narrative fallacies, a well-studied behavioral finance bias. Most of the funds in which Kauffman invested failed to beat public market indices, despite the higher-risk nature of their work. Many successful venture capitalists observe directional patterns.

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Is Venture Capital Broken?

Harvard Business Review

Our research suggests that investors like us succumb time and again to narrative fallacies, a well-studied behavioral finance bias. Most of the funds in which Kauffman invested failed to beat public market indices, despite the higher-risk nature of their work. Many successful venture capitalists observe directional patterns.

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Desperately Seeking Simplicity

Harvard Business Review

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.