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Jim Collins, Meet Michael Porter

Harvard Business Review

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
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Why Porter's Model No Longer Works

Harvard Business Review

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. Most existing big organizations — the 800-pound gorillas — subscribe to Michael Porter's value chain framework. Big Isn't Enough.

Porter 17
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CMI Hong Kong: updates from the board

Chartered Management Institute

Other key events we hosted included an in-person networking event with the HKU SPACE GMBA students and alumni, and four webinars on different topics: “Future Leadership in the Fourth Industrial Revolution”, “Deep Dives into STEM and Finance” as well as “Skills for New Employment Landscape” with the UNESCO HK Glocal Peace Centre.

Webinar 98
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Intelligent Redesign of Health Care

Harvard Business Review

Project team members with finance expertise contribute by supplying the cost rate for each person and equipment involved in the care processes. Health Operations' Kaplan and Michael E. The new approach produces accurate, detailed, and transparent costs for each care process as well as the cost of all the unused capacity in the system.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

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.

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The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

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
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In 2014, Resolve to Make Your Business Human Again

Harvard Business Review

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.

Levitt 12