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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 20
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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 16
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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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The Libor Scandal and the Price of Prosperity

Harvard Business Review

Now, let me couch this for you in the human terms of political economy — the terms in which you and I should rightly conceive of an "economy" as the sum of the enduring human good; not merely as a set of pipes for the grease of finance to be injected into. Who's who, mechanism and operator, sovereign — and serf?

Price 17
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Can the U.S. Become a Base for Serving the Global Economy?

Harvard Business Review

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. shares of the global operations of U.S.-based private sector rose in the 1990s, but then fell in the 2000s.

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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 15
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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.