Harvard Business Review

NOVEMBER 16, 2011

An approach that turns societal challenges into new markets. Creating shared value , a paradigm for how companies engage with society pioneered by Michael Porter and FSG, captures this trampoline mentality very well. Which of these are impeding growth (or representing untapped markets)? But trampolines propel things forward.

Porter 15

Porter Supply Chain Energy Competitive Advantage 15

Harvard Business Review

JULY 24, 2014

Twitter, for example, sells access to a range of real-time APIs to marketing platforms, but the price point often exceeds researchers’ budgets. Porter and Mark R. Further, the greater the awareness of your type of technology in the community, the larger the market is likely to actually be.

Porter 10

Porter Competitive Advantage Core Competence Crisis 10

Harvard Business Review

MAY 25, 2011

They can examine the company's core operations to discover ways to help make a difference while continuing to make a profit. It's an approach we call creating shared value ( my coauthor Mark Kramer and FSG cofounder Michael Porter wrote about this in Harvard Business Review ). But business leaders shouldn't stop with their foundations.

Porter 14

Porter Core Competence Globalization Business Model 14

Harvard Business Review

JANUARY 29, 2013

That's what Michael Porter says , and tough-choice-making has clearly been a big part of Apple's success. To quote Porter: "Strategy renders choices about what not to do as important as choices about what to do." To circle back to Porter : A company can outperform rivals only if it can establish a difference that it can preserve.

Strategy 9

Strategy Porter Christensen Mauborgne 9

Harvard Business Review

MARCH 8, 2013

The 'iPods' of poverty alleviation and literacy have likely been invented and put to use by small organizations in some corner of the globe, but there is no market for identifying these breakthrough ideas and ensuring widespread adoption.". Consider these examples: 1.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

NOVEMBER 2, 2017

Before the iPhone was introduced, in 2007, Nokia was the dominant mobile phone maker with a clearly stated purpose — “Connecting people” — and an aggressive strategy for sustaining market dominance. The once-dominant Nokia soon lost much of its market cap and was eventually acquired by Microsoft. Insight Center.

Strategy 14

Strategy Company How To Supply Chain 14

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. We wrote: All profit is not equal, an idea that has been lost in the narrow, short-term focus of financial markets and in much management thinking. Nor are they entirely innocent.

Politics 8

Politics Short-term Long-term Porter 8

Harvard Business Review

JANUARY 13, 2014

In 1960, marketing legend Ted Levitt provided perhaps his seminal contribution to the Harvard Business Review : “ Marketing Myopia.” Thought leaders like Christensen, Roger Martin , Michael Porter , and Steve Denning have all argued that shareholder value has been exposed as a flawed paradigm.

Levitt 12

Levitt Christensen Competitive Advantage Welch 12

Harvard Business Review

FEBRUARY 14, 2012

Facebook, KickStarter, Kiva, Twitter, and other companies thriving in the social era are operating by the rules of the Social Era. It's not to create more jargon, it's to emphasize a point: that social is more than the stuff the marketing team deals with. Mass markets were a convenient fiction created by mass media. They get it.

Banking 16

Banking Business Model Supply Chain Mass Marketing 16

Harvard Business Review

APRIL 23, 2015

Porter had it figured out in the mid-1980s. To do that, you need to come up with some clever offer that entices customers to pay higher prices or some operational innovation that lowers costs, or find a new market where there aren’t many competitors.

Strategy 8

Strategy Porter Price Cost of Capital 8

Harvard Business Review

NOVEMBER 18, 2011

While this reality poses grave risks to thousands of communities, it is also the driver of a daunting, and often confusing, economic dilemma which businesses must prepare for.It's time for companies operating in the many dry regions around the world to equip themselves with the tools and mindset they need to navigate this new normal.

Supply Chain 15

Supply Chain Long-term Short-term Porter 15

Harvard Business Review

MARCH 9, 2011

In the face of indisputable financial and political corruption, even David Brooks, a dyed-in-the-wool conservative, is forced to question his own longstanding beliefs about the rationality of markets. Meanwhile, Michael Porter wonders if we have missed out on what's good about sustainability , and suggests a new approach.

Porter 15

Porter Emotional Intelligence Rogers Resources 15

Harvard Business Review

FEBRUARY 24, 2011

This cover story, by Michael Porter, suggests that companies and government need to get outside an outdated approach to value creation. Today, Porter says, companies must reconnect company success with social progress, not as philanthropy, but as a way to achieve economic success. trillion by 2020.

Innovation 15

Innovation Succession Porter Venture Capitalist 15

Harvard Business Review

JANUARY 23, 2013

Increasingly, I see people looking starry-eyed to business and markets to solve social problems. My view is that pretending companies and markets hold all the answers actually puts at risk our ability to deal with our most pressing societal problems — and to help our most vulnerable citizens. I have an M.B.A.

Porter 10

Porter Welch Health Care Marketing 10

Harvard Business Review

MAY 3, 2018

These gold coasts are home to nine of the top 10, and 18 of the top 20, internet companies, as measured by market capitalization. and China that were able to take advantage of large domestic markets to achieve scale and to surround themselves with rich ecosystems of startups, suppliers, complements, and customers.

Company 8

Company Venture Capitalist GDP Retail 8

Harvard Business Review

JULY 22, 2015

As Michael Porter argued a long time ago , the simplest measure of competition is profitability. As Luigi Zingales has observed , politicians are increasingly “pro-business” rather than “pro-market.” But is business really so competitive – not in a few prominent industries, but in the economy as a whole?

Sull 8

Sull Competitive Advantage Porter GDP 8

Harvard Business Review

JUNE 16, 2015

It has become an axiom that “strategy is about making hard choices,” as we have been advised for over 20 years by leading thinkers including Michael Porter and Roger Martin. Sephora has become a leader in the cosmetics market by transcending this tradeoff, finding ways to achieve transactions and relationships.

Chief Operating Officer 8

Chief Operating Officer Apparel Marketing Porter 8

Harvard Business Review

NOVEMBER 6, 2014

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Neither school of thought, though, has it quite right.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

NOVEMBER 6, 2014

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Neither school of thought, though, has it quite right.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

DECEMBER 2, 2013

Three lines of progress are crossing, and rapidly reshaping how businesses and nonprofits together strengthen the locales in which they operate. Take the example of child sponsorships, highly popular as a marketing tool for many NGOs. This is what is going on now in community development.

Trends 8

Trends Development Net Present Value NGO 8

Harvard Business Review

JANUARY 13, 2011

We aren't the first to see that the world has changed and free market competition no longer produces benefits as if by an invisible hand. Before 1850 there was the market economy, in which many players, engaged in something plausibly resembling perfect competition , collectively met demand without any grand plan to do so.

Competitive Advantage 15

Competitive Advantage Porter Politics Marketing 15

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. This can disrupt a firm’s ability to operate on schedule and budget. “Stranded assets” are investments that become obsolete due to regulatory, environmental, or market constraints.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 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. Unfortunately, fewer than 20% of patients had completed both pre- and post-operative surveys.

Mayo 8

Mayo Health Care Committee Project 8

Harvard Business Review

AUGUST 18, 2014

The main alternative is the Positioning School , whose ideas were most clearly expounded by Michael Porter. This theory states that success is dependent on positioning your business in a profitable market, where it will have or can gain a competitive advantage. So maybe there is a better theory of strategy?

RBV 10

RBV Competitive Advantage Resources Media 10

Harvard Business Review

MARCH 2, 2011

Some tentative conclusions: There is not much of a market for stand-alone strategy studies any more. co-founded by Michael Porter back in the early 1980s, has seen better days. For us, our strategy informs every big decision we make — what markets to enter or exit, what acquisitions to make, what products to introduce." (The

Consultative 15

Consultative Strategy McKinsey Porter 15

Harvard Business Review

JANUARY 7, 2013

Many management thinkers argue that it is no longer enough to do well financially; companies also need to improve the well-being of (or at least not harm) the communities in which they operate, the environment, and their employees. Porter and Mark R. See, for example, " Creating Shared Value ," by Michael E. That's the good news.

Company 11

Company Long-term Porter CEO 11

Harvard Business Review

MAY 13, 2014

Start with Michael Porter. They’ve missed almost every technological breakthrough of the past decade — and yet they earned $237 billion in operating income from 2001 to 2013 working off a strategy that was in place in the mid-1990s. They both have something useful to say. Okay – what’s the thesis? .

Sull 11

Sull Competitive Advantage Porter Innovation 11

Harvard Business Review

SEPTEMBER 17, 2015

As Michael Porter and Thomas H. Improving value can only happen when providers align the focus of their clinical teams and their market strategy on achieving excellent outcomes, and in turn invest the resources to measure and report them. Many institutions are overwhelmed by the change required and don’t know where to begin.

Health Care 8

Health Care Fraser Price Compliance 8

Harvard Business Review

MARCH 7, 2012

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.

Globalization 10

Globalization Rivkin Supply Chain Trends 10

Harvard Business Review

SEPTEMBER 25, 2013

Find and follow the opinion leaders in your domain, read up on the classics , brush up on your Michael Porter. For example, a sector manager for an internet commerce organization decided to stretch her skills by forming and leading a community of marketing experts from different organizations. Learn to delegate once and for all.

Porter 12

Porter Delegation Learning-by-Doing Project 12

Harvard Business Review

JULY 11, 2013

Consider these cases (with names disguised to protect confidentiality): Bill''s venture capital-backed business concept was to operate a new revenue-producing service for large U.S. In its first year, the venture landed two almost-committed pilot sites and a prospect pipeline for a multi-billion-dollar market. Control your identity.

Innovation 8

Innovation Porter Merchandising Entrepreneur 8

Harvard Business Review

JUNE 6, 2013

The second truth is that competition is symmetric in its operation. Since the mid-1800s all the way through Michael Porter, people have been encouraged to think of "competition" as a persistent driver of profit erosion - that is, as a threat. This is something of a new idea in strategy.

Supply Chain 8

Supply Chain Price Analysis Porter 8

Harvard Business Review

SEPTEMBER 24, 2013

Through a concerted focus on our supply chain, we use rigorous value-based purchasing protocols, market intelligence, and business analytics to examine every purchase from the standpoint of value, utility, and outcomes. Health Operations' The Cleveland Clinic’s Journey. Redefining the Patient Experience With Collaborative Care.

Health Care 9

Health Care Supply Chain Cost Quality 9

Harvard Business Review

MAY 27, 2015

In some areas and sectors, the market provides all the capital needed. For example, the market for bank credit for small businesses has been tight, particularly for loans under $150,000. But here again, the market does not always work perfectly on its own. That is where government can often play a critical role.

Entrepreneur 8

Entrepreneur Policies Banking Innovation 8

Harvard Business Review

AUGUST 11, 2015

Many of the companies inserting politics into their user experience operate popular social platforms themselves. Porter Airways created an online poll asking the public where they’d like to fly and promoted it on Facebook.

Politics 8

Politics Real Estate Business Model Morale 8

Harvard Business Review

JUNE 18, 2018

Six years ago, Harvard’s Michael Porter and FSG’s Mark Kramer made the bold statement that shared value — the idea that the purpose of a company is to achieve both shareholder profit and social purpose — would “reinvent capitalism.” It must be woven into a company’s operational fabric.

Marketing 13

Marketing Porter Metrics Brand 13

Harvard Business Review

NOVEMBER 4, 2016

At the same time, we will localize production in big end-use markets like Saudi Arabia. Both in terms of operations and organization, this is certainly responsive to a more protectionist environment. Going forward, we will localize… We will produce for the U.S. in the U.S., but our exports may decline. Distributional Issues.

Globalization 8

Globalization Education Policies Survey 8