Harvard Business Review

FEBRUARY 29, 2012

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. There is no question that Porter's work has helped shape (some would say, "invent") modern-day strategy. Big Isn't Enough.

Porter 20

Porter Mass Marketing Supply Chain Retail 20

Harvard Business Review

DECEMBER 15, 2011

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

Porter Collins Competitive Advantage Strategy 16

Chartered Management Institute

MAY 2, 2023

Currently general manager of luxury hotel The Slaughters Manor House, David has been with Andrew Brownsword Hotels Group for over 17 years – stepping into the hospitality industry straight from school as a kitchen porter and working his way up through roles in reception and operations management.

Management 52

Management Hotels Porter Learning-by-Doing 52

The Practical Leader

MARCH 29, 2023

A similar study by The Economist Intelligence Unit of 343 business found “the firms that ‘slowed down to speed up’ improved their top and bottom lines, averaging 40% higher sales and 52% higher operating profits over a three-year period.”

Kaplan 52

Kaplan Porter Absenteeism Participative 52

Harvard Business Review

JUNE 19, 2017

Of course, Netflix is no mom-and-pop operation. Michael Porter would approve. ” In Porter’s view, sustainable competitive advantage depends on trade-offs, including the fact that it’s difficult for one company to serve all customers across a wide range of needs. It’s hard to say.

Porter 15

Porter Company Retail Competitive Advantage 15

Chartered Management Institute

NOVEMBER 15, 2023

Digital event: Deep Dive into the Energy Sector In case you missed it, the CMI APAC Regional Boards recently delivered a Deep Dive into the Energy Sector Digital Event.

Webinar 98

Webinar Education Conference Industry 98

Harvard Business Review

JUNE 13, 2012

My company understands that we do not operate in a bubble. In some parts of the world government mismanagement of community development (deliberate or otherwise) has led to civil strife, sometimes resulting in armed conflict, creating a security scenario where business simply cannot continue to operate.

Development 15

Development Porter Banking Long-term 15

Harvard Business Review

MARCH 6, 2012

Porter and Jan W. Rivkin, how to better enable companies operating in the U.S. "to Competitiveness project spearheaded by Porter and Rivkin, and by experts we've invited to participate in the HBR Insight Center on American Competitiveness. economy more competitive — that is, in the words of Michael E.

Rivkin 12

Rivkin Porter Participative Globalization 12

Harvard Business Review

MARCH 26, 2012

Consider Porter's value chain. Where only the largest organizations could operate 24-hour call centers, today, even small organizations have access to companies like Global Response. I disagreed with her suggestion that Porter's concept was no longer relevant in what she's dubbed the social era.

Porter 15

Porter Competitive Advantage Safe Harbor Efficiency 15

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 15

Porter Core Competence Globalization Business Model 15

Harvard Business Review

NOVEMBER 16, 2011

Creating shared value , a paradigm for how companies engage with society pioneered by Michael Porter and FSG, captures this trampoline mentality very well. When corporations create shared value they increase their profits and create greater social impact, resulting in powerful transformations and innovations in both business and society.

Porter 16

Porter Supply Chain Energy Competitive Advantage 16

Harvard Business Review

FEBRUARY 27, 2012

Michael Porter has done us all a service in identifying that the wealth of modern economies comes from the productivity, innovation and high wages found in their clustered industries — those industries that are found only in certain geographic areas and trade most of their output outside their home areas, both nationally and internationally.

Creativity 16

Creativity Porter Industry Pharmaceuticals 16

Harvard Business Review

JANUARY 26, 2011

In Operation Desert Storm , more than 100,000 Iraqi troops crossed into Kuwait, fixed themselves into strategic positions — in front lines — to combat U.S. When Netscape Navigator imagined the disruption of Microsoft Windows, it forgot that its web browser was an add-on on the operating system.

Porter 15

Porter Banking Globalization Information Technology 15

Harvard Business Review

AUGUST 11, 2014

Michael Porter, the strategy expert, believes that the HBS approach is the right one. The company simply straddled the two channels, without creating any operating linkages across them. This misguided debate over MOOCs can be seen in the contrasting approaches of HBS and Wharton. They say yes; I say no..

Christensen 19

Christensen Education Discount Class 19

Harvard Business Review

APRIL 17, 2014

It relates to what Michael Porter meant with being “stuck in the middle”: if you try to come up with a strategy that does everything for everyone, you will likely end up achieving nothing. They modeled their operations on McDonalds: high volume, highly efficient operations, based on division of labor and cost efficiency.

Management 14

Management Learning Curve Short-term Long-term 14

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.

Innovation 15

Innovation Succession Porter Venture Capitalist 15

Harvard Business Review

MARCH 9, 2011

Meanwhile, Michael Porter wonders if we have missed out on what's good about sustainability , and suggests a new approach. The "invisible hand" operated as kind of god-like machine that sorted everything out for us, excusing human beings for our more nefarious, selfish inclinations.

Porter 16

Porter Emotional Intelligence Rogers Resources 16

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. Most organizations operating today started when companies needed more operating capital. Many organizations still operate by Porter's Value Chain model , where Z follows Y, which follows X.

Banking 18

Banking Business Model Supply Chain Mass Marketing 18

Harvard Business Review

JUNE 30, 2011

Michael Porter and Mark Kramer, writing in HBR ( December, 2006 and January-February, 2011 ), advance the idea of creating shared value by developing strategies and policies that enhance the competitiveness of the company while advancing social and economic conditions of the community.

Brand 15

Brand Porter Objective Short-term 15

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. Managers who advance in their careers primarily by excelling at operational work go on doing operational work long after they could delegate those duties to other people. Learn to delegate once and for all.

Porter 18

Porter Delegation Learning-by-Doing Project 18

Harvard Business Review

JULY 24, 2014

Porter and Mark R. Porter and Kramer give a classic example of ecosystem-supporting philanthropy: a company contributes to help improve area schools, which would eventually improve the labor pool from which they hire staff. .” In The Competitive Advantage of Corporate Philanthropy , Michael E.

Porter 14

Porter Competitive Advantage Core Competence Crisis 14

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

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 12

Strategy Porter Christensen Mauborgne 12

Harvard Business Review

MARCH 2, 2011

co-founded by Michael Porter back in the early 1980s, has seen better days. McKinsey teams are beavering away in places like the United Arab Emirates and the 'Stans — Turkmenistan, say, or Tajikistan — but they're as likely to be doing operations projects as pure strategy work. Monitor & Co.,

Consultative 16

Consultative Strategy McKinsey Porter 16

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 13

Globalization Rivkin Supply Chain Trends 13

Harvard Business Review

JUNE 29, 2012

Who's who — master and servant, mechanism and operator, principal and agent, sovereign and serf? Michael Porter has suggested that shared value be the linchpin the economy is held together by. Who's who, mechanism and operator, sovereign — and serf? These are the terms of the debate we're not having.

Price 17

Price Short-term Proposal System 17

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 16

Sull Competitive Advantage Porter Innovation 16

Harvard Business Review

NOVEMBER 13, 2012

During difficult economic times, organizations often seek ideas on how to cut costs or perform operations more efficiently. Hamel and Prahalad combined the old resource view with an emphasis on differentiation, made popular in the 1980s by Michael Porter. Understand the "P-Cycle."

Prahalad 17

Prahalad Hamel Core Competence Leadership 17

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 14

Company Long-term Porter CEO 14

Harvard Business Review

JANUARY 13, 2014

Thought leaders like Christensen, Roger Martin , Michael Porter , and Steve Denning have all argued that shareholder value has been exposed as a flawed paradigm. As it notes, “When we operate according to these principles, the stockholders should realize a fair return.”.

Levitt 15

Levitt Christensen Competitive Advantage Welch 15

Harvard Business Review

OCTOBER 14, 2013

The results are often surprising; for example in the pilot project described in Kaplan’s and Porter’s 2011 HBR article , one finding was that most providers’ existing cost systems underestimate the cost of new patient evaluation services by 15% to 20%. Health Operations' Kaplan and Michael E.

Health Care 9

Health Care Kaplan Porter Cost 9

Harvard Business Review

NOVEMBER 2, 2017

At Nestlé, Peter Brabeck-Letmathe introduced Creating Shared Value (CSV) as the operationalization model for fulfilling Nestlé’s Corporate Social Responsibility commitments. ” Aim for the golden mean.

Strategy 16

Strategy Company How To Supply Chain 16

Harvard Business Review

JANUARY 13, 2011

Rockefeller or Andrew Carnegie, operating deliberately and with sufficient power and intent to change the shape of markets. This is what all managers in all firms aspire to — it is the holy grail that lies at the end of the search for excellence, and the promise of Michael Porter's teachings.

Competitive Advantage 16

Competitive Advantage Porter Politics Marketing 16

Harvard Business Review

JANUARY 23, 2013

In health care, for example, research indicates a decline in quality when non-profit hospitals switched to become profit making, as Eduardo Porter explained this month in the New York Times. Other objectives can but there is a price to be paid. Too often people equate "business thinking" with effectiveness.

Porter 13

Porter Welch Health Care Marketing 13

Harvard Business Review

OCTOBER 31, 2012

In November 1996, Michael Porter published What Is Strategy? which argued that operational excellence alone is not strategy, and that the truly enduring companies create a unique customer experience. Today, I realize that at least two-thirds of the gems in my "Great Articles" file emanate from HBR.

Goleman 11

Goleman Emotional Intelligence Porter Covey 11

Harvard Business Review

APRIL 2, 2018

Nearly every major company today operates a broad set of social and environmental activities that parallel its commercial value chain. Employees at every level can see and take pride in the way their company’s new products, strategies, and operational choices advance a clear social purpose. Nike is about fitness.

Company 14

Company Supply Chain Competitive Advantage Audience 14

Harvard Business Review

JUNE 19, 2014

Today, Alibaba looks more like a conglomerate than a typical tech company, with a diverse set of businesses operating largely independently. That choice cuts to the heart of Alibaba, according to Porter Erisman, who served as a vice president at the company from 2000 to 2008, and whose documentary on his time there debuted in 2012.

Porter 12

Porter Decentralization Film Project 12