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"The best CEOs I know are teachers, and at the core of what they teach is strategy."
Michael PorterThe essential complement to the path-breaking book Competitive Strateg — Michael Porter
"The essential complement to the path-breaking book Competitive Strategy, Michael E. Porter’s Competitive Advantage explores the underpinnings of competitive advantage in the individual firm. Competitive Advantage introduces a whole new way of understanding what a firm does. Porter’s groundbreaking concept of the value chain disaggregates a company into “activities,” or the discrete functions or processes that represent the elemental building blocks of competitive advantage."
Michael Porter
Michael Porter
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Michael Eugene Porter is an American businessman and professor at Harvard Business School. He was one of the founders of the consulting firm The Monitor Group and FSG, a social impact consultancy. He is credited with creating Porter's five forces analysis, a foundational framework in strategic management that remains widely used in both academia and industry. He is generally regarded as the father
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"The grandfather of concepts for predicting the probable course of industry evolution is the familiar ."
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"The firm achieving focus may also potentially earn above-average returns for its industry. Its focus means that the firm either has a low cost position with its strategic target, high differentiation, or both."
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"Low cost relative to competitors becomes the theme running through the entire strategy, though quality, service and other areas cannot be ignored."
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"Early entry is appropriate when the following general circumstances hold:"
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"Quasi-integration is to use debt or equity investments and other means to create alliances between vertically related firms without full ownership."
Michael Porter