Tags » Michael Porter

The slow decay of American economic competitiveness

While the American economy is adding jobs at a faster pace than at any point since the end of the financial crisis and is growing faster than many of its developed peers, it’s still not close to full strength. 1,384 more words

Management

Michael E Porter's Five Forces

Understand the five forces to better position your company that is more profitable and less vulnerable to attack.

The industry structure defined by the five forces determines the profitability of an industry regardless of the fact that it may be producing a product or service, is emerging or mature, is regulated or unregulated, is high-tech or manual. 1,812 more words

Renowned Articles

12 steps to make a family business last generations

“Competitive Strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.”

Michael Porter

WHEN a trade official was asked what makes a family business last from generation to generation, she said that there was so much information available about how to start a business but she wasn’t sure what makes a family business last and what will not make it last. 703 more words

Family Business

Who We Are and What We Do

Lesson I Forget:

So often in life, we use a different personality or attitude depending on where we are. We hear things like, “I’m a very different person at work”.   344 more words

Envy as Motivation to Entrepreneurial Success

“Envy is everywhere. Who is without envy? And most people are unaware or unashamed of being envious.”   – T. S. Eliot

Envy can be felt by everyone and entrepreneurs can use this feeling to their advantage. 463 more words

Benefits Set - off Consequences

Entrepreneurship is all about securing benefits and dealing with consequences for the business. A good entrepreneur balances benefits against consequences so that the latter will not suppress the former. 595 more words

On Defining Strategy

Creative strategy is developing a position with set of activities different from rivals, making trade – offs that limits what the company offers, and having a system where activities that complement one another work well. 722 more words