Everyone in business knows Porter's name, but many misunderstand and misuse his concepts. Understanding Michael Porter sets this straight.
Porter's Five Forces - The Framework Explained - Mindtools Membership
Porter's Five Forces allows you to assess the strength of your competitive position in a market and identify ways to boost your profitability. Learn how to use the framework through examples and a downloadable template.
Road to a book lexicon (Part 1) - Nick The Sick
The article where I don't define a lexicon, and instead, complain about ISBNs
Online Marketing Tools and Resources | Amy Porterfield
Get access to my free resources and paid programs to help you build and scale your online business, one step at a time.
Holding Pattern by Jenny Xie | East Bay Booksellers
NAMED A BEST BOOK OF THE YEAR BY TIME, VOGUE, VULTURE, GOOD HOUSEKEEPING, AND ELECTRIC LITERATUREA NATIONAL BOOK FOUNDATION "5 UNDER 35" HONOREE"Exquisite and wise.
What Is Strategy?
Today’s dynamic markets and technologies have called into question the sustainability of competitive advantage. Under pressure to improve productivity, quality, and speed, managers have embraced tools such as TQM, benchmarking, and re-engineering. Dramatic operational improvements have resulted, but rarely have these gains translated into sustainable profitability. And gradually, the tools have taken the place of strategy. In his five-part article, Michael Porter explores how that shift has led to the rise of mutually destructive competitive battles that damage the profitability of many companies. As managers push to improve on all fronts, they move further away from viable competitive positions. Porter argues that operational effectiveness, although necessary to superior performance, is not sufficient, because its techniques are easy to imitate. In contrast, the essence of strategy is choosing a unique and valuable position rooted in systems of activities that are much more difficult to match. Porter thus traces the economic basis of competitive advantage down to the level of the specific activities a company performs. Using cases such as Ikea and Vanguard, he shows how making trade-offs among activities is critical to the sustainability of a strategy. Whereas managers often focus on individual components of success such as core competencies or critical resources, Porter shows how managing fit across all of a company’s activities enhances both competitive advantage and sustainability. While stressing the role of leadership in making and enforcing clear strategic choices, Porter also offers advice on how companies can reconnect with strategies that have become blurred over time.
Road to a book lexicon (Part 2) - Nick The Sick
The one where I actually define a lexicon
A Lesson on Elementary Worldly Wisdom As It Relates To Investment Management & Business
A lesson in elementary worldly wisdom is a lecture by Charlie Munger on the art of business as a subdivision of the art of worldly wisdom. Full Transcript.
Skim reading is the new normal. The effect on society is profound | Maryanne Wolf
When the reading brain skims texts, we don’t have time to grasp complexity, to understand another’s feelings or to perceive beauty. We need a new literacy for the digital age writes Maryanne Wolf, author of Reader, Come Home
Mary Parker Follett
Mary Parker Follett was an American social thinker, management consultant, social worker, political scientist, philosopher and pioneer in the fields of organizational theory and organizational behavior, management, leadership, democracy, and conflict resolution. She has been called the "Mother of Modern Management". Instead of emphasizing industrial and mechanical components, she advocated for what she saw as the far more important human element, regarding people as the most valuable element present within any organization. She was one of the first theorists to actively write about and explore the role people had in ineffective management and discuss the importance of learning to deal with and promote positive human relations as a fundamental aspect of the industrial sector. She is also recognized as the originator of "win-win" approaches to conflict resolution.
My experience at and around MIRI and CFAR (inspired by Zoe Curzi's writeup of experiences at Leverage) — LessWrong
I appreciate Zoe Curzi's revelations of her experience with Leverage. I know how hard it is to speak up when no or few others do, and when people ar…
The Power of Habit: Why We Do What We Do in Life and Business by Charles Duhigg
A young woman walks into a laboratory. Over the past two years, she has transformed almost every ...
Study Guide: One Day, Everyone Will Have Always Been Ag…
Analyzing literature can be hard — we make it easy! Thi…
Gender Trouble: Feminism and the Subversion of Identity
One of the most talked-about scholarly works of the past fifty years, Judith Butler’s Gender Trouble is as celebrated as it is controversial.Arguing that traditional feminism is wrong to look to a natural, 'essential' notion of the female, or indeed of sex or gender, Butler starts by questioning the category 'woman' and continues in this vein with examinations of 'the masculine' and 'the feminine'. Best known however, but also most often misinterpreted, is Butler's concept of gender as a reiterated social performance rather than the expression of a prior reality.Thrilling and provocative, few other academic works have roused passions to the same extent.
“The Common Good Economy”: Mariana Mazzucato on Fixing Capitalism
We speak with the economist Mariana Mazzucato, author of the new book The Common Good Economy: A New Compass.
