The first sentence of Porter's 1979 article could hardly be less controversial: "The essence of strategy formulation is coping with competition." It's the following sentence that, in its ...

Porter’s First Strategy for Competitive Advantage -- 1 Be a low-cost provider of products and services Reduce costs by reducing personnel Control manufacturing and inventory more effectively Use ...

Created by Michael Porter, founder of the Institute for Strategy and Competitiveness at the Harvard Business School, the Porter Diamond Model is considered a proactive economic theory. The Porter ...

Porter’s groundbreaking insights, first proposed in 1979 in the Harvard Business Review and then in many best-selling books, came to dominate subsequent thinking about strategy. In his article ...

According to Porter, adopting more than one of these strategies simultaneously can lead to a “stuck in the middle” situation. Therefore, a business must choose a clear strategic focus to maximize its ...

It did not have to be this way—and it does not have to be in the future. When it comes to reinforcing a distinctive strategy, Michael Porter argues, the Internet provides a better technological ...