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Michael Porter

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Table of Contents:


From the economist:




Porter effectively redefined the way that businessmen think about competition, largely by introducing the language and concepts of economics into corporate strategy. He began by simplifying the notion of competitive advantage and then created a new framework for companies to think about how to achieve it.


Later he moved on to advising countries about how they too could gain competitive advantage, and this led him to another field of interest, clustering—the extent to which industries old and new (from diamond dealers to nanotechnologists) stay geographically close to each other, and the reasons for this. Porter maintained that countries do well economically in large part because of this clustering of specialised skills and industries that, through dynamic competition between them, produce superior products and processes.




From Wikipedia:


Michael Eugene Porter is an American academic focused on management and economics. He has made important contributions to strategy theory.


Porter's main academic objectives focus on how a firm or a region can build a Competitive Advantage and develop competitive strategy.


Porter's strategic system consists primarily of:



Porter brought the tools and language of economics to the field of strategic management research at an early stage of its development. His work fits into what is now termed strategy content research which is concerned with the 'what' of strategy, rather than the 'where' which is dealt with by strategy context or the how, who, and when of strategy which is the focus of strategy process research conducted by such authors as Andrew Pettigrew and Henry Mintzberg(De Wit & Meyer, 2003).



Key Work

  • Porter, M. (1979) "How competitive forces shape strategy", Harvard business Review, March/April 1979.
  • Porter, M. (1980) Competitive Strategy, Free Press, New York, 1980.
  • Porter, M. (1985) Competitive Advantage, Free Press, New York, 1985.
  • Porter, M. (1987) "From Competitive Advantage to Corporate Strategy", Harvard Business Review, May/June 1987, pp 43-59.
  • Porter, M. (1996) "What is Strategy", Harvard Business Review, Nov/Dec 1996.
  • Porter, M. (1998) On Competition, Boston: Harvard Business School, 1998.
  • Porter, M. (2001) "Strategy and the Internet", Harvard Business Review, March 2001, pp. 62-78.
  • Porter, Micheal E. and Kramer, Mark R. (2006) "Strategy and Society: The Link Between Competitive Advantage and Corporate Social Responsibility", Harvard Business Review, December 2006, pp. 78-92.



See also



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