On Competition

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For the past two decades, Michael Porter's work has towered over the field of competitive strategy. On Competition, Updated and Expanded Edition brings together more than a dozen of Porter's landmark articles from the Harvard Business Review. Five are new to this edition, including the 2008 update to his classic "The Five Competitive Forces That Shape Strategy," as well as new work on health care, philanthropy, corporate social responsibility, and CEO leadership.

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Overview

For the past two decades, Michael Porter's work has towered over the field of competitive strategy. On Competition, Updated and Expanded Edition brings together more than a dozen of Porter's landmark articles from the Harvard Business Review. Five are new to this edition, including the 2008 update to his classic "The Five Competitive Forces That Shape Strategy," as well as new work on health care, philanthropy, corporate social responsibility, and CEO leadership.

This collection captures Porter's unique ability to bridge theory and practice. Each of the articles has not only shaped thinking, but also redefined the work of practitioners in its respective field. In an insightful new introduction, Porter relates each article to the whole of his thinking about competition and value creation, and traces how that thinking has deepened over time.

This collection is organized by topic, allowing the reader easy access to the wide range of Porter's work. Parts I and II present the frameworks for which Porter is best known—frameworks that address how companies, as well as nations and regions, gain and sustain competitive advantage. Part III shows how strategic thinking can address society's most pressing challenges, from environmental sustainability to improving health-care delivery. Part IV explores how both nonprofits and corporations can create value for society more effectively by applying strategy principles to philanthropy. Part V explores the link between strategy and leadership.

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Editorial Reviews

Library Journal
Porter (The Competitive Advantage of Nations, LJ 6/1/90), a professor at the Harvard Business School and premier investigator of corporate strategy, has collected ten previously published articles from the Harvard Business Review together with two new pieces on competition and competitive strategy. The essays are grouped into three categories: core concepts, location as a competitive advantage, and the competitive solutions to societal problems. While most of the book has a timeless quality, listing an essay's date of publication more prominently and perhaps including a postscript would have helped readers judge a strategy's success by giving it an appropriate context. For example, while its lesson is still valid, the essay "End-Game Strategies for Declining Industries" will perplex readers because it includes a discussion of the manufacture of cigars, now much in vogue. In the final analysis, though, this trenchant book will become a textbook for corporate strategy. Recommended for special collections.--Steven Silkunas, Southeastern Pennsylvania Transportation Authority, Philadelphia
Booknews
Porter business administration, Harvard Business School collates 11 of his and coauthors' seminal articles on competitiveness in the private and public sectors from The Harvard Business Review and two new ones one on clusters on the national front; the other on global strategy. Organized in three parts around core concepts, the role of location in competition, and competitive solutions to societal problems, the author Competitive Strategy, Competitive Advantage and The Competitive Advantage of Nations presents the evolution of his ideas in bridging economic theory and management practice. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9780875847955
  • Publisher: Harvard Business Review Press
  • Publication date: 1/28/1998
  • Series: Review Book Series
  • Edition description: Older Edition
  • Edition number: 1
  • Pages: 496
  • Product dimensions: 6.43 (w) x 9.53 (h) x 1.56 (d)

Meet the Author

Michael E. Porter is the Bishop William Lawrence University Professor at Harvard Business School. He is the author of seventeen books and numerous articles.

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Table of Contents

Introduction 1
Pt. I Competition and Strategy: Core Concepts
1 How Competitive Forces Shape Strategy 21
2 What Is Strategy? 39
3 How Information Gives You Competitive Advantage 75
4 End-Game Strategies for Declining Industries 99
5 From Competitive Advantage to Corporate Strategy 117
Pt. II The Competitiveness of Locations
6 The Competitive Advantage of Nations 155
7 Clusters and Competition: New Agendas for Companies, Governments, and Institutions 197
8 How Global Companies Win Out 289
9 Competing Across Locations: Enhancing Competitive Advantage through a Global Strategy 309
Pt. III Competitive Solutions to Societal Problems
10 Green and Competitive: Ending the Stalemate 351
11 The Competitive Advantage of the Inner City 377
12 Making Competition in Health Care Work 409
13 Capital Disadvantage: America's Failing Capital Investment System 431
Index 469
About the Contributors 483
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Sort by: Showing 1 Customer Reviews
  • Anonymous

    Posted June 20, 2005

    Insightful!

    Remember when you were a youthful entrepreneur operating a neighborhood lemonade stand? If author Michael E. Porter had walked up to buy a cup of punch from you, he probably would have asked about your business strategy. While you poured, he would have questioned what made your lemonade different from anyone else¿s. If he liked your lemonade, he¿d no doubt give you suggestions on how to earn millions competing in the global marketplace. Ah, if only you had listened... The author, America¿s dean of competition, has spent two decades asking seminal questions such as, 'What is competition? What are its effects? How can society benefit?' The Harvard Business Review previously published 11 of the 13 articles collected in this book. In the two new essays, Porter serves up invaluable concepts. His take on the growing importance of location, despite rising globalization, is a tour de force. Oddly, Porter sees no inconsistency in encouraging 'productive competition' in the health care industry while advocating universal health care. For Porter, competition is the ingredient that turns lemons into lemonade. We recommend his latest book to any corporate strategist who seeks ideas on becoming more competitive, starting in your own neighborhood.

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