On Competition, Updated & Expanded Edition / Edition 2

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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.

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
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: 9781422126967
  • Publisher: Harvard Business Review Press
  • Publication date: 10/7/2008
  • Series: Harvard Business Review Book
  • Edition description: REV
  • Edition number: 2
  • Pages: 576
  • Sales rank: 680,226
  • Product dimensions: 6.60 (w) x 9.30 (h) x 1.90 (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

Pt. I Competition and Strategy: Core Concepts

1 The Five Competitive Forces That Shape Strategy Michael E. Porter Porter, Michael E. 3

2 What Is Strategy! Michael E. Porter Porter, Michael E. 37

3 How Information Gives You Competitive Advantage Michael E. Porter Porter, Michael E. Victor E. Millar Millar, Victor E. 73

4 Strategy and the Internet Michael E. Porter Porter, Michael E. 97

5 From Competitive Advantage to Corporate Strategy Michael E. Porter Porter, Michael E. 133

Pt. II The Competitiveness of Locations

6 The Competitive Advantage of Nations Michael E. Porter Porter, Michael E. 171

7 Clusters and Competition: New Agendas for Companies, Governments, and Institutions Michael E. Porter Porter, Michael E. 213

8 Competing Across Locations: Enhancing Competitive Advantage Through a Global Strategy Michael E. Porter Porter, Michael E. 305

Pt. III Competitive Solutions to Societal Problems

9 Green and Competitive: Ending the Stalemate Michael E. Porter Porter, Michael E. Claas Van Der Linde Van Der Linde, Claas 347

10 The Competitive Advantage of the Inner City Michael E. Porter Porter, Michael E. 373

11 Redefining Competition in Health Care Michael E. Porter Porter, Michael E. Elizabeth Olmsted Teisberg Teisberg, Elizabeth Olmsted 405

Pt. IV Strategy, Philanthropy, and Corporate Social Responsibility

12 Philanthropy's New Agenda: Creating Value Michael E. Porter Porter, Michael E. Mark R. Kramer Kramer, Mark R. 431

13 The Competitive Advantage of Corporate Philanthropy Michael E. Porter Porter, Michael E. Mark R. Kramer Kramer, Mark R. 451

14 Strategy and Society: The Link Between Competitive Advantage and Corporate SocialResponsibility Michael E. Porter Porter, Michael E. Mark R. Kramer Kramer, Mark R. 479

Pt. V Strategy and Leadership

15 Seven Surprises for New CEOs Michael E. Porter Porter, Michael E. Jay W. Lorsch Lorsch, Jay W. Nitin Nohria Nohria, Nitin 507

Index 527

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