Friday, December 23, 2011

(Your perception of) Michael Porter stands corrected.

From the link: 

Strategy Guru - Michael Porter
Some new views (these are debatable. But are thought provoking too). The author, Joan, has written these after personal interaction with the Strategy genius Michael Porter himself!

Insights collected by the author, Joan: 
  1. Competitive advantage is not about beating rivals; it's about creating unique value for customers. If you have a competitive advantage, it will show up on your P&L.
  2. No strategy is meaningful unless it makes clear what the organization will not do. Making trade-offs is the linchpin that makes competitive advantage possible and sustainable.
  3. There is no honor in size or growth if those are profit-less. Competition is about profits, not market share.
  4. Don't overestimate or underestimate the importance of good execution. It's unlikely to be a source of a sustainable advantage, but without it even the most brilliant strategy will fail to produce superior performance.
  5. Good strategies depend on many choices, not one, and on the connections among them. A core competence alone will rarely produce a sustainable competitive advantage.
  6. Flexibility in the face of uncertainty may sound like a good idea, but it means that your organization will never stand for anything or become good at anything. Too much change can be just as disastrous for strategy as too little.
  7. Committing to a strategy does not require heroic predictions about the future. Making that commitment actually improves your ability to innovate and to adapt to turbulence.
  8. Vying to be the best is an intuitive but self-destructive approach to competition.
  9. A distinctive value proposition is essential for strategy. But strategy is more than marketing. If your value proposition doesn't require a specifically tailored value chain to deliver it, it will have no strategic relevance.
  10. Don't feel you have to "delight" every possible customer out there. The sign of a good strategy is that it deliberately makes some customers unhappy.


Anonymous said...

I have read some excellent stuff here. Certainly value bookmarking
for revisiting. I wonder how a lot effort you place to create this kind of magnificent informative site.

Here is my webpage buy instagram followers

Anonymous said...

Thanks for sharing your thoughts about phytoceramides youtube.

my web site - phytoceramide 350 mg plant derived

Anonymous said...

It's a pity you don't have a donate button! I'd definitely donate to this brilliant blog!

I guess for now i'll settle for book-marking and adding your RSS feed to my Google account.
I look forward to brand new updates and will talk about this website with my
Facebook group. Chat soon!

Here is my page Yellow Booth

Anonymous said...

You should be a part of a contest for one of the
greatest websites online. I will recommend this blog!

my website top recruitment agencies

Anonymous said...

I like the valuable info you provide in your articles.

I'll bookmark your blog and check again here regularly.
I'm quite sure I will learn lots of new stuff right
here! Best of luck for the next!

Here is my webpage ... escorts bali ()

Anonymous said...

I like reading through an article that will make people think.
Also, thanks for allowing for me to comment!

Here is my blog ... Louis Vuitton Cheap

Anonymous said...

Boxer Technician's supplements are certainly created with particular functions and it shows.

From the above analysis, it is clear that Garcinia
Cambogia Supplements is 100% free from gluten. Increase in Focus - Energy Throughout the day
- No Crash - Increase in Serotonins-feel good hormones - Manages cortisol-a
stress hormone that causes belly fat - Prevents fat from being
made - Builds leans muscle - Increase in good cholestoral
and decrease in bad cholestoral.

Feel free to surf to my blog - eating healthy on the go

Anonymous said...

This blog was... how do I say it? Relevant!! Finally I've found something which helped me.

Feel free to visit my homepage online Casino software
- Http:// -

Anonymous said...

That is really attention-grabbing, You're a very professional blogger.

I've joined your feed and stay up for searching for more of
your fantastic post. Also, I have shared your site in my social networks

Also visit my blog: Replica Christian Louboutin (