On Competition, Updated Edition (Harvard Business Review)
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Average customer review:Product Description
For the past two decades, Michael Porter's work has towered over the field of competitive strategy. On Competition, Updated 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 effeapplying strategy principles to philanthropy. Part V explores the link between Strategy and Leadership
Product Details
- Amazon Sales Rank: #63796 in Books
- Published on: 2008-10-01
- Original language: English
- Number of items: 1
- Binding: Hardcover
- 576 pages
Editorial Reviews
About 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.
Customer Reviews
Read Everything Mr. Porter Writes
Mr. Porter is an expert on competition. As a professional investor, I evaluate competitive strengths and weaknesses of companies on everyday basis. I cannot overemphasize how important Mr. Porter's writings are to my ability to pick investments that perform well. In my opinion, the first chapter is the most important one. Mr. Porter writes about five forces:
* Threat of new entrants
* Intensity of rivalry among existing competitors
* Pressure from substitute products
* Bargaining power of buyers
* Bargaining power of suppliers
These five forces can be a roadmap to determining the competitiveness of individual companies. Mr. Porter's books are long, but I highly recommend this book or any other book written by the author.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market




