Michael Porter

Michael Eugene Porter ( * May 23, 1947 ) is Professor of Economics at the Institute for Strategy and Competitiveness at Harvard Business School. He is considered one of the leading management theorists. In several rankings, he was voted one of the most influential management thinkers. The focus of his work focus on issues of strategy and competition: for individual companies, regions and economies. He is considered one of the founders of strategic management. His book Competitive Advantage (1985 ) is one of the standard works of the management literature.

Porter is known in particular for the formulation of the three generic competitive strategies ( segmentation, differentiation and cost leadership ), the value chain ( value chain ), which represents the production process of a company in the form of a block arrow, and competition analysis and determination of the industry and market attractiveness based on the Five forces model ( Five Forces ).

In addition to his scientific work, Michael Porter is a consultant for companies and governments. He is co-founder of management consulting monitor.

Work

The following selected models and management concepts go to the scientific work of Michael Porter back:

  • The industry structure analysis, the basis of which can be characterized the competitive mechanisms of a market.
  • The value chain ( value chain ), which entity is the logical relationship between activities in a company and it can be derived strategic issues.
  • The concept of generic strategies after basically three different successful competitive strategies are ( segmentation, differentiation and cost leadership ).
  • Can be described competitiveness and clustering of economies and regions in individual sectors Diamond model by which
  • The Porter hypothesis according to strict environmental regulations promote innovation and can lead to efficiency gains and competitive advantage.

Michael Porter has repeatedly proven to day political issues, such as the debate on health care reform in the United States.

Writings

  • With Caves, R. E.; Spence, AM: Competition in the open economy, Harvard University Press, Cambridge 1980.
  • Competitive Strategy. Techniques for Analyzing Industries and Competitors, Free Press, New York 1980. ISBN 978-0743260886
  • The Contributions of Industrial Organization to Strategy Formulation: a promise beginning to be Realized. Harvard Business School Working Paper 79-60, Division of Research, Graduate School of Business Administration, Haravard University, Boston / Mass. In 1980.
  • Cases in competitive strategy, The Free Press, New York 1983.
  • Competitive Strategy, Techniques for Analyzing Industries and Competitors. 1st edition. Frankfurt (Main): Campus 1983.
  • Competitive Advantage, Free Press, New York 1985. ISBN 0-684-84146-0
  • The Competitive Advantage of Nations, Free Press, New York 1998. ISBN 0-684-84147-9
  • Can Japan Compete? , 2000, ISBN 0-465-05989-9.
  • With Elizabeth Olmsted Teisberg: Redefining Health Care Creating Value -Based Competition on Results. Harvard Business School Press, Boston, 2006 ISBN 1-59139-778-2.
Porter's generic strategies Monitor Deloitte Integrated Authority File
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