OK, I have to tell you, in case you are wondering, that Michael Porter and his theories are indeed ubiquitous. His theories are taught world wide. If you are in business school-or pursuing and MBA-you need to know what he’s about. Really. Whether you agree with him or not. Almost every lecture I’ve had here at CBS has referenced his work in one way or another. Not that I ever doubted my fine Bostonian professors, but I’m here to tell you from the trenches, that it’s true. It’s important to know his work. Read him, know him, love him. Then there is the beloved Kathleen Eisenhardt. Another need to know. Trust me.
October 11, 2007 at 7:37 pm |
Porter, isn’t it for large industries with a set structure. It surely doesn’t fit the fast moving global economy we live in.
October 12, 2007 at 6:47 pm |
While I don’t proclaim to be a Porter expert, he does seem to concern himself with large industries with set structures. Although when I think of what he has written, there are things that come to mind that I am comfortable applying to small, nimble startups. Competitive Advantage is an interesting concept that I always try to work around with NO success at all. The cluster concept is also intersting. It is nice to hear someone else’s view on the subject of Porter. He’s just so ubiquitous in an MBA’s world. Thank you for the comments, Patrick.
October 15, 2007 at 6:23 pm |
WEll, I have also have a MBA and I have also been to school in Denmark.. as much as I have appreciated Porter and reading his works I just feel it is a milestone in economic history. Try applying Porter to the “e” world, it just doesn’t fit. I wrote my thesis paper on evolutionary economics and that subject still seems to tickle my intertest.
Patrick