Star-Spangled Football: The sales, marketing and management of Soccer in the USA
Star-Spangled Football: The sales, marketing & management of Soccer in the USA
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The Competition
Description: In the past 15 years, Michael Porter’s work, the fundamental understanding of competition & competitive strategy is defined. for the first time as a collective whole It presents a dozen articles, two entirely new articles & ten of Porter’s article from the Harvard Business Review, as well as a framing introduction from Porter. As a collection take these essays a new force & meaning, which increase with each & support a complete picture of Porter perspective on modern competition. To read through this collection is into experience Porter at work: we see first hand how important his theories take shape, deepen, & over time. Organized into three main categories: competition & strategy: basic concepts, the competitive situation, & competitive solutions for societal problems, into develop such property that the building blocks into define competitive strategy as we know it. With its unique ability into economics with the management bridge, addresses Porter the important issues of competition, from its relationship with environmental regulation into the counterintuitive role of geography in the worldwide economy. All at once eloquent & convincing, helping the sustained nature of these essays into examine ourselves & into understand the nature of the competition. Among them are three McKinsey Award winners & the award-winning “The Competitive Advantage of Nations” & “The competitive advantage of the Inner City.” This complete volume presents the full scope of the influential work Porter’s with the Harvard Business Review. Back Cover “[Porter's] mission is into bring about an intellectual revolution: the management with the rigor, into inspire the economics work out, gripped the economy, with examples from real life, & thus into a discipline that will enlighten academics & practitioners from industry into create equally. “-The Economist” Michael Porter … is heavily regarded as the world’s most influential thinker on business strategy … Economics graduate, MBA students & Business School welcomes teachers into follow all his work busily, while looking for clues on manager of his books how into gain competitive advantage. – People Management “Porter is nearly single-handedly with one of the enduring principles of international law: the principle of comparative advantage alone. In its place he has a complete theory of competitive advantage, one that he used into teach developing companies, cities, regions & nations, & recently, traveling groups of nations acting in concert-how into compete on the world stage. Porter the globe into nonprofit institutions into advise corporate chiefs & heads of state. “- World Business Competition , a collection of works by Michael E. Porter is a critical examination of the dog-eat-dog international economy. A Harvard Business School Professor Porter is one of the most respected & innovative economists of his time . Author of 15 books, he advises elected officials & business leaders in all parts of the world. Competition contains 13 of his best articles over the past 15 years, including two new ones. The essence of Porter’s message is that each company, country & any person may thrive on competition in brutal master international & national economies. Competition is the key into excellence. Worried about losing your job or outdated for your services? Porter believes that a little fear is something for everyone. “Companies that value stability, loyal customers, dependent suppliers & sleeping competition invite laziness & ultimately failure,” he writes in his 1990 study & essay “The Competitive Advantage of Nations” is. Porter, a longtime critic of the actual thinking of Wall Street that often stifles competition & hurts the economy. In “Capital Disadvantage: America’s Otherwise Capital Investment System”, he calls for much lower capital gains rates for people who invest long term. He also calls for investors & companies are starting into jointly think. He claims that pension funds & institutional investors should have a greater say over the companies that own them into receive. It’s crazy, company leaders have, with little experience or financial interest in the company, he writes.
Porter often unconventional & asserts that businessmen should be. In his essay, “Green & Competitive” he shows little sympathy for companies that complain about environmental regulations. rules into protect the environment never into strangle enterprise – they can increase productivity even with the right attitude & approach. Rhone-Poulenc, a French chemical & pharmaceutical company, proved this when they burn, stopped a certain by-product & began selling it as an additive for paints & tanning. Readable & provocative, competition is key for business, government & world financial leaders as well as little business people & investors. – Dan Ring
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Tags: Football, Management, Marketing, sales, Soccer, StarSpangled
July 29th, 2010 at 11:18 am
Review by Gerard Kroese for On Competition
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Michael E. Porter is a Harvard Business School professor and a leading authority on competition. This book consists of three parts – Competition and Strategy: Core Concepts, The Competitiveness of Locations, and Competitive Solutions to Societal Problems – and each of these parts consists of 4-to-5 Harvard Business Review articles which were published between 1979 and 1998. “The study of competition, in its full richness, has preoccupied me for two decades.”In Part I, the five HBR articles outline Porter’s strategic concepts. “I have sought to capture the complexity of what actually happens in companies and industries in a way that both advances theory and brings theory to life for practitioners. My goal has been to develop both rigorous and useful frameworks for understanding competition that effectively bridge the gap between theory and practice.” In the 1979-article ‘How Competitive Forces Shape Strategy’, Porter introduces the monumental five competitive forces (from existing competitors, new entrants, customers, suppliers, substitution). This article has had an extensive impact on the field of strategy and is still a starting point for strategic management at any MBA-course. ‘What is Strategy?’ was published in 1996 and is, in my opinion, a reply to all the critics of his frameworks and models. The 1985-article ‘How Information Gives You Competitive Advantage’, Porter and co-author Victor Millar write how information technology influences competition. The current impact of Internet and e-commerce provide excellent examples for this article. In the 1993-article ‘End-Game Strategies for Declining Industries’, Porter lines up with Kathryn Rudie Harrigan to discuss the last stage/final phase of a industry. This articles is largely based on Harrigan’s 1980 book ‘Strategies for Declining Businesses’ and is a chapter in Porter’s 1980-book ‘Competitive Strategy’. Part I is finalised with the magnificent ‘From Competitive Advantage to Corporate Strategy’. This article is truly a classic and discusses the radical rethinking of corporate strategy. “Corporate strategy is what makes the corporate whole add up to more than the sum of its business parts.” This article is the basis of his book ‘Competitive Advantage’.In Part II, Porter kicks off with ‘The Competitive Advantage of Nartions’, which is also one of the titles of his books. In this 1990-article Porter argues that in a world of increasingly global competition, nations have become more, not less, important. In ‘Clusters and Competition’ (1998), Porter expands on the theme and discusses the new economics of competition – clusters. “A Cluster is a geographically proximate group of interconnected companies and associated institutions in particular fields, linked by commonalities and complementarities.” Examples are the Italian fashion industry, the California Wine cluster, Silicon Valley’s venture capital industry, and Massachusetts IT industry. In the next article, ‘How Global Companies Win Out’ (1992), Porter, Thomas Hout and Eileen Rudden discuss what a global industry is and how global companies can win out. In the next article, ‘Competing Across Locations’ (1995), returns on this subject and provides additional insights on global strategy, including a general framework.Part III includes the latest works of Porter. Porter discusses environmental regulation and competition (‘Green and Competitive’, 1995), with a great case study of the Dutch flower industry, and the impact of these regulations on competition and industries. In the next article (‘The Competitive Advantage of the Inner City’, 1995), Porter introduces the economic distress of America’s inner cities, whereby “the real need – and the real opportunity – is to create wealth” . In the 1990s, Porter also turned more towards government institutions. He discusses the American health care (‘Making Competition in Health Care Work’, 1994) and, the according to Porter, America’s failing capital investment system (‘Capital Disadvantage’, 1992).The advantage of this book is that it provides the a quick insight into the ideas and essential points of Porter’s books ‘Competitive Strategy’, ‘Competitive Advantage’, and ‘Competitive Advantage of Nations’. Part I and Part II are now essentials in the field of strategy and competition with fantastic frameworks and models. Part III are Porter’s latest articles and discuss the connection between social issues and competition. A great book that is good to read (simple US-English).
July 29th, 2010 at 11:58 am
Review by Craig Matteson for On Competition
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This book is a collection of essays and articles by Michael Porter alone or with others. Most of them are collected from his writings in the Harvard Business Review although two are new to this book. Think of this as a “Porter’s Greatest Hits” kind of thing. That is a bit misleading because his HBR articles are not exactly the same thing as his Competitive Advantage books although the topics are definitely related.The essays are grouped into three broad sections: 1) Competition and Strategy: Core Concepts, 2) The Competitiveness of Locations, and 3) Competitive Solutions to Societal Problems. Will you find each article of the same high quality? Probably not (again, like a greatest hits collection), but you will find them informative and thought provoking. It is impossible to study for an MBA nowadays without invoking “Porter’s Five Forces” in your discussions of competitive and marketing strategy. This book can help add to your thinking and understanding of how every aspect of our life is in some way part of a competitive context and the ways it improves our standard of living. It will also help you improve your thinking in how to best strategize for and participate in competitive situations.It would be a mistake to think that Porter advocates for a Hobbesian nightmare of life being nasty, brutish and short. Rather, he is more or less helping us think through the nature of the way competition arises and how to best think about its sources and how to manage it and the traps to avoid.While Porter’s model is used by some as a hammer that sees everything as a nail, it really needn’t be used that way and, in its proper context, is very helpful.
July 29th, 2010 at 12:17 pm
Review by Ingo Leung for On Competition
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‘Porter On Competition’ is ‘lighter’ to read than his ‘Trilogy’, but it nicely consists the core ideas of his work & how it evolved during the past decades. It provides reader a nice overview about how competitive strategy & competitive advantage are applicable to a wide range of areas: from corporation, industry & nation, to social issues such as health care & environment.
July 29th, 2010 at 1:06 pm
Review by Robert Morris for On Competition
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I read this book when it was first published (in 1979) and recently re-read it prior to reading his most recent work, Redefining Health Care which I will also review in the near future. In the Introduction (which then became the first chapter of Competitive Strategy, published in 1980), Porter observes that competition “has intensified over the last decades, in virtually all parts of the world.” That is even more true of competition – especially global competition — during the 27 years since Porter shared that observation. Nonetheless, the core concepts which he and his collaborators rigorously examine remain relevant…indeed, in my opinion, have become even more relevant. Consider these assertions:
1. Competition shapes strategy
2. Successful strategy creates a “fit” among all organizational activities
3. Information can provide a decisive competitive advantage
4. Declining industries require an “end-game” strategy
5. Successful corporate strategy “builds” on three premises: Competition occurs at the business unit level, diversification inevitably adds costs and constraints to business units, and, shareholders can readily diversify themselves.
6. “Moving from competitive strategy to corporate strategy is the business equivalent of passing through the Bermuda Triangle.”
Porter carefully organizes the material within three Parts: First, he focuses on competition and strategy for companies at both the level of a single industry and then for multinational or diversified companies; next, he addresses the role of location in competition; and then he Part III, he addresses some important societal issues (e.g. environment, urban poverty, health care, and income inequality), each of which he asserts – and I wholly agree – is “inextricably bound up with economics and, more specifically, with competition.”
All but two of the articles originally appeared in Harvard Business Review, the exceptions being “Clusters and Competition: New Agendas for Companies, Governments, and Institutions” and “Competing Across Locations: Enhancing Competitive Advantage through a Global Strategy.” In the former, Porter explains his concept of clusters, clusters which are geographic concentrations of firms, suppliers, related industries, and specialized institutions that occur in a particular field in a nation, state, or city. In the latter, Porter brings together the two dimensions of international strategy – location and global networks. As he observes, “The concept of activities, so important to understanding competitive advantage in general terms, provides the basic framework for international strategy as well.”
This is by no means an “easy read” but it will generously reward those who read it with appropriate care. By all accounts, Michael Porter is among the most influential and productive knowledge leaders, justly renowned for his cutting-edge thinking on the subject of strategy formulation and implementation but in this volume and in countless others, he also has much of great value to say about competitive and corporate strategy insofar as their global impact is concerned. That said, many of his greatest concerns are those specifically related to the U.S. economy. Hence the importance to me of what he and his collaborators (Claas van der Linde, Elizabeth Olmsted Teisberg, and Gregory B. Brown) have to say in Part III: “Competitive Solutions to Societal Problems.”
Those who share my high regard for this volume are urged to check out Porter’s other works as well as two recently published books: Kenichi Ohmae’s The Next Global Stage and C.K. Prahalad’s The Fortune at the Bottom of the Pyramid.
July 29th, 2010 at 2:01 pm
Review by Whitney R. Tilson for On Competition
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This is a brilliant collection of Michael Porter’s work and should be the first stop for anyone interested in competition, competitive strategy, and competitive advantage. For nearly three decades, Porter has been the leading thinker in this area, and On Competition publishes his 11 greatest articles on this subject–plus two new ones–and an introduction that ties all of his work together.From his early work on competition among companies and within industries to his later work on the competitive advantage of locations, to his most recent work on competitive solutions to societal problems such as the distress of inner cites, On Competition covers it all in a clear, easy-to-follow sequence.