Professor Porter, the author of 17 books and over 125 articles, is a leading authority on competitive strategy and the competitiveness and economic development of nations, states, and regions. Porter serves as the Chair of … 4 Joseph Cortright, Making Sense of Clusters: Regional Competitiveness and Economic Development (The Brookings Institution, March Yet it is increasingly evident that a model of human development based on economic progress alone is incomplete. & Kramer, M.R. regional economy and the development of economic geography, giving economic thought a new impetus. He is a University Professor at Harvard Business School. Michael Porter’s research and frameworks on competitiveness and economic development grew out of his seminal work in corporate strategy. Kim JY, Rhatigan J, Jain SH, Weintraub R, Porter ME. 1, June), 89–120. This new direction of economy, which included geography as a science, mostly dealt with the issue of competitiveness. (2011). Location, Competition, and Economic Development: Local Clusters in a Global Economy Show all authors. Michael Porter created Porter’s five forces analysis, which is instrumental in business strategy development. and nations. Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. This process can be described as a sequence of stages, each with a different set of economic characteristics and challenges. A Critique of Porter's Theory of National Competition as Applied to Canada, New Zealand and Australia," Australian Journal of Management, 17 (No. View michael porter’s profile on LinkedIn, the world’s largest professional community. Strategy is also an essential tool for leaders of cities, states, regions and nations. The private economic sector should be the leading economic sector in the economic development. His book, Redefining Health Care (written with Elizabeth Teisberg), develops a new strategic framework for transforming the value delivered by the health care system, with implications for providers, health plans, employers, and government, among other actors. 4 (2000): 303–25; Michael Porter, “The Economic Performance of Regions,” Regional Studies 37, no. Porter, M.E. [4], Porter stated in a 2010 interview: "What I've come to see as probably my greatest gift is the ability to take an extraordinarily complex, integrated, multidimensional problem and get arms around it conceptually in a way that helps, that informs and empowers practitioners to actually do things. "Applying the Care Delivery Value Chain: HIV/AIDS Care in Resource Poor Settings. [13], Porter has been criticized by some academics for inconsistent logical argument in his assertions. Also, learn more about the "Microeconomics of Competitiveness" (MOC) course led by Michael Porter and offered at Harvard and 100+ affiliated universities around the world. "Delivering Global Health". Abstract. [6] This scorecard rated the U.S. on a comprehensive set of metrics; overall, the U.S. placed 16th.[7]. michael has 9 jobs listed on their profile. (2006) "Strategy and Society: The Link Between Competitive Advantage and Corporate Social Responsibility". See Competitiveness Profiles for Each U.S. State, by Mercedes Delgado, Christian Ketels, Michael E. Porter and Scott Stern, Copyright © President & Fellows of Harvard College, The Determinants of National Competitiveness, State Competitiveness: Creating an Economic Strategy in a Time of Austerity, National Governors Association Winter Meeting. He was on the NCAA championship golf squad at Princeton and also played football, baseball and basketball growing up. To check availability and speaker fee for Michael Porter contact Promotivate Speakers Agency International on +442078711829 or ask@pro-motivate.com Competitive advantage. (2001) "Strategy and the Internet". The book received the James A. Hamilton award of the American College of Healthcare Executives in 2007 for book of the year. Why are some nations or regions more prosperous than others? What conditions enable global corporations or local businesses to innovate and grow? Bishop William Lawrence University Professor, Learn how and when to remove this template message, "Michael Porter on Creating Competitive Advantage for Yourself", http://onlinelibrary.wiley.com/doi/10.1002/smj.4250121008/abstract, http://onlinelibrary.wiley.com/doi/10.1002/(SICI)1097-0266(199707)18:1%2B%3C15::AID-SMJ916%3E3.0.CO;2-1/abstract, "How Smart, Connected Products are Transforming Competition", How Smart, Connected Products are Transforming Companies", Why Every Organization Needs an Augmented Reality Strategy", Why Competition in the Politics Industry is Failing America, "Clinical Registries: The Opportunity For The Nation. He received an MBA with high distinction in 1971 from Harvard Business School, where he was a George F. Baker Scholar, and a PhD in business economics from Harvard University in 1973. no. MICHAEL PORTER: CONTRIBUTIONS Intellectual Leader in Modern Competition and Strategy Objective Focus: How Firms and Nations can build Competitive Advantage and Strategy Redefined Thinking about: Competitiveness Economic development Economically distressed urban communities Environment policy Role of Corporations in Society 18 Books and 125 articles … Understand the key concepts of national competitiveness, business environment quality, clusters, stages of development, roles of government, and economic strategy. ", “Retrospective: Michael Porter's Competitive Strategy.”, This page was last edited on 10 January 2021, at 23:08. Porter [citation needed] He also plays an active role in U.S. economic policy, working with the Executive Branch and with Congress, and has led national economic-strategy programs in numerous[quantify] countries. engage all stakeholders, boost innovation All over the world these terms quickly bring to mind the groundbreaking work of HBS professor Michael Porter, whose two decades of research on these and related topics have resulted in more than fifteen books and sixty articles.Much of Porter's thinking originally appeared in the pages of the Harvard Business Review. Porter has devoted considerable attention to understanding and addressing the pressing problems in health care delivery in the United States and other countries. and ultimately improve productivity are Michael is Honorary Research Professor of Public Policy at the Centre for Regional and Rural Futures within Deakin University. He also currently serves on the Board of Trustees of Princeton University. In addition to his research, writing, and teaching, Porter serves as an advisor to business, government, and the social sector. strategy. Explore this content in two tracks: Frameworks & Key Concepts or Research & Applications. Michael Porter who has “developed one of the most. Competitiveness is the only way to achieve sustainable job growth, improve wages, and raise the standard of living—yet the real meaning of competitive advantage is poorly understood. Michael Eugene Porter is an academic known for his theories on economics, business strategy, and social causes. A six-time winner of the McKinsey Award for the best Harvard Business Review article of the year, Professor Porter is the most cited author in business and economics. The competitive advantage of nations. Michael E. Porter. Porter’s research on the economic development of the inner cities of America spearheaded the founding of a nonprofit initiative (termed The Initiative for a Competitive Inner City). to set policies that sap economic growth…. A six-time winner of the McKinsey Award for the best Harvard Business Review article of the year, Professor Porter is the most cited author in business and economics. Harvard Business School See all articles by this author. A Re-Appraisal of Competitive Strategy," Marketing Intelligence and Planning, 7 (5/6), 8–11. Porter, M.E. Porter, M.E. Book or check speaking availability for Michael Porter, economist & the world’s leading authority on Business Strategy and international competitiveness. [14] Critics have also labeled Porter's conclusions as lacking in empirical support and as justified with selective case studies. Michael Eugene Porter (born May 23, 1947)[2] is an American academic known for his theories on economics, business strategy, and social causes. "The Arab Spring of 2011 and the challenges in Mexico over the last decade, have illustrated the shortcomings of economic growth as a proxy for social progress," says Porter. Spender, J.-C., & Kraaijenbrink, Jeroen. ... CEDA - Committee for Economic Development of Australia Jun 1998 - Jun 2011 13 years 1 month. Clusters: the Link Between Competitive Advantage and corporate Social Responsibility '' corporate ''! Advantage and corporate Social Responsibility '' issue of competitiveness and successful economic development of Clusters of michael porter economic development! Successful economic development: local Clusters in a global economy in Porter 's five analysis! Delivery Value Chain: HIV/AIDS Care in Resource Poor Settings? `` and as justified with selective case Studies support! On business Strategy development and Society: the Link Between Competitive Advantage and corporate Social ''! 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