Found 48 article(s) for author 'Michael Porter'

How Companies Can Enrich Shareholders—and the Planet

How Companies Can Enrich Shareholders—and the Planet. Michael Porter, August 20, 2015, Opinion. “A quiet corporate revolution is underway: Companies are beginning to compete to change the world for the better. The drive for profit, often criticized for coming at society’s expense, is driving and enabling solutions to many of the world’s most challenging problems. For decades many companies ignored the social and environmental consequences of their activities. They saw their main responsibility as delivering returns to shareholders and viewed their obligations to society narrowly, as “giving back” through philanthropy…” Link

Tags: ,

America’s Unconventional Energy Opportunity

America’s Unconventional Energy Opportunity. Michael Porter, June 10, 2015, Paper. “Unconventional gas-and-oil resources are perhaps the single largest opportunity to improve the trajectory of the U.S. economy, at a time when the prospects for the average American are weaker than we have experienced in generations. America’s new energy abundance can not only help restore U.S. competitiveness but can also create geopolitical advantages for America. These benefits can be achieved while substantially mitigating local environmental impact and speeding up the transition to a cleaner-energy…Link

Tags: , , , , ,

Why Social Progress Matters

Why Social Progress Matters. Michael E. Porter, April 9, 2015, Opinion. “Economic growth has lifted hundreds of millions of people out of poverty and improved the lives of many more over the last half-century. Yet it is increasingly evident that a model of human development based on economic progress alone is incomplete. A society which fails to address basic human needs, equip citizens to improve their quality of life, protect the environment, and provide opportunity for many of its citizens is not succeeding. Inclusive growth requires both economic and social progress. The pitfalls of focusing on GDP alone are evident in the findings of the 2015 Social Progress Index, launched on April 9...” Link

Tags: , ,

A wake-up call for tomorrow’s top 1 percent: rebuild America’s middle class

A wake-up call for tomorrow’s top 1 percent: rebuild America’s middle class. Michael E. Porter, March 26, 2015, Opinion. “It’s time to transform America’s business culture.  Who will be tomorrow’s 1%? Many of those who will be America’s wealthiest individuals in 2030 and beyond are graduating today from professional schools and PhD programs, starting their first companies, reporting for duty in management development programs, or joining private equity firms and hedge funds. They and their peers constitute tomorrow’s business leadership. The greatest economic and social challenge facing their generation is far different from that of prior generations: they must put America on a path toward shared prosperity…” Link

Tags: ,

Clusters and the Great Recession

Clusters and the Great Recession. Michael E. Porter, February 23, 2015, Paper. “This paper evaluates the role of clusters in the resilience of regional employment to economic downturns. Agglomeration economies arise in regions specialized in clusters (groups of closely related and complementary industries operating within a particular region), and could mitigate the effects of economic recessions. However, an alternative hypothesis is that cluster specialization could propagate negative shocks among related industries, increasing the impact of recessions. This paper explores these issues over the period of the Great Recession...” Link

Tags: , ,

Divergence is the Narrative of U.S. Economy: Porter

Divergence is the Narrative of U.S. Economy: Porter, Michael Porter, January 22, 2015, Video. “Harvard Business School Professor Michael Porter talks with Tom Keene about the state of the U.S. economy and the challenge of income inequality. He speaks from the World Economic Forum in Davos, Switzerland on “Bloomberg Surveillance.”” Link

Tags: ,

How Smart, Connected Products Are Transforming Competition

How Smart, Connected Products Are Transforming Competition. Michael Porter, November 1, 2014, Paper. “Information technology is revolutionizing products. Once composed solely of mechanical and electrical parts, products have become complex systems that combine hardware, sensors, data storage, microprocessors, software, and connectivity in myriad ways. These “smart, connected products”—made possible by vast improvements in processing power and device miniaturization and by the network benefits of ubiquitous wireless connectivity—have unleashed a new era of competition…Link


Tags: , ,

Average American Wages Moving In ‘Wrong Direction’

Average American Wages Moving In ‘Wrong Direction’. Michael Porter, October 7, 2014, Audio.  “Morning Edition Host Bob Seay interviews Professor Michael Porter from Harvard Business School about income inequality.  Porter completed his annual survey of HBS Alumni who are running businesses around the world. Porter says large businesses are doing well, but American workers are going “nowhere”…” Link

Tags: , ,

Rhode Island Enacts Significant Tax Reforms

Rhode Island Enacts Significant Tax Reforms. Michael Porter, October 2014, Paper. “Rhode Island Governor Lincoln Chafee recently signed into law the fiscal 2015 Budget, Bill No. H 7133 SUB A as amended (H.B. 7133). The new law substantially modifies and reforms various aspects of the Rhode Island Tax Law. For tax years beginning on or after Jan 1, 2015, Rhode Island will require each C corporation that is a part of a unitary business with one or more corporations to file a combined report. Any corporation not incorporated in the US (non-US corporation) is excluded from the combined group if the sales factor of such…” Link

Tags: , ,

Harvard Study Warns Business Community Of Economic Inequality Risks

Harvard Study Warns Business Community Of Economic Inequality Risks, Michael Porter, September 18, 2014, Audio. “We’ve heard about the risks that come with the growing gap between the rich and poor from all the usual suspects — Senator Elizabeth Warren, President Obama, Warren Buffett, and more. But now, the voices warning us about the dangers of economic inequality are starting to come out of the deep trenches of the business community — from the CEO and chairman of the investment banking firm Goldman Sachs and the ivy-league towers at Harvard Business School…” Link

Tags: , ,