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Understanding Michael Porter: The Essential Guide to Competition and Strategy | [Joan Magretta]

Understanding Michael Porter: The Essential Guide to Competition and Strategy

Michael Porter’s groundbreaking ideas on competition and strategy have unfolded over three decades and are spread across a dauntingly long list of publications. Every manager can name individual pieces of his work - competitive advantage, the value chain, five forces - but no one, not even Porter himself, has put the entire puzzle together to reveal it as an integrated whole. This lucid, concise audiobook does just that. This book provides an engaging summary of Porter’s ideas and an invaluable synthesis of this important body of work....
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Publisher's Summary

A Distillation of The Most Important Business Thinking of Our Time

Michael Porter’s groundbreaking ideas on competition and strategy have unfolded over three decades and are spread across a dauntingly long list of publications. Every manager can name individual pieces of his work - competitive advantage, the value chain, five forces - but no one, not even Porter himself, has put the entire puzzle together to reveal it as an integrated whole. This lucid, concise audiobook does just that. Written with Porter’s full cooperation by Joan Magretta, his former editor at Harvard Business Review, this book provides an engaging summary of Porter’s ideas and an invaluable synthesis of this important body of work, making clear how each of Porter’s powerful concepts relates to the others and, most important, to the practical realities managers face.

Modern thinking about competition and strategy begins with Porter’s frameworks. They are the most widely used in practice by managers around the world. But as Magretta points out, Porter is often misunderstood and his frameworks misapplied. Magretta’s own wide-ranging business experience allows her to identify the most common of these misconceptions - among them, the deeply held but dangerous belief that competition is about being the best. Understand Porter and you will see why competing to be the best sparks an inevitable race to the bottom.

Understanding Michael Porter will enable all leaders throughout any organization to grasp Porter’s seminal ideas about competition and strategy and deploy them to achieve competitive success.

©2011 Joan Magretta (P)2011 Gildan Media Corp

What Members Say

Average Customer Rating

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Performance
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  •  
    Jeff 03-26-15
    Jeff 03-26-15
    ratings
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    "Worth the time, but do listen to the sample."
    If you could sum up Understanding Michael Porter in three words, what would they be?

    Succinct, Clear, Useful


    What did you like about the performance? What did you dislike?

    The narrator does have a style that's a little less than totally enjoyable. But if you can handle the sample, the info is worth it.


    Any additional comments?

    If you're too busy to read his books and articles that updated theories from the books, this is the book for you. A summary of Porter isn't for the casual observer, but it the author does a good job of making it accessible.

    0 of 0 people found this review helpful
  •  
    Eben V Pelcyger Boulder, CO United States 02-08-15
    Eben V Pelcyger Boulder, CO United States 02-08-15 Member Since 2013
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    "if you love Porter's work, you'll enjoy this book"

    excellent summary of Porter's body of work. I listen to it regularly when thinking about strategic issues

    0 of 0 people found this review helpful
  •  
    Barkan Saeed 09-29-14 Member Since 2014
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    "Excellent book and must listen for Managers"
    Which scene was your favorite?

    All stores which tell what strategy is not..


    Was this a book you wanted to listen to all in one sitting?

    I have listened to this book three times but most of the time in chunks


    Any additional comments?

    The book was great but Joan is a poor narrater and it is very difficult to understand him

    0 of 0 people found this review helpful
  •  
    K. Mozingo Charlotte Hall, MD 04-08-14
    K. Mozingo Charlotte Hall, MD 04-08-14 Member Since 2013

    addicted to reading

    ratings
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    4
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    Story
    "Just awful narration"
    What could have made this a 4 or 5-star listening experience for you?

    A different narrator. His pronunciation was so awful, it was a distraction.


    Has Understanding Michael Porter turned you off from other books in this genre?

    The problem is, because of the odd narration, I do not understand Michael Porter.


    Who would you have cast as narrator instead of Erik Synnestvedt?

    Almost anyone


    You didn’t love this book... but did it have any redeeming qualities?

    I have no idea. I can't listen to it


    Any additional comments?

    Yes, get another narrator then let everyone who attempted to listen to this version have it free. This is valuable information ... That I don't have although I paid for it.

    0 of 0 people found this review helpful
  •  
    Francisco 04-10-13
    Francisco 04-10-13 Member Since 2013

    Co-Founder, and VP of We Are Communitie, inc. The mission of helping strengthening our communities businesses, non-profits, and education system by rebuilding how marketers market, and consumers purchase. I'm also an avid cook, mountain biker, surfer, love of movies with "Star" in the title, a gadget freak, and thankful to God daily of my lovely family, friends, and the opportunities given before me.

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    "Even if your good, this book will make you better"

    Joan reaches between the lines of Porters work. Providing specific examples, view points, insights, and how to's. I say how-to loosely. Her discussions and points of question are more of a frame work that can be modified to meet the specific needs of individual industries. The author also challenges previous perceptions, and miss understandings of Porters work in relation to competition, profit, growth, and strategy. This book is well worth the time to read or listen too. The only negative, is the author refers to work sheets within a chapter designed to aid and compliment points of the discussion that are not available through Audible's download.

    0 of 0 people found this review helpful
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