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
Great material on competitive strategy. Unfortunately it was very difficult to tolerate the way the narrator finished the sentences. I almost stop listening. Using a kindle or nook woud be the way to go.
Overall I found this book well written and interesting. It gives the reader a quick and clear understanding of Porter's theories.
great content, frustratingly articulate voice actor, especially the word strategy.. sorry to make it person but it was piercing my ears..
The narrator is really really really infuriating with his Narration specially with his inflections at the end of every sentence. The content is mediocre.
Michael Porter is one of the most influential business thinkers of the past 40 years. His thinking on the Five Forces and other aspects of both competitive and business strategy are widely studied and used across the world. That said, Dr. Porter's writing IS academic and he has expanded and revised some of his older thinking. The author of this book is a fellow academic and (dare I say?) protege of Dr. Porter.
She has done a masterful job of making his work more accessible and easier to understand PLUS she's indicated when he has revised his thinking over the years. Invaluable book if you want to apply Dr Porter's analytical templates to your business.
The voice artist was clear and easy to understand. I listen to my books at about 1.25 speed and even at the higher speed he was easy to follow.
Why do publishers keep hiring Erik Synnestvedt? His reviews are universally negative so why is he still reading books for Audible? He's ruining excellent books like this. Text-to-speech is getting really good. Audible's competitive advantage is excellent narrators. Bad narrators can easily be replaced with text-to-speech and erode any competitive advantage that Audible has. Please invest in good narrators.
This is a great review of Porter on strategy. But the narrator has a very annoying voice. Next time I'll buy the book and read it for myself.
Succinct, Clear, Useful
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.
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.
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