Understanding Competition & Strategy
To understand strategy—what it is, why it’s important, and how to develop a successful one for any organization—you must begin with understanding competition. For more than three decades, Harvard Professor Michael Porter has been developing and refining the essential frameworks that explain how competition works and its implications for strategy in business, government, and society.
What is Strategy?
Strategy explainedStrategy frameworks
The Five Forces, the Value Chain, and other essential frameworks.
Strategy FrameworksCreating a successful strategy
How to deliver unique value and drive continuous improvement in any organization.
Creating a successful strategyStrategy and Smart, Connected Products
Three waves of IT-driven competition have radically reshaped competition in the past 50 years. Now, in the third wave, IT is becoming an integral part of the product itself. “Smart, connected products” are expanding and transcending industry boundaries, disrupting value chains, altering industry structure, and raising a new set of strategic choices for competitors.
Strategy and ITAbout Michael Porter
Learn more about Michael Porter and his role in creating the modern strategy field.
About Michael Porter