Podcast appearances and mentions of Michael E Porter

American voters have never been more dissatisfied. Unlike in business, where more competition promotes accountability and innovation, our political system only allows for two competitors. For most voters, America's two-party system makes elections more about defeating the other side than solving problems and delivering. Katherine Gehl proposes Final-Five Voting, where five candidates advance from a nonpartisan primary and then are ranked, to promote competition and ensure representatives are accountable to a majority of voters. Katherine Gehl is a leader in the national nonpartisan movement for political innovation and the founder of The Institute for Political Innovation. A philanthropist and former CEO, she examines America's political system through an industry-competition lens to better understand its biggest problems and to identify achievable solutions. Her book, The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy (2020), cowritten with Michael E. Porter, has changed the national reform community's approach to modern political change. https://political-innovation.org/ https://store.hbr.org/product/the-politics-industry-how-political-innovation-can-break-partisan-gridlock-and-save-our-democracy/10367

In this episode, Scott discusses a concept from Michael E. Porter.

In this episode, Scott discusses a concept from Michael E. Porter.

This week on Econ 102, Noah Smith and Erik Torenberg explore several aspects of Japan's work system, culture, economy, and more, including the seniority promotion system, globally perceived homogeneity, economic transformation, and immigration trends. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout. Noah highlights Japan's past and current corporate cultures, how working and gender roles have evolved, and his personal journey, explaining how he fell in love with Japan's culture and its transitions over time. We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com. Sponsors: NETSUITE NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform head to NetSuite http://netsuite.com/102 and download your own customized KPI checklist. – Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co – LINKS: 'Weebs!' by Noah Smith: https://www.noahpinion.blog/p/weebs 'Car Wars' by Noah Smith: https://www.noahpinion.blog/p/car-wars ‘Can Japan Compete' by Michael E. Porter: https://www.amazon.com/Can-Japan-Compete-Michael-Porter/dp/0465059899 X / TWITTER: @eriktorenberg (Erik) @noahpinion (Noah) @Econ102_Podcast (Econ 102) @TurpentineMedia (Turpentine) TIMESTAMPS (00:20) Episode Preview (02:15) Why Noah loves Japan (05:06) The evolution of Japan's economy and culture (08:54) Japan's manufacturing industry (18:42) SPONSOR: NETSUITE (20:23) The impact of Korea and China on Japan's manufacturing (27:03) The fall of Japan's industrial policy and its impact (28:57) Reforming Japan's corporate culture (30:28) The impact of age hierarchies in Japanese corporations (31:58) The need for hybrid work in Japan (33:59) Japan's Internationalization and export promotion (40:22) The shift in Japan's immigration policy (48:47) The legacy of Shinzo Abe and his impact on Japan (55:22) The rise of tourism in Japan

Katherine Gehl is the founder of The Institute for Political Innovation and co-author of “The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy,” with Harvard Business School professor Michael E. Porter. She is the architect and evangelist of a new approach to elections called "Final Five Voting" that she says it will help solve many of the problems in Washington by changing the incentives that guide our elected officials. On today's RCP Takeaway podcast, Gehl joins RealClearPolitics bureau chief Carl Cannon and moderator Andrew Walworth to discuss how our electoral system affects decision-making by public officials and whether Final Five Voting can change American politics for the better.

¿Cuáles son los principales factores que debo considerar para crecer y no quebrar en el intento?, ¿Sabías que no debemos crecer por crecer debemos poseer una estrategia clara del porqué crecer? O ¿cuáles son las principales estrategias que puedo usar para crecer física y digitalmente en mis ventas? En este episodio de la serie “5x5 5 aprendizajes de los 5 mejores libros” hablaremos de los libros que relacionados al tema de modelos de crecimiento para tu negocio que son: ·         "Estrategia competitiva: técnicas para analizar industrias y competidores" por Michael E. Porter ·         "Jugar para ganar: cómo funciona realmente la estrategia" por A.G. Lafley y Roger L. Martin ·         "Cero a Uno: Notas sobre Startups, o cómo construir el futuro" de Peter Thiel y Blake Masters ·         "El Arte del SEO: Dominar la Optimización de Motores de Búsqueda" por Eric Enge, Stephan Spencer y Jessie Stricchiola ·         "Tracción: cómo cualquier startup puede lograr un crecimiento explosivo de clientes" por Gabriel Weinberg y Justin Mares

Business Rules - BRT S04 EP21 (183) 5-21-2023     What We Learned This Week We are the Average of the 5 People we Spend the most Time with.  80/20 Principle – know what levers to pull What Business Are You In? – Business need to Understand what their real Objectives are, How they Serve their Customers, What Problem they Solve   Disruption - History never repeats itself, but it often rhymes A good plan violently executed now is better than a perfect plan executed next week Marketing needs Clear Messaging Information + Contacts = Means Everything in Business to get the Deal     Just like there are Laws in Physics, there are Rules in Business. Violate them at your peril….   Rule #1: You Are Who You Associate With Jim Rohn famously said that we are the average of the five people we spend the most time with.  Care full who you let into your inner circle. Take advice from those who have accomplished what you seek.   Rule #2: 80/20 Principle Focus – what are your priorities?   Leverage Dominos – there are usually just a few key moves to create success Learn to Say ‘No', choose wisely what you spend time on     Rule #3: What Business Are You In? https://www.linkedin.com/pulse/what-business-you-matthew-battaglia/ ‘What Business Are You In?' This the famous question from the classic business consultant, Peter Drucker. This was one of Drucker's key questions for management to figure out, the who, what, where, why and how of their business. The point of the question was to really challenge business owners to understand what their real objectives are. Don't assume you know what business you're in. Drucker loved to ask executives “What business are you in?” because they often missed the mark, defining their organization in terms that were too narrow or not properly attuned to customers' needs.   https://www.youtube.com/watch?v=uxCL2RqCuiY The Founder Real Estate Business Scene  "You don't seem to realize what business you're in," Harry Sonneborn says to Ray Croc. "You're not in the burger business. You're in the real estate business." Kroc can't build an empire off a 1.4 percent cut of a 15-cent hamburger. Own the land that the burger is cooked on. "Land. That's where the money is."     Marketing Myopia – thinking short term, and putting the business needs before the customers   Rule #4: Disruption - History never repeats itself, but it often rhymes Business have Market Cycles, when they are on top one day, and displaced by new industries the next. You have to see around the corner and anticipate if the train is coming. Innovator's Dilemma – afraid to shelf old tech because it is your core business right now, for new tech which is the long term future Black Swan Events are rare events that upend everything     When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact. Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks. Quotes by Warren Buffett   Rule #5: Strategy Needs Execution Without strategy, execution is aimless. Without execution, strategy is useless. - Morris Chang. Strategy plus blocking and tackling A good plan violently executed now is better than a perfect plan executed next week. – George Patton "The essence of strategy is choosing what not to do." — Michael E. Porter, American  economist and founder of strategic management     Rule # 6: Cash is King This phrase is used to analyze the financial health of a business. Does it have Cash Flow and growing profits to handle any downturns. Startups often need a lot of cash as they are not profitable yet. Burn Rate is the term for when a startup is blowing thru cash and could go out of business. Business' need access to capital and credit lines, to handle situations or when opportunities for investment come along. https://en.wikipedia.org/wiki/Cash_is_king       Rule # 7: Everything in Life is Sales Sales and Marketing How you represent your business, how the receptionist answers the phone, what the lobby looks like, the layout of marketing material or affect how people view your business.   Entrepreneur needs to be the best salesman in his company, who tells the story Marketing needs clear messaging as confusion is the enemy of sales     Bonus Rule – Follow the $ People vote with their wallets, what are they spending money on, what are people investing in, follow the actions, not the words To Get the Deal, You have to Know the People in the Deal. Information + Contacts = Everything in Business     BRT Marketing: HERE BRT Business: HERE   More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

If you read nothing else on the principles and practices that lead to successful digital transformation, read these 10 articles. We've combed through hundreds of Harvard Business Review articles and selected the most important ones to help you reinvent your digital strategy, overcome barriers to change, and win in the continuously connected world. This book will inspire you to: Devise an industry-transforming business model Minimize risk using discovery-driven transformation Leverage torrents of data more strategically Prepare your employees for the future of work Prioritize the right initiatives Compete in the age of AIThis collection of articles includes "Discovery-Driven Digital Transformation," by Rita McGrath and Ryan McManus; "The Transformative Business Model," by Stelios Kavadias, Kostas Ladas, and Christoph Loch; "Digital Doesn't Have to Be Disruptive," by Nathan Furr and Andrew Shipilov; "What's Your Data Strategy?," by Leandro DalleMule and Thomas H. Davenport; "Competing in the Age of AI," by Marco Iansiti and Karim R. Lakhani; "Building the AI-Powered Organization," by Tim Fountaine, Brian McCarthy, and Tamim Saleh; "How Smart, Connected Products Are Transforming Companies," by Michael E. Porter and James E. Heppelmann; "The Age of Continuous Connection," by Nicolaj Siggelkow and Christian Terwiesch; "The Problem with Legacy Ecosystems," by Maxwell Wessel, Aaron Levie, and Robert Siegel; "Your Workforce Is More Adaptable Than You Think," by Joseph B. Fuller, Judith K. Wallenstein, Manjari Raman, and Alice de Chalendar; "How Apple Is Organized for Innovation," by Joel M. Podolny and Morten T. Hansen; and "Digital Transformation Comes Down to Talent in Four Key Areas," by Thomas H. Davenport and Thomas C. Redman.HBR's 10 Must Reads paperback series is the definitive collection of books for new and experienced leaders alike. Leaders looking for the inspiration that big ideas provide, both to accelerate their own growth and that of their companies, should look no further. HBR's 10 Must Reads series focuses on the core topics that every ambitious manager needs to know: leadership, strategy, change, managing people, and managing yourself. Harvard Business Review has sorted through hundreds of articles and selected only the most essential reading on each topic. Each title includes timeless advice that will be relevant regardless of an ever‐changing business environment.

David Aaker serves as the Vice Chairman of Prophet and Professor Emeritus of Marketing Strategy at the Berkeley Haas School of Business. He an inductee of the American Marketing Association Hall of Fame and has written 18 books on brand and brand strategy that has sold over a million copies worldwide. His latest book is The Future of Purpose-Driven Branding: signature programs that impact & inspire both business and society. Learn more about Dave:-        Website -        LinkedIn-        Twitter-        FacebookTop 3 Lessons:1.     Successful disruptive innovation requires branding2.     Only through branding can you align disparate social programs and bring value to the business3.     Follow your interests and curiosity on the way to mastery that's uniqueBONUS:The Future of Purpose-Driven Branding free e-book download Episode website URL:https://www.howiechan.com/blog/podcast-davidaaker-ep8 Resources and mentions:The Future of Purpose-Driven Branding by David Aaker - buy HERE Owning Game-Changing Subcategories by David Aaker - buy HEREBlue Ocean Strategy by Renée Mauborgne and W. Chan Kim - buy HEREThe Innovators Dilemma by Clay Christensen - buy HERECompetitive Advantage by Michael E. Porter - buy HEREAffiliate links – zero cost to you and a little something goes to support the Healthy Brands podcast

What would you say the work-life balance is on the Death Star? This episode follows a path down the Monsanto communications rabbit hole. PRAD majors, get your forks! Come eat! Blender Bluid, Amy Do and I try to answer a key question throughout the episode: do the entry/mid-level Monsanto employees....know? Do they know the vibe? To answer that question, we talk about intra-company communication, PR strategies, and track a story straight out of an episode of a Nev Schulman TV show. Oh, we also break into a lengthy discussion on that Lockheed Martin twitter drama discourse; how much ire is appropriate to direct at somebody who works at an evil mega-company? Follow @BlenderBluid and @HelloAmyDo LIVE SHOW TICKET LINK OCTOBER 1 PLEASE COME! PATREON LINK SOURCES Missouri business groups divided on LGBT-discrimination ban, Summer Ballentine, Fulton Sun 2016 Gay? Transgender? Why You Might Want to Work for Monsanto, Lindsay Toler, RiverFront Times 2018 Monsanto Leading the Way for Women in Leadership, Sara Miller, LinkedIn 2018 The Competitive Advantage of Corporate Philanthropy, Michael E. Porter and Mark R. Kramer, Harvard Business Review 2002 Monsanto Discovers a New Social Media, Wilhelm Peekhaus, International Journal of Communications 2010 Monsanto archived website links: https://web.archive.org/web/20100205155240/http://www.monsanto.com/monsanto_today/for_the_record/default.asp https://web.archive.org/web/20091224173230/http://www.monsanto.com/monsanto_today/for_the_record/monsanto_business_practice_indonesia.asp https://web.archive.org/web/20100524063155/http://www.monsanto.com/monsanto_today/for_the_record/india_farmer_suicides.asp

- To stay in the loop, subscribe to our Newsletter  - To read it as a blog - To watch it as a video Please don't forget to SHARE IT WITH OTHERS! (About 10 Plus Brand: In addition to the “whole 10 yards” of brand building, digital marketing, and content creation for business and personal brands. To contact us: 1-888-288-4533.)   Potentially there will be 10 charges against Trump, including the Espionage Act violation. Q: What weaknesses in our existing system have allowed all these Trump nightmares to happen? How can we improve our system? There are two wake up calls to ALL Americans. I am speaking as an American who loves our democracy, NOT as a partisan voter. It doesn't matter anymore whether the team you identify with is Republican or Democrat, like in a football game, whether you root for 49ers or Green Bay is pointless when the RULES OF THE GAME is going to be disregarded, destroyed, there are no winners or losers - we all lose when elections are no longer fair and honest. The first wake up call: our election system needs some extremely URGENT changes: (1) certification of state election results by PARTISAN secretaries of state: This is a political ticking time bomb, a tinder box. Solution: New federal laws must be passed ASAP to mandate all 50 states' certification process to be checked and balanced by each state's representatives from all political parties, to be live streamed, completely transparent, devoid of any partisanship; (2) gerrymandering: both Democrats and Republicans have committed this dishonest and corrupt gerrymandering, which is a cancer on election integrity. Solution: New federal laws must be passed ASAP to completely ban gerrymandering. (3) rank choice voting! OMG, this is SO important, to truly represent the underrepresented majority in the middle, whose voice is getting drowned by extremes on both the far right and the far left. I previously simplified and explained about rank choice voting in this blog, video, and podcast - it's Part II of “What Caused the Insurrection: the Seven Headed Monster”. For details, please read “The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy”, written by Harvard Business School strategy expert Michael E. Porter, and with a unique business perspective by Katherine M. Gehl, founder of Institute for Political Innovation. (4) Get rid of the electoral college: It is NOT that hard to hold a national referendum! The vast majority of Americans across party lines want to get rid of it. Once the electoral college is gone, we don't need the #1 I mentioned above, since there is no need for state certification checks and balances. ( 5) Remove the Presidential pardon power: it conflicts with the principle of no one is above the law, thus unconstitutional. (6) The presidential power is NOT like that of an imperial king, we must impose checks and balances to limit it in various aspects. (7 ) term limit for Supreme Court Justices, - 18 years. AND more, as listed by Stanford Professor Larry Diamond's call to action in his book: “Ill Winds: Saving Democracy from Russian Rage, Chinese Ambition, and American Complacency”. The second wakeup call: What weaknesses in our system have allowed a con man, a pathological liar, a narcissist psychopath to go this far?   

La Estrategia competitiva de Michael E. Porter transformó la teoría, la práctica y la enseñanza de la estrategia empresarial en todo el mundo. Es un libro fundamental, un clásico que cualquier persona que se dedique a los negocios debería leer. Es un obra reeditada en 60 ocasiones y traducida a 19 idiomas. Innovador por su simplicidad, como los grandes descubrimientos, su análisis de la industria explica la complejidad de la competitividad de la empresa como cinco fuerzas subyacentes. Estrategia competitiva ha ocupado un vacío en el pensamiento de la gestión directiva, dirigiendo sus enseñanzas hacia la pregunta sobre cómo las empresas logran una rentabilidad superior, la rica y perspicaz teoría de Porter comprende una sofisticada visión de la competencia, no superada en el último cuarto de siglo. Principales ideas de ‘Estrategia Competitiva’ de Michael Porter: Una estrategia competitiva sólida se basa en una sólida comprensión del entorno de la industria. • Las industrias dispares comparten rasgos estructurales comunes y están abiertas a la comparación. • La competencia reducirá los rendimientos a la suma de la tasa de rendimiento libre de riesgo más el riesgo de pérdida de capital. • Para lograr rendimientos superiores, las empresas deben establecer una posición sólida basada en la fortaleza de la marca, el liderazgo en costos y el enfoque (como un nicho de mercado). • Cinco factores determinan su estrategia: proveedores, competidores, clientes, sustitutos de su producto y grado de competencia en el mercado. • Leer las señales del mercado es importante, al igual que saber cuándo son falsas o engañosas. • Los competidores de un oligopolio se encuentran en el dilema del prisionero. • No todos los clientes son buenos; las empresas deben seleccionar a sus compradores con cuidado. • Las industrias pueden evolucionar, volverse globales, pasar por transiciones, fragmentarse o declinar; una estrategia sólida debe reconocer la etapa evolutiva de su industria. • La mayoría de las industrias se pueden «mapear» en subsecciones o grupos de competidores que compiten

Our guest on Episode 6 of the For Love & Money podcast is Shared Value Project CEO, Sarah Downie.   Sarah is an accomplished executive and strategist, with a particular talent for transforming, leading and activating purpose-led organisations.   As CEO for the Shared Value Project Australia and New Zealand (SVP), she builds on 20 years' experience in the for-profit and not-for-profit sectors to champion a better future for business and society collectively, through shared value. Driven by the belief that corporate assets, resources and innovation can unlock unrivalled social progress – whilst increasing business prosperity and sustainability – Sarah is committed to advancing a new kind of capitalism; fit for the times.   A member of the Shared Value Global Steering Committee, she directs the SVP team to deliver the evidence, tools, education and inspiration required make this urgent shift. Established in 2014, SVP has grown into a thriving and influential network of members including AIA Australia, IAG, NAB, PwC Australia, Nestlé Oceania and Optus.   This episode is a must listen especially for people working in the corporate sector. Here are just some of the topics we get into: Sarah's journey from brand marketing to the non-profit sector to Shared Value and her awakening about the power of business to create scaleable change Shared Value's story – how it started and the meaning behind the name Co-founders Michael E. Porter and Mark R Kramer's vision of Shared Value. We touch on their 2011 HBR article and it's absolute relevance today 10 years on  Sarah shares some examples of Shared Value companies to demonstrate how Shared Value creates value for society and drives business success and profitability She also shares an example of an initiative coming from a Shared Value approach -  HSBC Hong Kong's “No Fixed Address” product We talk about how the pandemic has changed things fundamentally; how Shared Value organisations are approaching business differently with a whole new mindset on “value” The opportunity and the need for businesses to become collaborators in change “The Purpose Playbook” – Sarah shares Share Valued Project's new initiative which gets into the ‘how' of an organisation's purpose across their strategy and full value chain The power of one individual acting and how it can make extraordinary change    Connect with Sarah: https://www.linkedin.com/in/downiesarah/   Connect with Shared Value Project: https://sharedvalue.org.au

Founders think of competitive advantage in just one dimension which is"How are they different from their competitor's product". In reality, competitive forces are multi-dimensional. In this episode, I have used startup examples to illustrate the other dimensions using Michel E. Porter, the management guru's "Porters Five Forces". A must listen for founders building their pitch decks to convince an investor that they are truly "Competition Proof" --- Send in a voice message: https://anchor.fm/indiastartuptalk/message

Michael E. Porter is one of the most renowned academic thinkers in the field of business strategy. If you've ever studied business (or read publications like Harvard Business Review), you've doubtless come across his thinking and work.Competitive advantage, says Porter, can be derived from two main sources: doing things at lower cost or differentiation.Sustainability has been touted as a form of differentiation – but if every organisation needs to get their environmental house in order to align with emerging policy and public opinion, how can organisations differentiate on these grounds?In his own Harvard Business Review article from 2019, one of this week's guests, Ioannis Ioannou, puts forward the argument that while sustainability can be competitive advantage for some, this will only extend to the organisations going beyond risk management and embedding sustainability in their organisational strategy, leading to new innovation in products and services that provide solutions for consumers and the planet.SailGP is one of the handful of sports properties to have sustainability as a key pillar of its strategy and operations. Its mantra, ‘powered by nature', reflects this. And even though its ambitious net zero carbon strategy (2025) and focus on sustainable development in host cities has won the attention of fans and partners like Tesla, its chief executive Sir Russell Coutts insists that this is not to carve out a competitive advantage – but to be in-step with other leading organisations.In this podcast, Coutts and Fiona Morgan, SailGP's director of purpose and impact, follow up on Ioannou's observations by showcasing their approach to social and environmental leadership, which includes establishing an innovative approach to athlete engagement and competition in the shape of the Impact League.Listen to this episode to discover:– How organisations can adopt a values- and solutions-based approach to sustainability– Why SailGP developed the Impact League alongside its core competition– Whether sustainability leadership can truly create differentiation – or if it should be an aspiration for all

In today's episode, we talk with Dr. Elizabeth Teisberg, co-creator of the concept of value-based health care delivery and executive director of the Value Institute for Health and Care at the University of Texas, and his former professor! She discusses how she and Dr. Michael E. Porter developed the concept of value-based care, why she believes it's the ideal solution for improving outcomes and lowering costs, the misconceptions around value-based care, and much more. Dr. Teisberg also shares why she started the joint Masters of Science in Healthcare Transformation program at the Dell Medical School and McCombs School of Business and who should consider applying for the Master's program.

Much of the MBA-level teaching around strategy focuses on beating the competition. Has that line of thinking been rendered obsolete by the pandemic, to be replaced by a fresh focus elsewhere? Harvard’s Michael E. Porter is well-known for his thought leadership on competitive strategy - finding ways to beat your company’s rivals. Lately, however, his theories deserve a rethink, especially now that the end of COVID’s rampage is in sight. Has his main thrust of focusing on your competitors become obsolete?

Ever heard of Porter's 5 forces? Here is a summary of it along with other models mentioned in the book!

The Politics Industry: Katherine Gehl, a veteran of the public and private sector and the former president and CEO of Gehl Goods, a $250-million high-tech food manufacturing company, is the founder of The Institute for Political Innovation (https://www.political-innovation.org), a nonpartisan nonprofit founded in 2020 to catalyze modern political change in America. She is the co-author with professor Michael E. Porter of Harvard Business School of “The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save our Democracy” (click here). She speaks with host Richard Levick of LEVICK about the Politics Industry Theory, Final Five Voting and how we can innovate to inspire and save a functioning democracy that is bursting at the seams.

L'analisi dei competitor, da effettuare attraverso la Competitive Intelligence, è un'attività articolata da eseguire fissando con attenzione e logica alcune linee guida da seguire per poterla svolgere nel modo corretto. Solo un'attenta analisi dei concorrenti permette sia di emularne i punti di forza, sia di andare a soddisfare le esigenze del mercato che ancora nessuno si è preoccupato di colmare Il primo settore in assoluto a comprendere l'importanza di possedere informazioni attendibili e di qualità è stato quello dell'intelligence, che svolge un ruolo fondamentale grazie al ricorso a professionalità provenienti da ambienti diversi che agiscono nel rispetto di peculiari procedure volte a salvaguardare la riservatezza degli operatori e delle loro attività. Si parla di Business Intelligence (BI) in riferimento a un insieme di processi aziendali per raccogliere dati e analizzare informazioni strategiche, oppure alla tecnologia utilizzata per realizzare questi processi o ancora alle informazioni ottenute come risultato di tali processi. La Business Intelligence combina business analytics, data mining, visualizzazione dei dati, strumenti e infrastrutture per i dati, nonché le best practice per permettere alle organizzazioni di prendere più decisioni basate sui dati. In principio era la Business Intelligence In economia aziendale, il termine “intelligenza economica” indica l'insieme di attività sistematiche di back office finalizzate a fornire al management aziendale informazioni utili o strategiche (azioni di ricerca, trattamento, diffusione e protezione dell'informazione) sull'ambiente esterno all'impresa (mercato, clienti, concorrenti, tendenze, innovazioni, norme, leggi) a supporto dei processi decisionali della dirigenza. Usare la Business Intelligence significa acquisire la visione completa dei dati della propria organizzazione e usarli per stimolare il cambiamento, eliminare le inefficienze e attuare un rapido adattamento ai cambiamenti di mercato e forniture. Il principio fondamentale della disciplina, la cui missione è “sapere per anticipare”, è stato enunciato da Michael E. Porter della Harvard Business School: “dare l'informazione giusta alla persona giusta, nel momento giusto per prendere la giusta decisione”. Nata contemporaneamente alla globalizzazione dei mercati e alla necessità di adottare un processo di anticipazione dei cambiamenti dei mercati e dell'ambiente economico, la Business Intelligence supporta il processo strategico usando lo strumento dell'informazione per ottimizzare le performance economica e/o tecnologica. L'importanza di studiare i competitor Nel 2020 sono molto aumentate le richieste di servizi di Competitive Intelligence quali: attività di raccolta, monitoraggio e analisi di informazioni esterne a un'azienda. Si tratta di peculiari attività – o, per meglio dire, investigazioni – finalizzate a supportare i processi decisionali aziendali e generalmente con software di Business Intelligence. Le imprese italiane investono sempre di più nello studio dei concorrenti, ricercando anche informazioni sulla clientela, sulle nuove tecnologie e sulle normative del settore. Gli esperti di Central Marketing Intelligence, agenzia che si occupa da anni di Competitive Intelligence e ricerche di mercato tramite Big Data online, assicurano che da un'analisi della concorrenza professionale un'azienda può ricavare grandi vantaggi per il proprio business. Studiare la concorrenza con un'indagine di mercato L'analisi dei competitor, o benchmarking, si rende necessaria per le aziende interessate a posizionarsi strategicamente nel settore di appartenenza. Analizzare i competitor significa studiare la concorrenza per capire quali possono essere i punti di forza e di debolezza del proprio prodotto sul mercato. La Competitive Intelligence può rispondere a domande essenziali: Quali servizi offrono i competitor? Qual è il loro target ideale? Come comunicano e attraverso quali ...

En este episodio nos encontramos con Rene de Jong, emprendedor serial originario de los Países Bajos, quien ha vendido exitosamente 2 empresas, y actualmente es inversor ángel y vicepresidente de Entrepreneurs' Organization Madrid. Rene va a compartir cómo el libro "Competitive Advantage", de Michael E. Porter, lo ayudó a entender cuál es el valor añadido que quería generar con sus empresas y qué función estaba cumpliendo para sus clientes para poder diferenciarse ante la competencia.

In a new episode of the Serve to Lead podcast, Katherine Gehl shares insights and observations from her important new book, The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy, co-authored with Harvard Business School professor Michael E. Porter. Katherine Gehl, is a business leader, writer, speaker, and political innovation […]

HLTH Matters EP02Integrated Care Built Around the Human Being—featuring Mark Ganz of Cambia Health SolutionsIn every other area of our lives, service providers are accountable to their customers. If they fail to provide both quality and value, people vote with their feet. But in healthcare, we’ve traded away that control to the insurance company, and the result is an increasingly dehumanizing system that looks at people as vessels of disease to be fixed rather than people in need of healing. How can we bring that critical patient-caregiver relationship back and design an integrated approach to care that builds around the human being?Mark Ganz is the CEO of Cambia Health Solutions, a family of companies working to create a person-focused and economically-sustainable healthcare system. Cambia’s health plans, innovative technology and strategic investments deliver consumer-centric solutions that make care more affordable and accessible. Mark has dedicated his career to designing a seamless, end-to-end healthcare experience around the needs of people and their families, and he was named 2014 Healthcare CEO of the Year by Portland Business Journal.On this episode of HLTH Matters, Mark joins Dr. Gulati to explain how his father (a physician himself) was treated by the healthcare system at the end of his life and how that inspires Cambia’s human-first approach. He describes how we lost the humanity in healthcare, weighing in on how technology and the economic model have severed the relationship between the patient and caregiver. Listen in for Mark’s insight on pricing technology to the market, not the insurance payment model, and learn how Cambia is taking an integrated approach to care that centers on the human experience.Topics CoveredHow Mark’s dad was a family doctor in the full sense of the word How Mark’s dad was treated by the system at the end of his lifeCambia’s commitment to start with a deep respect for familiesPhysicians as administers of technology vs. healers of peopleThe dehumanizing impact of the economic model in healthcare How we traded away control to insurance companies for convenience Cambia’s work around palliative care as part of an integrated approachPricing tech to the market rather than the insurance payment modelHow Mark is inspired by the Porter & Teisberg article in HBRConnect with Mark GanzCambia Health SolutionsMark on LinkedIn Connect with Dr. Gulati, Dr. Shlain & Dr. KukuHLTH ConferenceDr. Gulati’s WebsiteDr. Gulati on LinkedInDr. Gulati on TwitterDr. Shlain on LinkedInDr. Shlain on TwitterDr. Kuku on LinkedInDr. Kuku on Twitter ResourcesHealthSparqEcho Health VenturesGNS HealthcareRedefining Healthcare: Creating Value-Based Competition on Results by Michael E. Porter and Elizabeth Olmsted Teisberg‘Redefining Competition in Healthcare’ in Harvard Business Review

Vom Bänker zum Social Entrepreneur Dirk Sander von Anthropia Im Gespräch mit Dirk Sander von Anthropia wird eins gleich zu Anfang erkennbar: die Herkunft muss nicht den eigenen Weg bestimmen. Genauso wenig muss man, um seine Ziele zu erreichen, immer einen geraden Weg gehen. Hier trifft wohl der bekannte Spruch “Viele Wege führen nach Rom” voll ins Schwarze. Auch ein ungerader Weg führt dich ins Ziel. So wie auch bei Dirk, der 17 Jahre erst bei einer Bank beschäftigt war und nun bei dem Thema Social Entrepreneurship gelandet ist. Wichtig ist nur, dass du eine Vision entwickelst. Das Ziel musst du natürlich vor Augen haben. Festgefahrene Systeme Als Social Entrepreneur möchtest du oftmals bestehende Systeme ändern. Aber gerade das stellt sich oft als große Herausforderung dar. Gerade wenn man diese von Innen ändern möchte. Vielleicht ist es besser anders zu denken. Neu zu denken und komplette Systeme neu zu erstellen, die dann alte ablösen können. So etwas kann schwierig von Innen geschehen, es sei denn es wird gewollt. Doch wie findet man Wege aus dem System? Wie erschafft man sich ein eigenes? Du musst versuchen, die Vision, die du kreierst, zu leben. So wie Dirk. Er hat den Sprung ins kalte Wasser gewagt – und gewonnen. Geh auf die Aufgaben zu, sprich Leute an, geh hin. By the way: Das ist auch genau die Methode, wie ich mit Muhammad Yunus für die Podcast Folge “Ich wünsche mir …“ ins Gespräch gekommen ist. Andere Denkweisen bringen dich voran Social Entrepreneurs handeln intuitiv und verbünden sich mit anderen Unternehmen um ein gemeinsames Ziel zu erreichen. Mal mit Ausnahme von Startups wird dies in der “normalen Unternehmenswelt” selten gemacht. Schaue dir hierzu gerne noch mal das Thema Effectuation an. Diese Einzigartigkeit ist ein großer Vorteil im Social Entrepreneurship. Es sind einfach andere Denkweisen. Dirk hat seine Vision verwirklicht in den er anderen hilft soziale Unternehmen aufzubauen. Das passiert in seiner Impact Factory. Sie bringen dort Berater zusammen, die die Bedürfnisse der Social Startups verstehen. Genau das ist extrem wichtig. Es müssen Menschen sein, die wissen, wie ein Social Startup funktionieren kann. Das bedeutet aber auch: Diese Berater sind nicht die “normalen” die man sonst in anderen großen Unternehmen antrifft. Es sind auch nicht Mitarbeiter von Großunternehmen, da diese eine ganz andere Sicht auf die Dinge haben. Es sind Menschen die anders denken, die mit möglichst kleinem Einsatz ganz großes bewegen können. Deshalb ist es für Gründer ganz wichtig: Nutze die Ressourcen von der Impact Factory, den Social Impact Labs und Impact Hubs. Arbeite mit ihnen gemeinsam an deinem Startup – an deiner Vision. Denn gemeinsam kann man viel bewegen. Was steckt hinter Anthropia? Anthropia bringt Menschen zusammen für die eine andere Welt möglich ist. Das Unternehmen kreiert Wirkräume für Quer- und Andersdenkende, die die gesellschaftlichen Probleme von heute anpacken und lösen wollen. Gemeinsam mit Partnerorganisationen haben sie die Impact Factory geschaffen, die Innovationsschmiede für Social Entrepreneurs. Dort kannst du dich jetzt auch wieder bewerben! Also, rauf auf die Seite und verwirkliche deine Vision. Interessante Links Während es Podcast gibt es vielerlei spannende Themen. Hier haben wir noch mal eine Linkliste, damit du nicht den Überblick verlierst: Life Work Planning Forum Ökologisch-Soziale Marktwirtschaft Managerfragen Ichó Systems Michael E. Porter Anthropia Impact Factory Podcast Folge “Ich wünsche mir …” mit Muhammad Yunus Bücher Christiane Amini – 1001 Wahrheit The Power of Unreasonable People: How Social Entrepreneurs Create Markets That Change the World – John Elkington

We sneaked up the river Liffey in a Viking long boat and kidnapped arguably Ireland’s greatest marketer for a natter; Colin Lewis.    Colin’s vast experience and multiple industry awards come from a career that includes working at iconic brands like BMI, 118118, Thomas Cook and CityJet, and from working all over the world, from Australia to Hong Kong, Japan, and the UK and Ireland. He’s also a speaker, lecturer and teacher, educating brands such as Unilever, Facebook, Ryanair, and Heineken.   This pod is packed with nuggets of golden insight as Colin talks to us on strategy, friction, robot car racing, the value of teaching and education in marketing, how to truly be market orientated, turning into a grumpy old man, and lots more.   We also assume he has an exclusive membership for The Long Room Library at Dublin’s Trinity College, as he is one of the best-read people we’ve ever spoken to, and he’s shared tonnes of tomes below. ///// Colin Links:   Follow Colin on LinkedIn (https://www.linkedin.com/in/colinlewis/) And on Twitter (https://twitter.com/colinalewis) Read his Marketing Week articles (https://www.marketingweek.com/author/colin-lewis/) And check out his website (http://colinlewis.me)   Book Recommendations:    Good Strategy Bad Strategy (https://www.amazon.com/Good-Strategy-Bad-Difference-Matters/dp/0307886239) by Richard Rumelt  How Brands Grow (https://www.amazon.com/How-Brands-Grow-What-Marketers/dp/0195573560) by Byron Sharp  The Creativity Code (https://www.amazon.com/Creativity-Code-Art-Innovation-Age/dp/0674988132) by Marcus Du Sautoy Vanished Kingdoms (https://www.amazon.com/Vanished-Kingdoms-Rise-States-Nations/dp/0143122959) by Norman Davies Positioning: The Battle for Your Mind (https://www.amazon.com/Positioning-Battle-Your-Al-Ries/dp/0071373586) by Al Ries, Jack Trout, Philip Kotler  Deep Work (https://www.amazon.com/Deep-Work-Focused-Success-Distracted/dp/1455586692) by Cal Newport Competitive Strategy (https://www.amazon.com/Competitive-Strategy-Techniques-Industries-Competitors/dp/0684841487) by Michael E. Porter Sapiens (https://www.amazon.com/Sapiens-Humankind-Yuval-Noah-Harari/dp/0062316117) by Yuval Noah Harari The War of Art (https://www.amazon.com/War-Art-Through-Creative-Battles/dp/1936891026) by Steven Pressfield Turning Pro (https://www.amazon.com/Turning-Pro-Inner-Power-Create/dp/B07FWS2FHP) by Steven Pressfield  /////

This podcast interview focuses on the essence of the book “The AI Republic: Building the Nexus Between Humans and Intelligent Automation. My guest is one of the authors, Mark Esposito.He is a Co-founder of Nexus FrontierTech, a leading global firm providing AI solutions to a variety of clients across industries, sectors, and regions. In 2016 he was listed on the Radar of Thinkers50, as one of the 30 most prominent business thinkers on the rise, globally.Mark has worked as Professor of Business & Economics at Hult International Business School and at Thunderbird Global School of Management at Arizona State University and as Fellow at the Judge Business School in the UK, as part of the Circular Economy Center.He has developed and conducted courses in Business, Government & Society & Economic Strategy and Competitiveness for Harvard University's Division of Continuing Education.Mark also served as Institutes Council Co-Leader at the Microeconomics of Competitiveness program (MOC) at the Institute of Strategy and Competitiveness, at Harvard Business School under the mentorship of Professor Michael E. Porter.I interviewed Mark for the first time in episode 22 of my podcast. We then focused on his best-selling book ‘Understanding How the Future Unfolds’. Today we discuss his new book ‘The AI Republic’ and explore the changes that are required to build a position of advantage by blending humans and tech in a relevant way.Here are some of his quotes:There is a whole degree of misinformation about AI out there.Especially from a business perspective of b2b, where we're trying to make clients. Regardless of how educated they were, I think they were heavily influenced by what they were hearing.The more you work with AI scientists the least they call it intelligence.They call it everything but AI.I said: ‘why is there's such a big gap between what the scientists who develop this technology talk about and what everybody else describes?’ And so, the AI Republic is really the effort to create this relationship between what we think that technology is and can do, which is by itself is a phenomenal advance in our technologies, and the misinformation that I think we're currently have so that we can empower more and more people, first of all to know, and once they know, they can make a deliberate decision whether they need it or whether they actually they just need some good form of either automation or digital transformation.During this interview, you will learn three things:That to succeed with AI we have to get the entire organization engaged – not only IT. Understand i needs to be part of the core strategy and that it’s a collaborative long-term process, not a one-off thing.Why the question is never ‘how do humans compare with machines?’, but instead ‘How do I integrate technology in jobs that currently exist or can exist?’ and ‘How do I empower this to become a form of excellence’ That getting started is a lot about recognizing where your business model is generating a friction with where the market is going – and from there determining where technology can help you. See acast.com/privacy for privacy and opt-out information.

จากงานวิจัยที่ละเอียดสุดๆของ Michael E. Porter และ Nitin Nohria ถึงการบริหารทรัพยากรที่สำคัญที่สุดอย่าง "เวลา" ของ CEO บริษัทยักษ์ใหญ่ของอเมริกา อะไรคือสิ่งที่เราได้เรียนรู้จากงานชิ้นนี้ได้บ้าง

This podcast interview focuses on how competitive advantage is shifting in an age of automation. My guest is Josh Entsminger, Senior Fellow at Ecole des Ponts Business School in Paris.He’s an applied researcher in international affairs and the fourth industrial revolution, working on the global governance of technology.Josh serves as a fellow at the Public Tech Lab at IE's School of Global and Public Affairs, working on next generation public services. He also recently served as a research contributor to the Future of Production Initiative at the World Economic Forum.His work as a senior fellow at Ecole Des Ponts Business School connects him to the Center for Policy and Competitiveness, a think tank affiliated with the Microeconomics of Competitiveness network of Professor Michael E. Porter at Harvard Business School.His work there focuses on the shifting nature of competitive advantage in a world where AI and other 4th industrial Revolution technologies make their inroads. This triggered me, hence I invited Josh to my podcast. We discuss the how these technologies rapidly erode the position of advantage many companies used to have. We also discuss how AI is becoming a platform race, and how having access to the right data is rather than the right algorithms, is becoming the critical factor to create a position of advantage.Here are some of his quotes:I'm particularly focused on the governance of technology in the politics of technology.My background is heavily on government and policy and moving into the commercialization and understanding of what makes a company successful: what are the trends that are driving the viability of competitive advantageIt's becoming increasingly hard for me to distinguish what's a technology company and what's not a technology company,The biggest issue I see is something that I'm calling competitive democratization. This is a drive from some of the big companies to open up access for AI solutions through AI as a service.The thing that worries me is that the means of accessing these technologies is increasingly being controlled or dominated by a few cloud service providers.During this interview, you will learn three things:That defensible differentiation is growing with your ability to create data dominance around a particular areaWhy the battle of business software will be won by those that will master scale over scope That the opportunity is exponential for those software companies that can anticipate how we’ll restructure our understanding of what is a firm, what is a career, and what is a job. See acast.com/privacy for privacy and opt-out information.

In der dritten Sommer-Inspektion des Podcasts "Aus dem Maschinenraum für Marketing und Vertrieb" wird es klassisch: Wir stellen die FIVE FORCES von Michael E. Porter vor und beleuchten dieses Analyse-Instrument. Ob alter Hut oder tagesaktueller Denkrahmen in digitalen Zeiten, hören Sie in der aktuellen Folge. Viel Spaß dabei! Folge direkt herunterladen

Verawat Kirinruttana holds an MBA from MIT’s Sloan School of Management. He also holds a bachelor’s degree in engineering from Chulalongkorn University with first-class honors and gold medal. Verawat is currently a vice president of investment advisory services at Siam Commercial Bank (SCB). In his role, he provides asset allocation strategies and investment recommendations for private banking and affluent customers. Prior to this, he was a vice president of corporate strategy at SCB where he shaped the direction for the bank by developing strategic and tactical business plans and drove many transformation initiatives, such as the national e-payment. Before joining SCB, he was a management consultant at the Korn Ferry Hay Group (now Korn Ferry) at its Southeast Asia office, where he spent more than four years in human capital management, organizational development, and performance management.    “With a lot of analysis and valuation you would believe that found a diamond but management, the corporate governance of that company might not be good at that at the level on the status” – Verawat Kirinruttana Lessons learned  When investing in foreign markets, expect the unexpected. Things can happen that are beyond the mind’s ability to comprehend, events way beyond your control. This can be the case of a management decision and can happen even after a lot of analysis and careful valuation, which you believe puts things within your power. Management or corporate governance of a target company may not be good and when you try to even try to figure out what happened, the unclear nature of the market and the how you access the information can be very really limited.   Solution: Cut losses as soon as possible but in frontier markets, liquidity can be the problem and may not be able to sell your position.     Andrew’s takeaways  Be careful about frontier markets. They can be very attractive, but the actual performance of an investment target may not turn out as good as is shown by the underlying economy. If you can access that market, it does not mean that it will also give you access to the same returns as those that exist in the market. Also the flow of information can be non-existent or scarce so that you don’t really know what is going to happen, even of you know people on the ground.    Liquidity issues are key. A company that is the target of investment should have about US$ 1 million dollars a day in average daily turnover, or else it is too dangerous to put money into.   Using a stop loss methodology for quantitative strategy doesn’t always work. Even having a stop loss in place makes it hard to execute where there is thin volume.   Looking carefully at corporate governance is crucial. Ask yourself, does the management show any real concern about minority shareholders     You can also check out Andrew’s books   How to Start Building Your Wealth Investing in the Stock Market   My Worst Investment Ever   9 Valuation Mistakes and How to Avoid Them     Connect with Verawat Kirinruttana  LinkedIn  Verawat Kirinruttana Connect with Andrew Stotz  astotz.com  LinkedIn  Facebook  Instagram  Twitter  YouTube  My Worst Investment Ever Podcast Further reading mentioned     Alice Schroeder (2008) The Snow Ball  Michael E. Porter (1979) How Competitive Forces Shape Strategy  

On today’s episode of the His and Her Money Show, we have a stellar guest, Grant Sabatier, the creator of MillenialMoney.com and author of Financial Freedom: A Proven Path to All the Money You Will Ever Need. Grant shares his incredible and inspiring finance story, telling exactly what he did to become financially independent at age of 30 and grow the $2.26 in his account to a million dollars in just 5 years! WHAT YOU WILL LEARN IN THIS EPISODE How Grant went from broke to millionaire in 5 years. The tactical steps Grant took to move in the right direction after being hired by a digital company. What is Google Ad Words and how does it work? How to become Google Ad Words certified. Strategies he applied to make his money grow. How he grew his knowledge of investments and money matters. Advice for people who are comfortable with their jobs and afraid to make a transition. What is his wealth building strategy now after hitting his goal? RESOURCES Competitive Advantage: Creating and Sustaining Superior Performance book by Michael E. Porter Google Academy for Ads

I am drawn to a group of investors that I call practitioner philosophers. These are people who have gotten their hands dirty in their respective fields, but despite being doers, they still often sit back and ponder the big questions in business and life. My guest this week is one such practitioner philosopher, NYC based venture capitalist Jerry Neumann. I came across Jerry's essays a year ago, and he is on a very short list of writers whose work I read without fail and almost always more than once. You can think about this conversation on business, investing, and venture capital as a big funnel. We start very broad, discussing where we may be in a large 70-year economic cycle. We then break down the so-called power law which seems to govern venture capital returns and business outcomes. Then we get even more specific, discussing Jerry's process for evaluating early stage companies, and the particulars of what might make a good venture capitalist. I say "might" because as Jerry explains often, nothing is certain, and luck may always play a huge role. I just loved this conversation. It is the type that without the podcast as an excuse would be a very odd and intense one if I were just meeting someone for the first time. You'll find no small talk or even medium talk here. This is a meaty discussion with one of the smartest and most straightforward people I've come across.   Books Referenced Carlotta’s Perez - Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages Thomas Hughes – Networks of Power: Electrification in the Western Society, 1880 – 1930 Frank Knight – Risk, Uncertainty, and Profit Jeffrey West - Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies   Links Referenced Deployment Age Oswald Spangler About Men; Corporate Man Howard Mark’s 2x2 matrix of superior investment results Michael E. Porter - How Competitive Forces Shape Strategy DJ Teece: Profiting from Technological Innovation Porter’s Five Forces   Show Notes 3:27 – (First question) – Start with Jerry’s essay the Deployment Age and a look at what it means for where we sit today (looking forward as investors)?             3:40 - Deployment Age             4:26 - Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages 9:28 – What time in history can you compare our current deployment age to and what does that say about the next 10, 20, and 30 years?             9:40 – Oswald Spangler             11:09 – About Men; Corporate Man 15:36 - How have your views evolved over time and how do you square the 1950s-time period for venture capitalists?             18:06 - Networks of Power: Electrification in the Western Society, 1880 – 1930 20:40 -  What lessons should venture capitalists make from these deployment age cycles             25:27 - Risk, Uncertainty, and Profit 24:10 – Exploring how powerlaws govern returns for venture capital             26:50 – Howard Mark’s 2x2 matrix of superior investment results 32:19 – Providing context and understanding to Alpha within Powerlaws. 32:56 – Nassim Taleb: Powerlaw 39:18 - Portfolio concentration and scaling             42:31 – Venture Follow-on and the Kelly Criterion (Jerry's Blog) 44:34 - How have you have actually done this, Jerry? What is your process like and your focuses? 54:00 – Are there any circumstances where it is wise for friends and family to make venture investments? 59:20 - What is this idea of who profits from innovations?             56:12 - DJ Teece: Profiting from Technological Innovation 1:02:57 – Understanding complimentary assets             1:05:06 - Porter’s Five Forces 1:09:24  - Are Augmented and Virtual Reality interesting areas for venture capital and why? 1:15:28– What makes a successful venture capitalist? What makes you special? 1:23:43 – What is the most memorable day in your career in venture? 1:26:03 – Kindest thing anyone has ever done for Jerry   Learn More For comprehensive show notes on this episode go to http://investorfieldguide.com/jerry For more episodes go to InvestorFieldGuide.com/podcast. To get involved with Project Frontier, head to InvestorFieldGuide.com/frontier. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag  

  If there is one over-riding theme from the recently released Evaluation of Corporate Compliance programs it is that a corporate compliance program must be operationalized. Indeed that is the theme of this month’s series of podcasts. Another way to think about operationalization is the connectedness of compliance throughout an organization. In an article from the Harvard Business Review (HBR), entitled “How Smart, Connected Products are Transforming Companies”, by Michael E. Porter and James E. Heppelmann, focused on the new products. It provided some interesting insights into both the interconnectedness of processes and structures, which apply to the compliance practitioner going forward. I call it “connected compliance.” It provides another mechanism for you to consider in operationalizing your compliance program.   Process in Connected Compliance   Processes are being reshaped by the data which is now available and more “intense coordination among [corporate] functions is now required.” Regarding structures, the authors believe, “new forms of cross-functional collaboration and entirely new functions are emerging.”   Obviously compliance is a business process. Yet it should also be a continuous process. The data from a wide variety of sources should be used to track the types of risk that compliance professionals must manage. This begins with third parties. Continuous monitoring of third party watch lists seems almost pedestrian now yet many companies do not understand they have a continuing obligation to understand who they are doing business with, even after the contract is signed. Put simply, due diligence once every two years is a recipe for trouble. But this type of information should not only be limited to third parties’ in your sales business. You should also consider your exposure from your customers.   However, what if a large part of your company is exposed to the financial risk of a corrupt company slowing down its business? If you are in the auto supply business or even the software industry, have you considered how much of your business is at risk through your relationship with a company like Volkswagen (VW)? Most Foreign Corrupt Practices Act (FCPA) risk analysis considers corruption risks involving third parties in the sales arena or vendors that come in through the Supply Chain, now, based upon the VW, Petrobras or you name the scandal, you may need to know the corruption propensity of your  customers as well.    Finally, connected compliance will help make people, materials, energy, plant and equipment far more productive, and the repercussions for business processes will be felt throughout the economy. The authors’ state, “We will see a whole new era of “lean.” Data flowing to and from products will allow product use and activities across the value chain to be streamlined in countless new ways.” For the compliance practitioner, waste will be cut or eliminated. Connected compliance will also allow a compliance solution to be delivered when certain thresholds are met, rather than according to a schedule. New data analytics will lead to previously unattainable efficiency improvements and allow you to do more business in compliance going forward.  Structures in Connected Compliance  Just as processes have evolved in connected compliance, so do structures. The classical organizational approach combines “two basic elements: differentiation and integration. Dissimilar tasks, such as sales and engineering, need to be “differentiated,” or organized into distinct units. At the same time, the activities of those separate units need to be “integrated” to coordinate and align them.” Connected compliance will have a major impact on both differentiation and integration in your company going forward.   This structural changes means that compliance will be integrated into diverse functional units of the company such as manufacturing, logistics and SC, sales and finance. This integration across functional units will occur through the business unit leadership team and through the design of formal processes for connected compliance with multiple units having roles. This sounds quite like operationalizing compliance, exactly as specified by the DOJ in the Evaluation document. However connected compliance gives you the means and methods to think through how to accomplish this goal. You will have to coordinate between and across multiple functions within your organization. It will require the critical function of not only data management but also data analysis. What does it all mean? Such an approach will require “dedicated data groups that consolidate data collection, aggregation, and analytics, and are responsible for making data and insights available across functions and business units.” Once again the compliance function is uniquely situated to be at the fulcrum of this connectedness. But more importantly, you already have this information inside your organization but most usually the compliance function does not have visibility into the data. Compliance must find the tools and processes to cut through the siloed nature of corporate information.  It is through connected compliance that all groups within a company will become responsible for compliance. The integration of this data into compliance is still viewed as cutting edge; nonetheless companies have this data, structured within their own ERP systems. Connected compliance will allow senior management to view information to make the business more efficient and allow a company to take more risk because the risks will be managed more effectively.  Three Key Takeaways Connected compliance is the inter-relatedness of interconnectedness of compliance processes and structures. Compliance should be ongoing and a continuous process. Compliance must use data analytics tools to cut through the siloed nature of corporate data. This month’s podcast series is sponsored by Oversight Systems, Inc. Oversight’s automated transaction monitoring solution, Insights On Demand for FCPA, operationalizes your compliance program. For more information, go to OversightSystems.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

This Podcast Is Episode Number 0138 And It Will Be About Seven Unique Shocks Every Contractor Experiences The foundation of this article came in part from an article by Michael E. Porter, Jay W. Lorsch and Nitin Nohria published in the Harvard Business Review. I am a huge fan of Michael E. Porter because of his grasp and understanding of how business works and his ability to convert complex business strategies that anyone can easily understand. During the time when we owned an operated construction contracting companies Michael E. Porter's five forces model opened my eyes and provided a great deal of insight regarding how and why things changed in the construction market. Ten Unique Shocks Every Contractor Experiences Shock #01 - You Can't Run Your Construction Contracting Company Between the demands of customers, clients, bankers, payroll tax returns, sales tax returns (if that applies to you), vendors, suppliers and everybody and everything outside your construction company you do not have the time to run your own construction company. When you first start your contracting company all you needed to worry about was finding that first customer, make a proposal, do the work and get paid. Everything seemed so simple, the sun was shining, and birds were singing, you had work to do and money was coming in, life was good! After a short while you got a few more customers and had less time to get everything done and when those pesky warranty issues or call-backs came from the first few jobs came rolling in that meant doing work for FREE instead of focusing all of your time and energy on new work that was going to pay new money. When You Hired Construction Workers And The Bookkeeper Things Got Real Interesting! You will not be briefed on everything because the first few times your staff tried to tell you something you were already overloaded with information and decisions and the last thing you needed was to hear was the restroom is out of toilet paper! So you growled at them and from that point forward they decided to not tell you anything unless they absolutely had too. Your Project Manager and Bookkeeper know everything that is going on but they will not tell you until just before or just after disaster strikes. That is why it is so vitally important to chose the right Project Manager and Bookkeeper or Contractors Bookkeeping Service for your executive team. Shock #02 - Passing Out Orders Because Think You Are The Boss Is Very Costly O.K. you are the boss, the owner of the construction firm and it is your name on the sign. You can be: #1 - "Super Star With Helpers" and struggle financially and emotionally with your contracting company your entire life. #2 - "Leader With Vision" building a contracting company everyone will want to be a part of and do it like you are going after Moby Dick, in a row boat, with tartar sauce! We have all worked for contractors who are a "Super Star With Helpers". They are the ones who criticize everything and make sure everyone who works for them feels like an idiot. A "Leader With Vision" gets the right people on-board, delegates tasks, offers guidance, support in the form of Scope+Time+Resources and holds people accountable for the outcome. If you are clear on what type of construction work your company does and the clients you want then everybody will pull together in the same direction. Shock #03 - You Will Not Know What Is Going On Unless You Do Some Detective Work No matter what you think as the owner you are viewed by your employees as the "enemy" "management" "greedy business person" and more choice words that I will not mention and therefore to varying degrees they will withhold information from you in an attempt to get even or exert control. The Root Cause is from birth to emancipation every one of us were told "No" by our parents and guardians while we were growing up and as a result we developed a paradigm in varying degrees that if people with authority don't give us everything we want they are mean and therefore the "enemy" and worse. This is as it should be, because it is human nature and you need to understand it. One popular phrase our outsourced contractor bookkeeping services clients like: "We Live In A World Of What Is...Not What Should Be" - Randalism.  Ask open ended, gentle, non-threatening questions of your staff and expect they will be as open and honest as their past psychological conditioning and current Paradigm will allow them. No matter what they say do not condemn them or react badly. Either respond positively or maintain a neutral expression. To do otherwise will kill any chance of them ever sharing anything with you again. Then do whatever you deem appropriate after having taken time to cool off. Next ask your vendors, suppliers, banker, tax preparer and most importantly your Construction Accounting Service what they see and know about your construction company and ask about local, national and international trends that may affect the performance of you company in the coming months. Shock #04 - You Are Always On Stage Giving A Performance And Being Judged #1 - Everything you say and do as well as what you don't say and do is being watched, interpreted, filtered, judged and spread like wildfire. #2 - The way you dress, eat, your wristwatch, smartphone, rings, chains, bracelets, hairstyle and thousands more things about you are constantly being observed and mentally cataloged, observed, interpreted, filtered, judged and spreads like wildfire. #3 - Take a lesson from the great leaders of history who remained calm under fire and never let them see you sweat. #4 - As a contractor you take over where your employees parents left off. - Randalism Shock #05 - Don't Over socialize With Your Employees According to Aesop "Familiarity Breeds Contempt". Your employees look up to you and if they get to know you too well they will begin to see your faults and notice things about you that will diminish your authority in their eyes. Just think about the final scenes in film classic "The Wizard of Oz" when the off camera booming voice says: "PAY NO ATTENTION TO THE MAN BEHIND THE CURTAIN!" Shock #06 - You Are Only Human You need to take care of yourself, get plenty of rest, drink lots of healthy fluids, exercise regularly and don't let anything keep you awake at night. Read good books and get as much "Bread for the Head" as possible. There will be times when you do not feel like going to work, times when you are depressed, grouchy, irritable and much more. During those times take the Nike's advice and "Just Do It". Shock #07 - You Need The Truth About Owning And Operating A Construction Company To get to the truth about your construction company you must go on a journey which is Four Levels Deep and like most successful strategies in life it is simple but not easy. The Four Levels Of Truth In Construction Number One - What contractors want to hear Number Two - What contractors want to believe Number Three - Everything else Number Four - Truth A Story To Illustrate The Four Levels Of Truth In Construction What Contractors Want To Hear - One evening after work, a group of contractors met at the Contractor Business Round Table which is the neighborhood tavern with a round table, pitcher of beer and four contractors. They talked about how tough it is to get profitable jobs no matter what the economy is like. When times are good it is hard to find employees, when times are tough the phone doesn't ring. Everyone agreed there was nothing anyone could do about it. What Contractors Want To Believe - A short while later they talked about making money and agreed that really big contractors make most of the money and little contractors were doomed to struggle. Everything Else - One of the contractors suggested maybe they could ask one of the larger more profitable contractors and find out what they did that made the difference. This of course made the other contractors a bit uncomfortable and then it happened and they all heard and felt the dreaded Snap-Crackle-Pop! The contractor who suggested asking for help experienced a paradigm shift and broke through to the other side. This contractor began leveling up! Suddenly they all remembered what that The Contractors Accountant, Randal DeHart, had said about leveling up. "As you develop your Business Strategy your income is likely to increase. The impact on your friends will not be pleasant as you will be proving that good people can win in the construction game by playing it with high moral and ethical standards and the willingness to try something different." Truth - Is whatever you believe and you will look for evidence to support your truth. Part of my truth comes from some of the writings of Og Mandino: ------------------------------------------------------------ A Salesman’s Prayer - By Og Mandino Oh creator of all things help me for this day I go into the world naked and alone, and without your hand to guide me I will wander far from the path which leads to success and happiness. I ask not for garments or gold or even opportunities equal to my ability; instead guide me that I may acquire ability equal to my opportunities. You have taught the lion and eagle to hunt and prosper with teeth and claw. Teach me how to hunt with words and prosper with love so that I may be a lion among men and an eagle in the marketplace. Help me to remain humble through obstacles and failures yet hide not from mine eyes the prize that will come with victory. Assign me tasks to which other have failed, yet guide me to pluck the seeds of success from their failures. Confront me with fears that will temper my Spirit yet endow me with courage to laugh at my misgivings. Spare me sufficient days to reach my goals; yet help me to live this day as though it be my last. Guide me in my words that they may bear fruit; yet silence me from gossip that none be maligned. Discipline me in the habit of trying and trying again yet show me the way to make use of the Law of Averages. Favor me with alertness to recognize opportunity, yet endow me with patience which will concentrate my strength. Bathe me in good habits that the bad ones may drown; yet grant me compassion for weakness in others. Suffer me to know that all things shall pass; yet help me to count my blessings of today. Expose me to hate so it not be a stranger; yet fill my cup with love to turn strangers into friends. But all these things be only if thy will; I am a small and lonely grape clutching the vine, yet thou hast made me different from all others. Verily there must be a special place for me. Guide me, help me, show me the way to become all you planned for me when my seed was planted and selected by you to sprout in the vineyard of the world. Help this humble salesman, guide me God. ------------------------------------------------------------ If you suspect that I care deeply about all Contractors and their families you are absolutely right! I trust this podcast helps you understand that outsourcing your contractors bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking holistic approach to your entire construction company and helping support you as a contractor and as a person. We Remove Contractor's Unique Paperwork Frustrations We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company! That is all I have for now and if you have listened this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance. You Deserve To Be Wealthy, Because You Bring Value To Other People's Lives! I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast This is one more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com This guide will help you learn what to look for in outsourced construction accounting. Thank you very much and I hope you understand we really do care about you and all contractors regardless of whether or not you ever hire our services. Bye for now until our next episode here on the Contractors Success MAP Podcast. Warm Regards, Randal DeHart | Contractors Accountant We Remove Contractor's Unique Paperwork Frustrations

How To Use Porter's 5 Forces To Analyse Your Business's Viability There are so many market forces that are constantly in operation today. Have you ever wondered how competitive your business is going to be in two years time? In five years time? In this podcast, I talk about a framework that I'd studied when I did my MBA. It's called Porter's Five Forces and was first presented in 1979 by a young associate professor from Harvard. His name was Michael E. Porter. Resources Mentioned Click here to download the podcast shownotes https://productiveinsights.com/hire Books Mentioned Competitive Strategy: Techniques for Analyzing Industries and Competitors Related / Mentioned Podcast Episodes: Episode 048 – John Logar on How To Maximize Your Business Profitability Episode 043 — The Membership Economy with Robbie Kellman Baxter Episode 030 - Taki Moore On How To Use Frameworks To Increase Your Productivity Episode 022 – $50 Million and Counting with Ed O'Keefe Episode 011 – Dan Norris on Startups Episode 002 – James Schramko on Recurring Income Models Key Points (Timestamps) 1:17 — What is Porter's Five Forces Framework? How can it help you with your business? 2:15 — Porter's Five Forces of Framework, explained in detail. 1:54 — One of the biggest mistakes businesses make is to treat their business like a promotion. 2:42 — Threat of New Entrants - and its impact on your business 3:22 — Threat of Substitutes - and its impact on your business 4:07  — Buyer Power - and its impact on your business 4:41 — Supplier power - and its impact on your business 5:19 — Competitor  power - and its impact on your business 5:38 — Porter's Five Forces, explained with a hypothetical example. 10:33 — Related podcast episodes mentioned

  Episode Summary Jon Paul is the CEO of Value Added Finance Resources and brings an incredible amount of experience to this interview. Jon has turned companies hitting rock bottom around to multiple million dollar revenue streams. He prevents entrepreneurs, nonprofits, and startups from making key mistakes that could ruin their success as a business. Jon talks on several different ways you can value your company and how you can prevent a down round from happening on your second round of funding. Key Takeaways 02:10 - Harder, faster, cheaper is not a change in direction. 03:15 - What's Jon's background? 06:55 - Jon talks on helping a telecom provider grow their stock from $2 to $65 in two years. 12:45 - How much equity should I gave a CTO or someone similar? 14:30 - How do you value a company accurately? 19:15 - What's a down round? 21:05 - How can you prevent a down round from happening? 23:45 - Tips to keep in mind when pitching? 28:45 - Founders need opposite partners. Example: The risk taker who has someone to watch his back. Tweetables You need to start even if where you end up is not where you think you're going.Harder faster cheaper is not a change in direction.Early investors should get rewarded the most.Startups need yin and yang on the team.Learn from the past, but look forward. Links Mentioned Disrupting Class by Clayton Christensen The Innovator's Dilemma by Clayton Christensen Competitive Strategy by Michael E. Porter Blink: The Power of Thinking Without Thinking by Malcolm Gladwell Freakonomics People Smart in Business by Tony Alessandra and Michael J. O'Connor Content Chemistry by Andy Crestodina Value Added Finance Resources Want the Transcription? Click Here to Download Share The Show Did you enjoy the show? I'd love it if you subscribed today and left us a 5-star review! Click this link Click on the 'Subscribe' button below the artwork Go to the 'Ratings and Reviews' section Click on 'Write a Review'

Michael E. Porter, Bishop William Lawrence University Professor and coauthor of the HBR article "Creating Shared Value."

Errors in corporate strategy are often self-inflicted and a singular focus on shareholder value is the ”Bermuda Triangle” of strategy according to Michael E. Porter director of Harvard's Institute for Strategy and Competitiveness. Porter who recently spoke at Wharton as part of the school's SEI Center Distinguished Lecture Series challenged managers to stop trying to be the best company in their industry and instead deliver ”a unique value” to their customers. See acast.com/privacy for privacy and opt-out information.