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Michael Porter ... The Five Competitive Forces That Shape Strategy

Burgess COMMENTARY
Professor Michael Porter has a good idea about comprehensive metrics of business ... but in my view he considers the purpose of business to be the making of money profit ... the view of the business school for the past half century or more.

At a more fundamental level the purpose of economic activity is not to make the most profit, but to satisfy the needs of the population. By accident ... certainly not be design ... we have ended up with a system that makes huge profits for a few, and does rather little for most of the population, half of whom live in obscene poverty and lack most of the basic needs.

Frankly this is ridiculous ... and obscene.

I don't think that Professor Porter has much of a commitment to significant change ... more a commitment to a better way for the corporate organization to manage itself so that it continues to generate profit at record levels.
Peter Burgess

The Five Competitive Forces That Shape Strategy

An Interview with Michael E. Porter, Professor, Harvard University. Porter's five competitive forces is the basis for much of modern business strategy. Understand the framework and how to put it into practice.