Michael Porter, Harvard Business School
“The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.”
Michael Porter is a leading authority on competitive strategy, the competitiveness and economic development of nations, states, and regions, and the application of competitive principles to social problems such as the environment, health care delivery and corporate responsibility.
Professor Porter is generally recognized as the father of the modern strategy field, and has been identified in a variety of rankings and surveys as the world’s most influential thinker on management and competitiveness.
Currently the Bishop William Lawrence University Professor at the Harvard Business School, Professor Porter has authored 19 books and over 125 articles on strategy, competition and health care delivery. He has served as a counselor on strategy to the governments of many nations, to leading international corporations, and to nonprofit organizations. Professor Porter leads the Institute for Strategy and Competitiveness at Harvard Business School, founded to support his work. His research on economic development in America’s inner cities led to the founding of The Initiative for a Competitive Inner City, a nonprofit initiative to catalyze inner-city business development, where he serves as Chairman. With Mark Kramer, he co-founded both FSG and The Center for Effective Philanthropy.
Professor Porter holds a Ph.D. and an M.B.A. from Harvard University and a B.S.E. in aerospace engineering from Princeton University. He has received over 30 major awards and honorary degrees, and was voted the most influential strategic thinker by the Strategic Management Society. He currently sits atop the Thinkers50 ranking of the world’s most influential management thinkers.
Shared Value Accomplishments:
Professor Porter is the co-author, with Mark R. Kramer, of the seminal Harvard Business Review article introducing the shared value concept, “Creating Shared Value.” He is widely recognized as the world’s foremost expert on shared value and its integration into business strategy and public policy.
Michael Porter accepting the #1 Thinker award in 2015
“The Harvard professor’s books are required reading for health care leaders tackling strategy.” — American Hospital Association
“He has influenced more executives – and more nations – than any other business professor on earth.” — Geoff Colvin, Senior Editor-at-large, Fortune magazine, 2012
Michael Porter is the Bishop William Lawrence University Professor at Harvard Business School (University Professor is the highest professional recognition that can be awarded to a Harvard faculty member). A leading authority on company strategy, the competitiveness of nations and regions, and strategic approaches to societal problems, Michael Porter’s work is widely recognized in governments, corporations, non-profits, and academic circles across the globe.
Regarded as the father of modern business strategy, Porter—who has consulted dozens of corporations and a number of national governments including the UK—returns to the No. 1 slot in 2015 after previously topping the list in 2007.
Porter’s influence on business strategy has been immense. His Five Forces Framework was the definitive approach for decades and is still taught in every business school in the world. Since the financial crisis of 2008, Porter’s theory of Shared Value has led the way in a re-evaluation of the role and expectations of capitalism.
Since 2001, Porter has devoted considerable attention to competition in the health care system. Most recently, he has applied his ideas to show how smart, connected products (those containing embedded sensors, processors and software to create connectivity) are creating a technological revolution that will transform competition and have profound implications for society.