Michael Porter (Academic)

Michael Porter is a renowned academic known for his work in business strategy and competitive analysis. He developed concepts like the "Five Forces Framework," which helps businesses understand the competitive environment and their market position. He also introduced the idea of "competitive advantage," focusing on how companies can outperform their rivals. Porter's theories emphasize the importance of strategic planning and innovation for long-term success. His work has influenced management practices across industries, guiding leaders on how to create value and sustain growth in a competitive marketplace.