Image for Michael Porter - Harvard Business School professor known for his theories on economics, business strategy, and social causes

Michael Porter - Harvard Business School professor known for his theories on economics, business strategy, and social causes

Michael Porter is a Harvard Business School professor renowned for his influential ideas on how businesses compete and succeed. He developed frameworks like the Five Forces analysis, which helps understand industry competitiveness, and the concept of competitive advantage, guiding companies to differentiate themselves. Porter’s work emphasizes that strategy involves choosing a unique position to create value and sustain profitability. Although best known for business strategy, he also advocates for applying economic and strategic thinking to social issues, encouraging organizations to address societal challenges while maintaining economic viability. His insights have shaped modern management and strategic decision-making worldwide.