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Competitive Advantage
Competitive Advantage: Creating and Sustaining Superior Performance | Michael E. Porter
6 posts | 1 read | 2 to read
Now beyond its eleventh printing and translated into twelve languages, Michael Porters The Competitive Advantage of Nations has changed completely our conception of how prosperity is created and sustained in the modern global economy. Porters groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America. Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. The book introduces Porters diamond, a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of international business thinking. Porter's concept of clusters, or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy. Even before publication of the book, Porters theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured.
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janeycanuck
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I feel like I‘ve been reading this book since the dawn of time. In reality, it‘s only been a bit over a year. The content is so good - Porter is still taught today for a reason - but it‘s SO dense.

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janeycanuck
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Starting off my #24b4Monday with a book I‘m DETERMINED to finish - I‘ve only been working on it for a year...

My reading buddy doesn‘t look impressed that I haven‘t moved the book out of the way so she can have her post-dinner snuggle. Bet she‘ll be happy when we head to bed super early to read, though!

LauraJ Pugs never seem impressed by anything that doesn‘t involve food. 4mo
janeycanuck @LauraJ True story!! And this one has to lose a pound after her vet visit last week so she‘s even less impressed than usual. 4mo
AlaMich She definitely looks reproachful! 😆 4mo
janeycanuck @AlaMich I am clearly failing in my duties as a pet owner to provide the necessities of life 🤪 4mo
LauraJ Pug Life is tough. 4mo
29 likes5 comments
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janeycanuck
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I feel like I did okay with my reading in August, yet somehow, my #SeptemberTBR feels twice as large? I‘ve got five of my #14books14weeks reads that I didn‘t get to, my #GirlyBookClub book, a couple of books in-progress, a bunch of previous TBRs and I‘ve added four more books for my never-ending quest to #readmyowndamnbooks

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janeycanuck
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Oh, that health-conscious 1980s consumer - probably made the decision to cut caffeine from their sugary soda while using their Thighmaster and eating a giant bowl of frozen yogurt.

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janeycanuck
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Coca-Cola used to be in the wine business?! The things you learn while reading 30-year old business books during #24in48

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janeycanuck
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Oh, the hilarious things you come across when you‘re reading a business classic from the 80s! 🤣🤣🤣

(Arthur Andersen went belly-up for their role as the world‘s least ethical accountants in the Enron scandal)