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Excerpt
Michael Porter on the Fundamental Problem for Investors. Michael Porter, January 13, 2014, Opinion. "Harvard Business School Professor Michael Porter needs no introduction to any serious student of business. His seminal work on the competitive dynamics that determine industry profitability and on the strategies companies can employ to positively impact their competitive positions – laid out initially in the books Competitive Strategy and Competitive Advantage – revolutionized managerial thinking. So articulate was his framework for thinking about strategy and competition that it passed quickly into accepted wisdom. As he recently told Fortune, “The highest compliment..." Link verified April 3, 2014