Our Thoughts on the Business of Strategy and Motivation

5 Things to Know About Michael Porter

“He has influenced more executives – and more nations – than any other business professor on earth. Now, he and an all-star team aim to rescue the U.S. economy.” – Geoff Colvin, Fortune Magazine

  1. Has written 19 books and over 130 articles in all subject areas pertaining to strategy, including bestselling Competitive Strategy: Techniques for Analyzing Industries and Competitors and Competitive Advantage: Creating and Sustaining Superior Performance. Porter was originally a leader in core strategy for corporations before spending a great deal of time in healthcare. While he is often lauded, he is sometimes criticized for thinking abstractly instead of practically. Porter is incredibly smart. He also has been very talented at promoting his own persona.
  2. Currently a professor at Harvard Business School. In 2000, Porter was appointed Bishop Lawrence University Professor, Harvard’s highest honor awarded to faculty.
  3. In 1980, he developed the generic strategies of business, sections of a company that strategy can target including cost leadership, differentiation or focus. He claims that a company can only aim to focus on improving one of the three sections at a time.
  4. “The essence of strategy is choosing what not do to do.” “The underlying principles of strategy are enduring, regardless of technology or the pace of change.” -Michael Porter
  5. Although Porter is considered the founder of the modern strategy field by many, some believe that his model of the Five Forces is now outdated due to changes in modern markets versus when he established his theory in the 1980s. Further, others credit Peter Drucker far more than Porter as the founder of business management and strategy.

Tony Robbins – 5 Things to Know about the Guru of Motivation

  1. Building an Empire: Tony Robbins’ net worth is $480 million, and Anthony Robbins Company businesses bring in a combined revenue approaching $6 billion per year. He has counseled many high-powered figures including Bill Clinton, Mother Teresa and Oprah Winfrey.
  2. Inspirational attitude: Robbins grew up in a meager home, but was inspired to launch his career as a life coach to teach that happiness and success do not depend on what resources you have available to you, but rather what you do with what you have.
  3. Success through Giving: The Anthony Robbins Foundation runs programs to help the homeless, encourage youth leadership, provide his books and DVDs to prisoners, feed over 4 million people through the annual holiday season, and provide fresh water to 100,000 people in India daily.
  4. Tony Robbins’ 90 Second Cure: Robbins believes that the key to “living a beautiful life” is to question fundamentally unquestioned thoughts and expectations. In stressful or depressing times, take 90 seconds to become aware of what is causing this suffering, and question it. By then, you have changed the way you feel.
  5. Dubious Views: Some are critical of the “self-appointed therapist charging people $5,000 to hear him give on-the-spot counseling advice, using their vulnerability to convince them of his healing power, and then returning to his lavish Palm Beach mansion,” as Ryan Bort of Newsweek phrases it. Contradicting sides argue whether Robbins truly does provide transformative experiences for his attendees, or if people simply rationalize opening up their lives and wallets to him by convincing themselves that their lives have changed.
2. Michael Porter – 5 Things to Know about the Guru of Strategy
“He has influenced more executives – and more nations – than any other business professor on earth. Now, he and an all-star team aim to rescue the U.S. economy.” – Geoff Colvin, Fortune Magazine

  1. Success on Paper: Has written 19 books and over 130 articles in all subject areas pertaining to strategy, including bestselling Competitive Strategy: Techniques for Analyzing Industries and Competitors and Competitive Advantage: Creating and Sustaining Superior Performance. Porter was originally a leader in core strategy for corporations before spending a great deal of time in healthcare. While he is often lauded, he is sometimes criticized for thinking abstractly instead of practically. Porter is incredibly smart. He also has been very talented at promoting his own persona.
  2. Professional Accomplishments: Currently a professor at Harvard Business School. In 2000, Porter was appointed Bishop Lawrence University Professor, Harvard’s highest honor awarded to faculty.
  3. Timeless Theories: In 1980, he developed the generic strategies of business, sections of a company that strategy can target including cost leadership, differentiation or focus. He claims that a company can only aim to focus on improving one of the three sections at a time.
  4. Powerful Quotes: “The essence of strategy is choosing what not do to.” “The underlying principles of strategy are enduring, regardless of technology or the pace of change” – Michael Porter
  5. Modern Criticism: Although Porter is considered the founder of the modern strategy field by many, some believe that his model of the Five Forces is now outdated due to changes in modern markets versus when he established his theory in the 1980s. Further, others credit Peter Drucker far more than Porter as the founder of business management and strategy.