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Understanding Michael Porter by Joan Magretta — WisdomDeck honest review
Honest review · Entrepreneurship

Understanding Michael Porter

by Joan Magretta

Porter's five forces, competitive advantage, value chain, trade-offs and fit, explained by his long-time collaborator in two hundred clear pages. The way to get Porter without reading Porter.

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Three things you will actually use

  1. Compete to be unique, not best.
  2. Trade-offs make strategy sustainable.
  3. Fit among activities is the moat.

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Read the chapter on trade-offs.

Our verdict

Porter, explained.

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