ARTICLE AD BOX
Our guide to all things strategy, from “adjacency expansion” to “value stick.” by HBR Editors
July 28, 2025

Illustration by Tim Boelaars
What is strategy? This question may be familiar if you’re a seasoned HBR reader: It’s the title of a classic 1996 Michael Porter article on the topic. Famously, he argued that too many companies were conflating strategy and operational effectiveness:
Read more on Strategy or related topics Competitive strategy, Corporate strategy, Global strategy, Growth strategy, Customer strategy, Operations strategy, Pricing strategy, Entrepreneurial business strategy, Strategy execution, Strategy formulation and Strategic planning
Read more on Strategy or related topics Competitive strategy, Corporate strategy, Global strategy, Growth strategy, Customer strategy, Operations strategy, Pricing strategy, Entrepreneurial business strategy, Strategy execution, Strategy formulation and Strategic planning

5 months ago
10






English (US) ·