Value Based Competition – Please read the last two articles from Michael Porter , which describe another way to think about competition and strategy. This is state of the art theory, which is becoming practice. Also reading the attached documents that criticizes this concept. Since publishing his book on Value Based Competition, Redefining Health Care, in 2006, Professor Porter has taught his concepts to hospital CEOs, COOs, and CFOs at the Harvard Business School as a week long intensive seminar. Please also read the attached article, which is some of the criticisms related to Porter’s concepts.
Key Concepts from the articles are: Value Based/Positive Sum Competition, Zero Sum Competition, competing around medical condition, narrow or broad based strategies, scope/experience/quality outcomes are core principles that need to be addressed.
Define the above key concepts, in your own words (no quotes) in two sentences per concept
Sample Solution
Dhreima is one of the philanthropies in Qatar. It’s viewed as the best group of the vagrants and the perfect condition for the youngsters who are experiencing neediness in Qatar. Philanthropy is the idea of giving. It makes the individual who pursues philanthropy feels the affliction and misery simply like the others. The philanthropy is driving the individual to change the circumstance from terrible to great towards in any event someone else’s life. Philanthropy likewise gives the kids a feeling of joy and fulfillment just as inward harmony. At the point when volunteers demonstrate the effect of their philanthropy towards the required individual, they are fit for giving essentially a feeling of joy to the altruistic individual. Philanthropy has a few shapes through which the individual can offer the philanthropy to someone else who is in need. The destinations are the activities and points of the philanthropy any association intends to accomplish. In this way, every philanthropy association has its very own target which it attempts to achieve. For instance, a philanthropy is meaning to improve the youngsters lives who experience the ill effects of destitution just as sparing them later on. Subsequently, the philanthropy’s goals are to make an emergency line by structure cover or teaching youngsters about how to secure themselves and how to live by utilizing safe ways without experiencing the destitution just as working in steady employments. Accordingly, the exercises of every philanthropy ought to be dedicated to these points and attract the right intends to accomplish the objectives. Another point of this philanthropy is to make the people included and volunteered in this work to feel the misery and sadness of other kids. This philanthropy is pushing the individual to change the circumstance into a superior one to make kids feel more joyful and more secure. This philanthropy additionally attempts its earnest attempts to fulfill the youngsters and achieve their necessities. The targets rely upon the dimension of youngsters. The two principle components of this association are received to ensure the life of poor kids just as pushing them to satisfaction. In addition, these associations get ready and sort out the ideal projects and exercises to draw in the consideration of youngsters through playing and different methods for stimulation. The idea of philanthropy is lectured by all religions in the entire world. It is the method for conveying equity to society and equity is the fundamental idea of Islam. Philanthropy is isolated in Islam into two structures; mandatory and willful. Truly, the willful part is known as Zakat and Sadaqa. Zakah, originates from the action word “zaka”, which signifies “to be unadulterated”. At the end of the day, Sadaqa alludes to giving a piece of one’s cash to help other people who need assistance so as to verify their lives. The halfway house of Dhreima expects to coordinate the Islamic arrangement of consideration and safe house for the vagrants into the Arab nation, Qatar. This framework is accomplished by individuals who have the involvement in achieving the fulfillment of the poor youngsters after their endure>
Dhreima is one of the philanthropies in Qatar. It’s viewed as the best group of the vagrants and the perfect condition for the youngsters who are experiencing neediness in Qatar. Philanthropy is the idea of giving. It makes the individual who pursues philanthropy feels the affliction and misery simply like the others. The philanthropy is driving the individual to change the circumstance from terrible to great towards in any event someone else’s life. Philanthropy likewise gives the kids a feeling of joy and fulfillment just as inward harmony. At the point when volunteers demonstrate the effect of their philanthropy towards the required individual, they are fit for giving essentially a feeling of joy to the altruistic individual. Philanthropy has a few shapes through which the individual can offer the philanthropy to someone else who is in need. The destinations are the activities and points of the philanthropy any association intends to accomplish. In this way, every philanthropy association has its very own target which it attempts to achieve. For instance, a philanthropy is meaning to improve the youngsters lives who experience the ill effects of destitution just as sparing them later on. Subsequently, the philanthropy’s goals are to make an emergency line by structure cover or teaching youngsters about how to secure themselves and how to live by utilizing safe ways without experiencing the destitution just as working in steady employments. Accordingly, the exercises of every philanthropy ought to be dedicated to these points and attract the right intends to accomplish the objectives. Another point of this philanthropy is to make the people included and volunteered in this work to feel the misery and sadness of other kids. This philanthropy is pushing the individual to change the circumstance into a superior one to make kids feel more joyful and more secure. This philanthropy additionally attempts its earnest attempts to fulfill the youngsters and achieve their necessities. The targets rely upon the dimension of youngsters. The two principle components of this association are received to ensure the life of poor kids just as pushing them to satisfaction. In addition, these associations get ready and sort out the ideal projects and exercises to draw in the consideration of youngsters through playing and different methods for stimulation. The idea of philanthropy is lectured by all religions in the entire world. It is the method for conveying equity to society and equity is the fundamental idea of Islam. Philanthropy is isolated in Islam into two structures; mandatory and willful. Truly, the willful part is known as Zakat and Sadaqa. Zakah, originates from the action word “zaka”, which signifies “to be unadulterated”. At the end of the day, Sadaqa alludes to giving a piece of one’s cash to help other people who need assistance so as to verify their lives. The halfway house of Dhreima expects to coordinate the Islamic arrangement of consideration and safe house for the vagrants into the Arab nation, Qatar. This framework is accomplished by individuals who have the involvement in achieving the fulfillment of the poor youngsters after their endure>
