How strategic blunders helped derail the iconic Monitor Group
It would appear that Michael Porter’s own firm, the Monitor Group, faltered from the very gaffe the strategy guru has warned countless companies and nations against: getting “stuck in the middle” without a competitive advantage. The Cambridge consulting firm that the famous Harvard Business School professor started used to go head-to-head with the likes of Bain & Co. and the Boston Consulting Group. But earlier this month, Monitor filed for Chapter 11 and agreed to be taken over by Deloitte. It was a steep fall for the high profile firm.