Search results
Mar 21, 2024 · Elements of Value Chain. Michael Porter’s value chain concept appeared in his book The Competitive Advantage: Creating and Sustaining Superior Performance. The book explains the company’s methods of creating or adding value to its products. It also illustrates various critical elements required to develop its competitive strategy.
The Harvard Business School professor Michael E. Porter has dedicated much of his career to studying competitive advantage. One of his best-known concepts is the value chain, which is used to deliver a product or service to the market and has three key objectives: to improve services, to reduce costs and to create value.
The purpose of value chain analysis is to find areas of improvement within the value chain that will increase a company’s competitive advantage. What is a value chain? Harvard Business School Professor Michael Porter introduced the concept of a value chain in his 1985 book, Competitive Advantage: Creating and Sustaining Superior Performance .
The value chain analysis sometimes refers to Porter’s value chain analysis model is a well-known business management tool developed by Michael Porter in 1985 in his all-time influential book “Competitive Advantage”. In his book, Porter first time introduced value creation concept. According to Michael Porter, value chain consists all ...
Oct 23, 2021 · Ahli teori ekonomi dan akademisi Michael Porter menciptakan istilah “value chain” dalam bukunya tahun 1985 “Competitive Advantage.” Sejak ia menggambarkan value chain dalam teks tersebut, komunitas bisnis telah menggunakan konsep tersebut secara luas.
Michael Porter invented the Value Chain in his 1985 book Competitive Advantage: Creating and Sustaining Superior Performance. You may have heard of Porter before, he’s also responsible for Porter’s Five Forces and Porter’s Generic Strategies – quite the string of smash hits, strategic planning wise!
Jun 15, 2023 · Analyzing Starbucks’ Value Chain. The business management concept of the value chain was introduced and described by Michael Porter in his popular book, Competitive Advantage: Creating and ...
