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Understanding the Dynamics of the Value Chain (Operations and Supply Management)


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#708656 in eBooks 2013-01-25 2013-01-25File Name: B0149MCAACIn his 1985 book, Competitive Advantage, Michael Porter introduced the concept of the value chain and described it as ldquo;a systematic way of examining all activities a firm performs and how they interact, (necessary) for analyzing the sources of competitive advantage,rdquo; and introduced the idea of ldquo;linkages,rdquo; which was the real breakthrough in management thinking. Thinking of a firm as a series of horizontal and vertical linkages put the spotlight on the silo mentality within whi...

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