Value chain analysis is a strategic framework for breaking your business down into its core activities to see where you can create maximum business leverage. Think of it like a detailed map of your operations. It shows you exactly where your company creates value for customers, uncovering hidden opportunities to| Think in Leverage
Value Chain analysis is a process improvement methodology developed by Michael Porter of Harvard Business School in the 1980's. It is a part of the field of strategic analysis. The "value chain" refers to the process of creating value throughout each step of of the business chain. For example, An exploration company creates value by... [Read More]| ProjectEngineer
Strategic planning involves the development of actions that support the achievement of a corporate goal. The corporate goals must be defined first, and the strategic plan becomes the "how to" manual to achieve the goals. Business schools make strategic planning more complicated than it is. If you understand these 8 tools, you've mostly mastered the... [Read More]| ProjectEngineer
