Understanding the dynamics of the value chain [electronic resource] /
William D. Presutti, Jr. and John Mawhinney.
- 1st ed.
- [New York, N.Y.] (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2013.
- 1 electronic text (xiv, 127 p.) : digital file.
- Supply and operations management collection, 2156-8200 .
- 2013 digital library. Supply and operations management collection. .
Part of: 2013 digital library.
Includes bibliographical references (p. 121-124) and index.
List of illustrations -- Acknowledgments -- Introduction -- The value chain revisited -- The value chain's impact on competitiveness and profitability -- Boundarylessness and the value chain -- Enablers of effective value chain management -- Organization-wide variable pay: the missing link in managing the value chain -- Corporate social responsibility and the value chain -- References -- Index.
Access restricted to authorized users and institutions.
The year was 1985. Michael Porter of the Harvard Business School published his business best-selling book, Competitive Advantage. It was touted at the time as "the most influential management book of the past quarter century." In that book, Porter introduced the concept of the value chain, described as "a systematic way of examining all activities a firm performs and how they interact, (necessary) for analyzing the sources of competitive advantage." Looking back, the most significant and lasting contribution of Porter's value chain was the notion of interrelationships among a firm's many activities. It is the idea of "linkages," as he called them, which was the real breakthrough in management thinking. The linkages could be either horizontal among the activities inside the firm or vertical with constituents outside the firm including suppliers and customers. It was the firm and its outside constituencies and their respective value chains that formed what he called the value system in which all organizations operate.
Mode of access: World Wide Web. System requirements: Adobe Acrobat reader.
9781606494516 (electronic bk.)
10.4128/9781606494516 doi
Competition. Value added.
traditional value chain contemporary value chain dimensions of competitiveness value chain management and profitability required skills and abilities reverse value chain rethinking compensation practices