Q&A: Defining a Value Chain

Hi Sobin—

You can find lots of information on value chains on the web.  Here are three sources:

The value chain, also known as value chain analysis, is a concept from business management that was first described and popularized by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.
en.wikipedia.org/wiki/Value_chain

The sequence of activities that a firm undertakes to create value, including the various steps of the supply chain but also additional activities, such as marketing, sales, and service. Term due to Porter (1990) and used by Krugman in slicing up the value chain.
www-personal.umich.edu/~alandear/glossary/v.html

The sequential set of primary and support activities that an enterprise performs to turn inputs into value-added outputs for its external customers. ...
http://www.ichnet.org/glossary.htm

Hope this helps,

Tammy

Filed under: Talent Management Approaches | Published: 01/15/11