This post presents a critical analysis of Porter’s Value Chain Analysis (VCA) framework by considering both its benefits and its limitations. It first defines the concept of value chain, discusses the primary and support activities, illustrates how to achieve competitive advantage using value chain, analyzes differentiation and cost using value chain, and finally analyzes all the weaknesses and limitations of the framework. For a critical analysis of Porter’s Five Forces model in IT industry, kindly check out my article Critical Analysis of Porter’s Five Forces Model – Information Technology (IT) Industry.
Posts Tagged ‘competitive advantage’
May 4th, 2013 1 comment
Categories: Strategic Management
actual cost agile availability avoidance bac backward pass balanced scorecard bias budget at completion calculation case study change communication congruence cosgel cost critical path decision making development earned value environment estimate ethics forward pass frank knight free slack google graphic rating scale heuristic hrm human resource interview jamie jamie's food revolution leadership management performance planning probability project risk schedule scrum strategy uncertainty