Learn About Value Chain "The value chain helps to identify the skills, processes and linkages necessary to generate success and competitive advantage (Drummond et al., 2008)."

Value Chain

Concept Overview

Value Chain Definition

The Value Chain is a management approach for analysing the activities of a firm and how it can gain competitive advantage (Porter, 1985). The value chain, comprising primary and support activities, includes the full range of activities required to bring a product or service from conception through to the different phases of production, delivery to the final consumer, and disposal after use (Kaplinsky and Morris, 2001).

Value Chain Description *

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Business Evidence

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Examples of Value Chain *

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Business Application

Value Chain Implementation *

Success Factors of Value Chain *

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Professional Tools

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Further Reading

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Value Chain References (4 of up to 20) *

  • Anderson, J. and Narus, J. (1995) Capturing the Value of Supplementary Services. Harvard Business Review, January-February, pp. 75-83.
  • Barney, J.B. (1991) Firm Resources and Sustained Competitive Advantage. Journal of Management, Vol. 17(1), pp. 99-120.
  • Besanko, D., Dranov, D. and Shanley, M. (2000) Economics of Strategy. John Wiley and Sons, New York.
  • Donelan, J.G. and Kaplan, E.A. (1988) Value Chain Analysis: A Strategic Approach to Cost Management. Journal of Cost Management, March/April, pp. 7-15.

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