M15EFACFS;Objectives:
Explain the concept of a value chain
To link notion of Value Chain to Strategic Capability/Resources and Competences
Use a value chain framework to identify strengths and weakness
To explain the notion of “Value” and link this to gaining competitive and financial advantage
To identify the components of the Value Chain
To explain the relevance of “Cost Drivers”
To recognise the importance of the wider “Value System” or the “Value Network”;Link with “Strategic Capability”:
Last week we looked at how to analyse:
Resources
Competences – the ability to carry out activities:
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