Revolutionizing Business: New Value Chain Thinking Boosts Company Competitiveness
The article discusses the concept of value chains, which are a series of activities that organizations do to create and sell products. By improving how these activities are done, a company can become more competitive. The researchers propose a new way of thinking about value chains, focusing on creating and sustaining value through connected activities. They introduce a model with four steps: finding value, designing value, delivering value, and capturing value. Their approach aims to help companies improve their value chains to be more successful.