95: Value chain mapping | When value chain analysis are useful | Strategic management
The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving7 Jan 2020

95: Value chain mapping | When value chain analysis are useful | Strategic management

We have seen many value chain mapping examples. We have seen good value chain mapping, bad value chain mapping, incomplete value chain mapping. Ultimately, given the nature how value chain mapping will work, it can only do few things and it cannot do a few things. So if value chain mapping is presented to do things it cannot do it is flawed. When you do value chain analysis it is far more useful to see where profits are going to shift over time, that is one thing you have to do. Two, assign some probabilities of what are the odds of this happening. And 3, what influences those probabilities. You are analyzing the entire sector, the entire industry. A lot of things influencing a sector. Consumer spending can change with the recession. Recession can change things. Different legislation could cause profits move from point x to point y. Competitor making a misstep could cause it, new competitor entering, competitor going bankrupt. So whenever someone says I am so certain this will happen you should question their business judgement because you cannot predict the future.

#valuechainmapping #valuechainanalysis #valuechainanalysisexplained

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89: How important is corporate strategy?

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An episode 89 of #StrategySkills iTunes podcast is here (Strategy Skills podcast is ranked among 5-10 top for careers in many countries worldwide). www.FIRMSconsulting.com - optin for email updates to receive access to some episodes from our advanced #strategicmanagement programs.

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88: Scenario planning's common problems

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An episode 88 of Strategy Skills iTunes podcast is here (Strategy Skills podcast is ranked among 5-10 top for careers in many countries worldwide). ScenarioPlanning / ScenarioAnalysis is a powerful tool in consulting. This is how to move from being a consultant to thinking and presenting like a partner. www.FIRMSconsulting.com - optin for email updates to receive access to some episodes from our advanced #strategicmanagement programs.

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87: How to think about financial strategy | management consulting

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FIRMSconsulting.com - optin for email updates to receive access to some episodes from our advanced #strategicmanagement programs. "How to think about financial strategy." The next episode, number 87, of the Strategy Skills iTunes podcast is here. Strategy Skills podcast is ranked among 5-10 top for #careers in many countries worldwide.

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