423: Value chain mapping (Strategy Skills classics)

423: Value chain mapping (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we discuss value chain mapping.

We have seen many value chain mapping examples. We have seen good value chain mapping, bad value chain mapping, and incomplete value chain mapping. Ultimately, given the nature of how value chain mapping will work, it can and cannot do a few things. So if value chain mapping is presented to do things it cannot do, then it is flawed.

When you do value chain analysis, 1.) it is far more useful to see where profits will shift over time. 2.) 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 influence a sector. Consumer spending can change with the recession. Recession can change things. Different legislation could cause profits to move from point x to point y. Competitors making a misstep could cause it, new competitors entering, and competitors going bankrupt. So whenever someone says "I am certain this will happen", you should question their business judgement because you cannot predict the future.

Here are some free gifts for you:

Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach

McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf

Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Subscribe to FIRMSconsulting's YouTube channel: http://bit.ly/Firmsconsultingsubscribe

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(500)

670: Harvard MBA Manisha Thakor on Hungry Ghost Mindset, How to Stop Being a Workaholic, Dealing with Work Addiction (Strategy Skills classics)

670: Harvard MBA Manisha Thakor on Hungry Ghost Mindset, How to Stop Being a Workaholic, Dealing with Work Addiction (Strategy Skills classics)

For this episode, let's revisit a strategy skills classic interview with the author of MoneyZen: The Secret to Finding Your "Enough", Manisha Thakor. In this book, Manisha shares her candid journey ou...

20 Juli 55min

669: Stop Making Stupid Investments (with Founder of The Ultimate Investor, David Leiter)

669: Stop Making Stupid Investments (with Founder of The Ultimate Investor, David Leiter)

David Leiter learned one of investing's hardest lessons while sitting on a trading desk during the dot-com boom. After watching seemingly everyone around him get rich, he finally gave in to the crowd,...

15 Juli 57min

668: Private Equity Firm CEO, Rick Walker, on Power, Success and Getting Results (Strategy Skills classics)

668: Private Equity Firm CEO, Rick Walker, on Power, Success and Getting Results (Strategy Skills classics)

For this episode, let's revisit a strategy skills classic interview with an experienced founder, leader, and thinker across a variety of domains, Rick Walker. In this episode, Rick walks us through hi...

13 Juli 1h 1min

667: The Experience Economy Is Selling You Belonging

667: The Experience Economy Is Selling You Belonging

People will save for four years, eat less, and travel across the world to watch their team play. Kris and Michael walk through Berlin during the World Cup and ask what that spending really buys. This ...

8 Juli 24min

666: How to Overcome Career Frustrations with New York University's Dr. Tessa West (Strategy Skills classics)

666: How to Overcome Career Frustrations with New York University's Dr. Tessa West (Strategy Skills classics)

For this episode, let's revisit a strategy skills classic interview with the author of Job Therapy: Finding Work That Works for You, Dr. Tessa West. In her book, Dr. Tessa West helps you figure out th...

6 Juli 1h 4min

665: Google's Laura Mae Martin on How to Be Productive (Strategy Skills classics)

665: Google's Laura Mae Martin on How to Be Productive (Strategy Skills classics)

For this episode, let's revisit a strategy skills classic interview with the author of Uptime: A Practical Guide to Personal Productivity and Wellbeing, Laura Mae Martin. In her book, Laura shows how ...

1 Juli 54min

664: Negotiations in B2B Sales and Day to Day Leadership Situations with Andres Lares (Strategy Skills classics)

664: Negotiations in B2B Sales and Day to Day Leadership Situations with Andres Lares (Strategy Skills classics)

For this episode, let's revisit a strategy skills classic interview with the co-author of Persuade: The 4-Step Process to Influence People and Decisions, Andres Lares. This book delivers a concise and...

29 Juni 52min

663: Ex McKinsey and LBS Lecturer, Dr. Rebecca Homkes, on High Growth Strategy (Strategy Skills classics)

663: Ex McKinsey and LBS Lecturer, Dr. Rebecca Homkes, on High Growth Strategy (Strategy Skills classics)

For this episode, let's revisit a strategy skills classic interview with the author of Survive, Reset, Thrive: Leading Breakthrough Growth Strategy in Volatile Times, Dr. Rebecca Homkes. Survive, Rese...

24 Juni 53min

Populärt inom Business & ekonomi

framgangspodden
badfluence
varvet
dynastin
avanzapodden
uppgang-och-fall
svd-tech-brief
rss-inga-dumma-fragor-om-pengar
fill-or-kill
bathina-en-podcast
rss-hos-psykologen
rss-kort-lang-analyspodden-fran-di
rikatillsammans-om-privatekonomi-rikedom-i-livet
borslunch-2
rss-borsens-finest
rss-veckans-trade
rss-dagen-med-di
tabberaset
ekonomiekot-extra
rss-dominoeffekten