In this episode of Business To You, Lars continues to talk about the internal organization by introducing Porter's Value Chain Analysis. The Value Chain is a great framework to examine the internal organization in addition to the VRIO Framework. It allows a more structured approach of assessing where in the organization true value is created and where costs can be reduced in order to boost the margins. It also allows to improve communication between departments.
More information:
https://www.business-to-you.com/value-chain/
You might also like our video on the VRIO Framework:
https://youtu.be/SD8XJw_qeNI
You might also like our video on Porter's Five Forces:
https://youtu.be/Dfp23xSqpdk
You might also like our video on the BCG Matrix:
https://youtu.be/gNR49lk5dS0
You might also like our video on PESTEL Analysis:
https://youtu.be/bYn4CyL3r5w
Special thanks to Besseling Techniek (https://www.besselingtechniek.nl/en/) for allowing us to film its production process.
Lars de Bruin (http://linkedin.com/in/larsdebruin) graduated as Master of Science (MSc.) in Strategic Management from the Rotterdam School of Management, Erasmus University. In addition he has studied business around the world at universities such as UC Berkeley, Harvard, Universitat Pompeu Fabra, London School of Economics, Radboud University and the Chinese University of Hong Kong. Lars has a special interest in strategic M&A and is a licensed Business Valuator in the Netherlands.
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