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Ijaz Ali
Student (University), United Kingdom
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Value Chain versus Diamond Model
Hi, can anyone explain in a few words what is the main difference between Porter's Diamond and Value Chain models?
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ahmed
Student (University), Albania
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Value Chain can Fit in Diamond Model From my point of view, I think the Value Chain can fit in the Diamond Model, because the Diamond Model explains why a specific industry or company got high competition in the international market. But value chain is something internal of a company, that explains each process, areas and competition adv.
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Jaap de Jonge
Editor, Netherlands
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Value Chain and Diamond Models. Main Difference Yes. Both are aimed at analyzing and achieving advantage. Their level is the main difference:
- The Value Chain model is used for internal analysis of the activities and processes inside a firm to achieve a competitive advantage over other firms.
- The Diamond model is used at a higher — national — level, the analysis of the market / industry situation surrounding firms to achieve a comparative advantage over other nations, clusters.
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Dilip Khanal
CEO, Nepal
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Value Chain and Diamond Model The value chain model is to ascertain value creation in each activity from inbound logistics to after sale service.
Whereas the diamond model refers to set of conditions where a business has to operate.
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