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Value Chain for Services Industry

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Value Chain (Porter)

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Aji Wibowo
27
Aji Wibowo
Student, Indonesia

Value Chain for Services Industry

I have read somewhere, that this model is not applicable for services industry, is it true? And does anybody know, if possible, a good model for strategic management for services industry? Thank you!

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  Shamika N. Joshi
1
Shamika N. Joshi
Student (University), United Kingdom
 

Value Chain in Travel and Tourism

You can apply this model to service industry please find Poon 1993 Value Chain adopted by Porter 1985 you might get this book - 'Strategic Management for Travel and Tourism' by Nigel Evans, David Campbell and George Stonehouse.

  Bernadette
0
Bernadette, Kenya
 

Value Chain can be Applied in Any Organisation

Value chain is applicable in any organisation since primary and support activities are found in all organisations in some form.
They are always present and there can be a cost advantage in optimizing both primary and support activities.

  Robert Osborne
0
Robert Osborne, United States
 

Value Chain Model is Applicable in Any Industry

The concepts and framework for value chains as presented by Porter are valid in any industry and business. A business cannot exist without value chains, processes, activities and corresponding business rules, targets and resources.
Value chains are an excellent way to model and present the model of the business so that it can be easily understood, redesigned, modeled and managed.

  Jaap de Jonge
1
Jaap de Jonge
Editor, Netherlands
 

Value Chain is Aimed at for Profit Firms

While you can apply the value chain model in an analogous way to any kind of organization, Porter's original model obviously focused on traditional companies that make products and the services required to do so.
Although a government organization also has primary and support activities, and you can analyze the costs of each one, these are very different from those in a typical product manufacturer. The model also has little added value for service companies such as law firms or an accountancy firms.

 

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More on Value Chain (Porter)
Summary Discussion Topics
topic How to apply the value chain? Activities and Linkages
topic Value Chain Management versus Supply Chain Management?
topic Value Chains ⇨ Value Networks
👀Value Chain for Services Industry
topic Inventory Replenishement in Value Chain
topic Value Chain versus Diamond Model
topic How to Deal with Conflicts Between Marketing and Operations
topic Value Chains and Industries
topic Value Chain in Legal Services
topic Procurement in the Value Chain Approach
topic Customer Value Chain (CVC)
🔥 Disadvantages of Value Chain Analysis
topic Order Management in Porters Value Chain?
Special Interest Group


More on Value Chain (Porter)
Summary Discussion Topics
topic How to apply the value chain? Activities and Linkages
topic Value Chain Management versus Supply Chain Management?
topic Value Chains ⇨ Value Networks
👀Value Chain for Services Industry
topic Inventory Replenishement in Value Chain
topic Value Chain versus Diamond Model
topic How to Deal with Conflicts Between Marketing and Operations
topic Value Chains and Industries
topic Value Chain in Legal Services
topic Procurement in the Value Chain Approach
topic Customer Value Chain (CVC)
🔥 Disadvantages of Value Chain Analysis
topic Order Management in Porters Value Chain?
Special Interest Group
Knowledge Center

Value Chain (Porter)



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