Leg 6. From Hong Kong to Auckland (XII). Getting so close. Innovations in the Value Chain.
Good afternoon for all:
Today here we are again. The closing of Leg 6 is just almost there. I hope you had a beautiful weekend, enjoying it with the family!. We are so close to Auckland. At the moment the fleet is in full mood to arrive at Auckland. According to the Volvo Ocean Race representatives, the first three teams (Akzo Nobel, TTOP and Scallywag) will be arriving in less than 20 hours. The rest of the fleet is a bit far from the destination, but moving forward. Team Brunel strategy did not give the expected results and this team is the last one at the moment.
Fleet Position 26022018. Source: Volvo Ocean Race website.
Let´s start our strategy material for today. The theme of this post is “Innovations through Value Chain Analysis”. Let´s go to what I have prepared for you today in the following set of slides:
If you wish to see the material in PDF, click here please Eliescalante Leg 6 The Value Chain Analysis I 25feb2018.
I feel so overwhelmed at the moment, so many things to show you and so little time. The bottom line behind the slides shown above is to guide you through the main ramifications of the original Value Chain Analysis over the last 33 years. Of course, there are more in the marketplace, but I believe this is a good summary of how academics and practitioners have modified the original VCA to adapt it for their own purposes or objectives.
As I told you before, each industry and sector, can and has the right to modify the generic Value Chain from Porter and make it work for their own particularities. The extended Value Chain Ecosystem is the result of adapting it to technology companies. The Global Value Chain is just a simple modification which answers the globalization of value chains. The Supply Value Chain is a “science” that is being taught in universities under the name “Supply Chain Management”. The Digital Value Chain for some, or Digital Supply Chain for others, is still a work in progress. I am sure there is going to be a “Save the Bees” Value Chain if we want to be successful for them and for us too. If the bees die, we will die too. An Australian artist has created a design that offers bees a safer way to pollinate flowers—and the consequences could be profound.
I will leave you today with the following video. It is about the Shared Value Chain, which is an effort prepared by Michael Porter and Mark Kramer to create economic value by creating societal value.
Eleonora Escalante Corporate Advisory Services aims higher. Our service is beyond Creating Shared Value. I believe our companies must put ETHICS at the core. Without ethical values (which are global, no matter what religion you are, ethical values are always the same), it is not possible to create shared value. Without Ethical Values, it is not possible to rely on business, neither to have beautiful businesses. That is why I have created the term CREATING INTEGRAL VALUE.
Without integrity and ethics the bees will die on the planet, and so do we (the humans). This is all for today.
Thank you. See you later, with the summary and conclusions wrap up post for Leg 6.
13:08 pm – San Salvador.
Source References and Additional Bibliography:
https://itif.org/publications/2014/11/30/how-silicon-valley-innovation-ecosystem-creates-success
https://www.gsb.stanford.edu/faculty-research/centers-initiatives/vcii
https://create.stanford.edu/courses/innovating-through-value-chains
https://www.architecturaldigest.com/story/3-d-printed-flowers-may-help-save-bee-population
https://www.supplychain247.com/article/cscmp_its_time_for_supply_chains_to_adapt_or_die/GT_Nexus
https://www.forbes.com/sites/matzucker/2016/12/10/how-to-start-a-thing/#6c877ed4163a
https://www.strategy-business.com/blog/Four-Business-Models-for-the-Digital-Age?gko=67c74
https://www.provenmodels.com/574/business-ecosystem/james-f.-moore
https://www.gsb.stanford.edu/faculty-research/faculty/hau-l-lee
http://visual-means.com/the-long-journey-of-a-nutella-jar
https://www.supplychain247.com/article/10_supply_chain_trends_for_the_next_10_years
https://www.gartner.com/technology/supply-chain/top25.jsp
https://scm.ncsu.edu/scm-articles/article/what-is-supply-chain-management
https://globalvaluechains.org/concept-tools
https://www.strategyand.pwc.com/reports/industry4.0
Disclaimer: All the presentation slides shown on this blog are prepared by Eleonora Escalante MBA-MEng. Nevertheless, all the pictures or videos shown on this blog are not mine. I do not own any of the lovely photos posted unless otherwise stated.
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