Critical differences exist between the physical and the virtual value chains. The physical value chain (PVC) is a linear sequence of distinct activities of in- & output, leaving same assets and resources to be used only once.
The virtual value chain (VVC) is nonlinear, fuelled by information and far more flexible from the perspective of extracting value at any point of in- & output. Applying the VVC design allows use of same assets and resources more than once.
No matter organisations and management teams recognise one or both ways of creating value, it remains critical that a razor sharp strategy exists to capture the complexity of their intersection. In turn, how well is that strategy linked to corporate and business objectives? How well did you integrate stakeholders?
Innocope supports management teams analysing current value chain design, investigating integration potential of both architectures in accordance to the digital ambitions of the organisation.
Please, feel free to contact Innocope for a detailed introduction to the Value Chain Analysis service concept.
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