In today’s competitive business environment, strategic clarity is essential. A well-defined mission, vision, and values framework serves as a guiding star for decision-making and ensures alignment across operations. Central to achieving this clarity is understanding your business’s value chain—a powerful tool that dissects your operations into distinct activities to identify where value is created, costs are incurred, and competitive advantages can be leveraged.
This article explores the value chain concept and provides a practical three-step framework to analyse and align it with your mission, vision, and values, helping businesses optimize operations, reduce costs, and enhance their competitive edge.
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It really boils down to this: that all life is interrelated. We are all caught in an inescapable network of mutuality, tied into a single garment of destiny. Whatever affects one destiny, affects all indirectly.
Martin Luther King Jr.