Understanding the Dynamics of the Value Chain

Suggested Actions

•Keep the value chain enablers as a critical component of ­strategic plan development.

•Never lose focus of the value of the individual’s knowledge, skills, and beliefs in maintaining an effective value chain culture.

•Study the similarities and differences of the internal and ­external value chain enablers.

•Commit to enterprise value chain mastery before addressing extended value chain integration.

•Create a culture based on trust, internal and external, to ­experience the benefits of value chain management.