Hi Soma, you were very succinct in explanation and was able to help me understand how to apply value chain analysis on a service business in 6 mins - there were tonnes of this analysis on manufacturing business out there, but none on service. Thank you for putting this video up.
I happened to read the Michael Porter's Value Chain Analysis because the new subject has been assigned to teach for our students.I have gained detailed knowledge by watching this video. Though there are many books on Value Chain Analysis but the videos are more clear to acquire the new knowledge and its process step by step. Thank you for your nice video. Regards Senapathy
Hi Soma! I believe your's is the only video (when one searches for "value chain analysis service industry"), that specially details with service Industry! Thanks so much for this video... Though for better outreach, please do try putting #value_chain_analysis_service_industry Hope it helps! Again, thank you so much for this example...
+John Masunda Hi, John. VCA benefits all businesses, in all industries, large or small. If a company can't define and articulate it's value how will it "sell" itself to their most important stakeholders. I'm going to assume (dangerous I know) that many of your small farmers do business B2B. In that case, it's important to map out each touchpoint in the chain and analyze what, and how much, value the farm provides at each point.
@@SomaxDatta I think you meant with large and small ,organisation type: simple or multidivision. If is a farmer than it is a simply division organization type,what you call in amateur term-small. For that kind of buss´niess is not needed value chain if you have learned those things chronological. The famer is the manager therefore he doesnt need administration and other posts. Does it make any sense? The line in secondary activityes is no needed.
+muaaz mohideen Finding VCA information on services in general is difficult as theory was developed for manufacturing first. What part of the software industry are you referring to in your comment?
Anh, when you re-watch the video, every time I say customer or consumer, think of the person you're selling to. Whether it's B2B or B2C, there is a person behind the sale. How do you increase value to them through your business activities?
***** Hi, Ralph. The firm's infrastructure are the processes and people that do the work for your company. Think about how finance, sales, and customer service all work.
Dear Friends, I have a question: In the Value Chain Ananlysis, could you talk how the support activities create company margin?. Give me some examples. Thank you.
Technology. Increasing your output per hour by purchasing a piece of upgaded machinery with the latest technology to get more goods sold in the marketplace.
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Very clear & concise on concept with an example. Thank you !
This piece is loaded with substance. Thank you Dr. Soma Jurgensen.
Hi Soma, you were very succinct in explanation and was able to help me understand how to apply value chain analysis on a service business in 6 mins - there were tonnes of this analysis on manufacturing business out there, but none on service. Thank you for putting this video up.
lone rider You are welcome! I found the same thing which is why I created this video. Please share it with others you think would benefit.
I happened to read the Michael Porter's Value Chain Analysis because the new subject has been assigned to teach for our students.I have gained detailed knowledge by watching this video. Though there are many books on Value Chain Analysis but the videos are more clear to acquire the new knowledge and its process step by step. Thank you for your nice video.
Regards
Senapathy
The concept is very clear and precise.
Very good and simple explanation, thank you for this clear a easy to understand analisys
Thank you for a very clear presentation
Thank you Madam. very helpful.
Hi Soma! I believe your's is the only video (when one searches for "value chain analysis service industry"), that specially details with service Industry! Thanks so much for this video... Though for better outreach, please do try putting
#value_chain_analysis_service_industry
Hope it helps!
Again, thank you so much for this example...
She have the name inspired from the nervous system nucleus where organelles are located...
That's a clear explanation, thank you.
Very nice. Thank you and I'll be watching more of your videos.
thanks for the explanation. clear and to the point
Thank you very much Soma video will help me to finish the assignment
Thanks Soma, this helps a great deal.
Can i apply this identification of value-added activity on the activity based costing?
Nice presentation
Hi Soma, can you shade light on the importance of carrying VCA to smallholder farmers.
+John Masunda Hi, John. VCA benefits all businesses, in all industries, large or small. If a company can't define and articulate it's value how will it "sell" itself to their most important stakeholders. I'm going to assume (dangerous I know) that many of your small farmers do business B2B. In that case, it's important to map out each touchpoint in the chain and analyze what, and how much, value the farm provides at each point.
Soma Jurgensen.
@@SomaxDatta I think you meant with large and small ,organisation type: simple or multidivision. If is a farmer than it is a simply division organization type,what you call in amateur term-small. For that kind of buss´niess is not needed value chain if you have learned those things chronological. The famer is the manager therefore he doesnt need administration and other posts. Does it make any sense? The line in secondary activityes is no needed.
what technology development refers to restaurant?
please share a vedio on labour value chain and how it's impact on subsector
Hi , Nice video , could you recommend a resource to refer value chain analysis for software industry .for further detail info ...i need .
+muaaz mohideen Finding VCA information on services in general is difficult as theory was developed for manufacturing first. What part of the software industry are you referring to in your comment?
You are amazing! Thank you
hi Soma ! may I assk about the value chain of the Market research Agency (Supplier). Since this one is in B2B market its pretty confusing to me :)
Anh, when you re-watch the video, every time I say customer or consumer, think of the person you're selling to. Whether it's B2B or B2C, there is a person behind the sale. How do you increase value to them through your business activities?
Very useful, thx
Thanks so much
Got it except for some of the slides are illegible.
hi Soma! I want to ask something! how can i personal message you? thanks!
What does firm infrastructure refers to?
***** Hi, Ralph. The firm's infrastructure are the processes and people that do the work for your company. Think about how finance, sales, and customer service all work.
Rethorichal question...Why is called VALUE chain and not direct Margin and Profitability? ...
Dear Friends, I have a question: In the Value Chain Ananlysis, could you talk how the support activities create company margin?. Give me some examples. Thank you.
Technology. Increasing your output per hour by purchasing a piece of upgaded machinery with the latest technology to get more goods sold in the marketplace.
thx ur video so helpful :)
Nice.
anyone here go to wgu?
Seriously need to work on explaining this in under 1 minute; anything longer is unnecessary.
I'd love to see your attempt. Feel free to post a link.
Yeah, I'd love to see your video. Please give us the link explaining it to us.
Soma Jurgensen that burn hahahaha