21 Elements of Value Chain
Instructions: Apply the 21 elements from the Contemporary Value Chain model, plus additional decision-making factors (all listed below) to evaluate the impact of globalization on a value chain.
Checklist: Address all the items below:
Write an APA formatted minimum 4-page paper, exclusive of the Title and References pages.
Choose and describe a company operating solely in the United States of America (USA) that might be ready to expand globally. Explain what type of global expansion is being considered.
Assume you are the CEO and the ultimate decision-maker of this USA company. You are confident your current domestic value chain is solid but you are concerned about what the impact on your value chain might be if you expand to another country or countries. Identify what will need to be changed or modified in your company’s value chain prior to the expansion by examining all 21 elements of the Contemporary Value Chain Model. When addressing what changes will be needed for each of the 21 elements, describe what decisions may need to be made, by whom, for what reason, and how the elements are interrelated.
21 Value Chain Elements
Budgeting
Competitive advantage
Corporate social responsibility
Culture
Customer need
External resources
Financial
Goals
Idea generation
Information management
Infrastructure
Leadership
People – human resources
People – customers
People – shareholders
Political (external)
Political (internal)
Product development
Strategy
Supply chain management
Technological considerations