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Article
Publication date: 14 April 2014

Wayne McPhee

The sustainable activity model re-envisions Porter's value chain to reflect the emerging impact of sustainability on firm strategy. The model helps to convert high level

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Abstract

Purpose

The sustainable activity model re-envisions Porter's value chain to reflect the emerging impact of sustainability on firm strategy. The model helps to convert high level sustainability vision statements into a new set of actions that can create value from emerging issues like climate change, resource constraints, and a smaller, more connected world.

Design/methodology/approach

The emergence and growth of sustainability, provides an opportunity to rethink traditional business models to better reflect current and emerging market conditions. Porter's value chain was adapted to reflect that: the value of a firm is based on more than just the profit margin and includes reputation, brand value and license to operate; sustainability can generate value by improving both internal and external engagement and collaboration; and the impact that the firm has on the outside world need to be included in firm strategy and decision making.

Findings

The sustainable activity model is useful for focusing strategy on the material impacts of the firm rather than focusing on the issues that are most prevalent in the media or where managers have a particular interest. The model allows the firm to clearly set out new actions and new behaviors that change how the firm interacts with the world and how value is created.

Originality/value

The sustainable activity model adapts the traditional value chain model to better fit the business issues that have emerged over the last 25 years and to prepare for a future that will continue to change at an ever increasing rate. Applying the model to strategy and business decisions will encourage new ways of thinking about value and generate new activities for creating value and enhancing the resilience of the firm against future changes as the sustainability trend continues to evolve.

Details

Journal of Business Strategy, vol. 35 no. 2
Type: Research Article
ISSN: 0275-6668

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Article
Publication date: 1 July 2006

Wayne McPhee and David Wheeler

Porter's value chain has been a keystone of strategic analysis. However, because of processes associated with economic globalization: outsourcing, brand marketing and “knowledge

19173

Abstract

Purpose

Porter's value chain has been a keystone of strategic analysis. However, because of processes associated with economic globalization: outsourcing, brand marketing and “knowledge economy” phenomena, value drivers have changed dramatically over the last 20 years. The added‐value chain provides an expanded mental model for practitioners and academics to develop and communicate strategies for value creation.

Design/methodology/approach

The expanded set of activities in the added‐value chain was developed based on experience using the value chain in real world situations and analyzing leading business and strategy models that are commonly used by firms today.

Findings

The added‐value chain incorporates new sources of value creation such as the firm's brand, reputation and “social capital” or goodwill in addition to profit margin. The Added‐Value Chain also adds three primary activities.

Practical implications

Managers performing value‐chain analysis need to take into account newly important business drivers.

Originality/value

Expanding the value chain ensures that no potential strategic activity is forgotten and no opportunity for enhancing value is over‐looked.

Details

Strategy & Leadership, vol. 34 no. 4
Type: Research Article
ISSN: 1087-8572

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Article
Publication date: 4 July 2008

David W. Crain and Stan Abraham

The paper aims to offer a five‐step method for discovering a customer's particular strategic needs based on a unique application of value‐chain analysis.

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Abstract

Purpose

The paper aims to offer a five‐step method for discovering a customer's particular strategic needs based on a unique application of value‐chain analysis.

Design/methodology/approach

The paper presents a five‐step approach. Step 1 explains how internal and external value chains can be used separately and in related ways. Step 2 shows how to construct a customer's value chain. Step 3 shows how to identify the customer's business strategy by examining this value chain and using other kinds of information. Step 4 explains how to use additional information and intelligence to leverage that understanding into strategic needs and priorities. Step 5 explains how a firm's marketing function can best use this method of value‐chain analysis as a new strategic capability.

Findings

The benefits for doing this analysis on important customers include: identifying new high value business opportunities (and improving revenue); and strengthening the business‐to‐business (B2B) customer relationship: clarifying their strategic priorities allows enhanced alignment of actions with desired results.

Practical implications

A value‐chain analysis – combined with other kinds of information –is key to discovering the B2B customers' strategic needs and creating new business that will not only get a receptive audience but also command premium margins.

Originality/value

For B2B service companies, it is the external value chain that presents many new opportunities for business growth. Even though these processes occur outside the corporation, the strategic opportunities they reveal and areas of risk they highlight warrant careful study.

Details

Strategy & Leadership, vol. 36 no. 4
Type: Research Article
ISSN: 1087-8572

Keywords

Available. Content available
Article
Publication date: 1 July 2006

313

Abstract

Details

Strategy & Leadership, vol. 34 no. 4
Type: Research Article
ISSN: 1087-8572

Available. Content available
Article
Publication date: 1 July 2006

Catherine Gorrell

99

Abstract

Details

Strategy & Leadership, vol. 34 no. 4
Type: Research Article
ISSN: 1087-8572

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Article
Publication date: 12 April 2022

Khairul Islam, America L. Edwards, Duli Shi, JungKyu Rhys Lim, Ronisha Sheppard, Brooke Fisher Liu and Matthew W. Seeger

This study investigates the processes that the US universities and colleges used to learn during the COVID-19 pandemic and the factors that facilitated and impeded their learning…

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Abstract

Purpose

This study investigates the processes that the US universities and colleges used to learn during the COVID-19 pandemic and the factors that facilitated and impeded their learning processes.

Design/methodology/approach

To address this study’s research questions, this study used a crisis communication and learning lens to interview crisis response team members from 30 US higher education institutions in May 2020 (the first pandemic semester). In October 2020 (the second pandemic semester), this study conducted follow-up interviews with 25 of the original interviewees. Overall, this study conducted 55 interviews.

Findings

Learning during the COVID-19 pandemic is facilitated by a recognition of a serious deficiency in the current system and impeded by the need to act quickly. The findings demonstrate the process by which decisions, actions and strategies emerged during crises.

Originality/value

This investigation illustrates how crises can prompt organizational learning while demonstrating the critical role of internal and external resources in the learning process.

Details

The Learning Organization, vol. 29 no. 4
Type: Research Article
ISSN: 0969-6474

Keywords

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Book part
Publication date: 21 July 2022

Sofia Persson and Katie Dhingra

Abstract

Details

Rape Myths: Understanding, Assessing, and Preventing
Type: Book
ISBN: 978-1-80071-153-2

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Abstract

Details

Global Talent Management During Times of Uncertainty
Type: Book
ISBN: 978-1-80262-058-0

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Book part
Publication date: 10 September 2019

Brent D. Ruben and Ralph A. Gigliotti

Abstract

Details

Leadership, Communication, and Social Influence
Type: Book
ISBN: 978-1-83867-118-1

Available. Open Access. Open Access
Article
Publication date: 12 April 2018

Susana de Juana-Espinosa and Anna Rakowska

The purpose of this paper is to explore the effects of job satisfaction practices for public sector employees through a cross-national approach.

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Abstract

Purpose

The purpose of this paper is to explore the effects of job satisfaction practices for public sector employees through a cross-national approach.

Design/methodology/approach

A multi-group analysis was carried out using SmartPLS3 among non-teaching employees of public universities in Poland and Spain.

Findings

The results show a positive relationship between motivational factors and job satisfaction; however, there is no evidence that the variable “country” introduced significant differences.

Originality/value

The research findings contribute to a better understanding of job satisfaction for public employees and provide empirical evidence on the relationship between job satisfaction and public culture.

Details

European Journal of Management and Business Economics, vol. 27 no. 2
Type: Research Article
ISSN: 2444-8451

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