The value chain is a set of processes that create value and can be used not only in the business environment but also in my personal life. When the value chain can help create competitive advantage and improve my performance on the job, parenting, or when I am purchasing or providing a service. The key to any significant value chain is recognizing value added steps and by using continuous process improvement to streamline the value chain. In my current career, I am gaining competitive advantage by continuing my education to earn my graduate degree. A degree is something that my current co-workers have not obtained and will help position me into a competitive advantage for advancement. The method or process in which I follow to ensure that all aspects of assignments are complete is a checklist with priorities via a calendar. During the past week, this is a process that I have marked for process improvement.
I recognized that even though I am turning the assignment in on time, I failed in the process to ensure all aspects of the class deliverables are completed on time. I currently accepted a promotion to the Resource Manager job; one of my duties is to strategically to add value to subordinates. Understanding how direct reports feel valued in the work place and building a relationship based on trust is essential. I have created an atmosphere of trust by analyzing and evaluating situations even before they are a problem. It is essential that employees feel that their thoughts and ideas are acknowledged, and credit is given to the correct person.
The Essay on Value Chain as Competitive Advantage
Customer-centric businesses focus on consistently delivering a differentiated experience designed to satisfy the customer. The ultimate goal is to sustain competitive advantage in the marketplace. The purpose of this paper is to demonstrate why an effective value chain creates competitive advantage. Review of Concepts Value Chain The value chain is a concept developed by recognized Harvard ...
I have created a system in the department in which, employees bring these ideas to the table where they are shared and evaluated for adherence to senior management, creating value. I re-evaluating my career goals to help maintain focus in keeping my goals attainable. Creating value is necessary when looking at long-term goals. I always identify and eliminate wasteful activities that do not add value and keep me stagnate on the job. Recently, I re-evaluated emphasizing in a specialty for my degree.
I signed up for specialized classes in Project Management, but found that it would not create value or help in obtaining my career goals. Value is accomplished at work through employees using tools and processes to get the job done. I not only use the value chain on the job but in my home life as well. Parenting is not an easy task. In using standard processes in performing family functions allows the children to function in a more value added basis. One way that adds value to my family is eating dinner and discussing daily events. This allows me to become more involved in the lives of my family and creates value. In addition, in using guidance of grandparents value is created and shared for an authentic solution.
Homework is accomplished as a family; the process involves analysis and evaluation of homework with the goal of no mistakes prior to submission. Value is created when each family member takes something away from the learning experience. When I buy a product or service, the evaluation of performance or former clients are vital in determining whether to commit resources. A product or service that creates value is the lock-in service performed by the YMCA. The lock-in is for children ages 5 to 16 and adds value by allowing parents to do things such as Christmas shop or the ability to perform a task. The monetary value of the lock-in is minor compared to the time savings it brings.
In addition, I am constantly comparing products to achieve the best value for my money. The value chain is available in all aspects of my life. Using business analysis, value analysis, evaluation, and planning helps to eliminate wasteful activities. In my career, I have created a competitive advantage by training and recognizing areas where I can excel and be better. My home life is a form of routines and processes that support family growth and promotes moving forward. The value chain is about the value in each step of the process in which I am engaged.
The Essay on Goals Of Life
Goal in life Ever since I was a little kid there has been a few things on my mind that I have always wanted to do in life. Not a day went by where I didn’t wanted to do these certain things in life, I have dreamt about doing it and now today I’m trying to fulfill that dream and become what I’ve always wanted to do. Now that I am in college I’m learning that it’s not a walk in the park, but the ...
