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    The Value Chain Shift

    Seven future challenges facing top executives
    By Carlos Cordon and Teresa Ferreiro Vilarino
    137 pages
    Paperback
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    Value chains today have a huge impact on multinational corporations’ right to exist and the way they compete.

    The future challenges associated with value chains are also huge and include new demands from society, emerging-market strategies, resource scarcity, risk proliferation and other issues. Anticipating and addressing these future challenges are crucial if companies are to compete effectively.

    IMD and several multinational companies created the IMD Global Value Chain Center (VC2020) in June 2011 to develop research about the future of value chains. This book summarizes some of the key findings from this two-year project.

    Contact

    Research Information & Knowledge Hub for additional information on IMD publications

    This book is part of a series
    • How speed affects risks, opportunities and new business models in value chain
    • Measuring corporations' cost and contribution to society
    • Optimizing IT-enabled processes and systems in the value chain: The role of governance
    • Scale and speed: Traditional multinationals versus emerging market firms
    • The organizational design shift
    • The value chain shift: Seven future challenges facing top executives
    This book is part of a series
    • How speed affects risks, opportunities and new business models in value chain
    • Measuring corporations' cost and contribution to society
    • Optimizing IT-enabled processes and systems in the value chain: The role of governance
    • Scale and speed: Traditional multinationals versus emerging market firms
    • The organizational design shift
    • The value chain shift: Seven future challenges facing top executives
    The Value Chain Shift
    Paperback
    eBook

    You can also buy the book on Barnes & Nobles, Book Depository, Orell Füssli and Routledge.

    Publisher
    International Institute for Management Development
    ISBN
    9782940485086
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    How speed affects risks, opportunities and new business models in value chain
    By Carlos Cordon
    in Cordon, Carlos, Ferreiro, Teresa / The value chain shift: seven future challenges facing top executives, pp. 107 - 119
    Summary
    The impact of speed on risks and opportunities is tremendous. While higher speed increases costs, it can also reduce risks and increase business opportunities. However, the “faster is better” maxim has its limitations. Depending on the industry and the context in which companies are operating, they need to determine their optimal speed. Despite the fact that many companies would like to increase their speed because of the volatile context of recent years, increasing levels of control, bureaucracy and¦compliance regulations are decreasing speed and making companies more vulnerable to risks and less able to take advantage of opportunities. The VC2020 research proposes a new model in this chapter that shows how companies¦can substantially improve both their speed and costs by standardizing products and removing variability. However, they need to find the right balance among speed,¦efficiency and variability. A supply chain or a process might be strong on two of these dimensions, but it cannot be strong on all three. The right speed falls at the point¦where the cost is minimized.
    Contact

    Research Information & Knowledge Hub for additional information on IMD publications

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    The value chain shift: Seven future challenges facing top executives

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    Edited by Carlos Cordon and Teresa Ferreiro Vilarino
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    Measuring corporations' cost and contribution to society
    By Polina Bochukova Carlos Cordon and Teresa Ferreiro Vilarino
    in Cordon, Carlos, Ferreiro, Teresa / The value chain shift: seven future challenges facing top executives, pp. 27 - 41
    Summary
    Prior to the 2008 crisis, it was an (almost) universally held belief that business should be conducted for the benefit of shareholders. Governments should interfere as little as¦possible with business to avoid hampering efficiency, wealth creation and economic growth. That world collapsed in 2008. During the months following the Lehman¦Brothers debacle, politicians and governments across the globe were forced to save their countries’ largest businesses, from auto manufacturing to banking. This soon¦became a tragi-comedy. The CEOs of America’s largest automotive companies flew to Washington in their luxurious private jets asking for bailouts worth billions in taxpayer money. Since then, it has become more openly recognized that businesses depend on a variety of different stakeholders and today’s business leaders increasingly¦need to show how they create value for stakeholders along the entire value chain of their products or services.
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    The value chain shift: Seven future challenges facing top executives

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    Optimizing IT-enabled processes and systems in the value chain: The role of governance
    By Michael R. Wade Bettina Büchel Arjan J. van Weele and Christopher Zintel
    in Cordon, Carlos, Ferreiro, Teresa / The value chain shift: seven future challenges facing top executives, pp. 73 - 88
    Summary
    IT-enabled processes and systems are widely acknowledged as key drivers of global value chain management. When investing in these processes and systems, corporations want to benefit from standardizing their worldwide networks, but they are faced with¦the challenge of how to adapt to and support differentiated markets and business models with standardized solutions. The goal of this chapter is to understand the implementation journey to IT-enabled processes and systems in global corporations and to provide insights into the governance challenge of balancing centralization¦versus localization.
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    The value chain shift: Seven future challenges facing top executives

    Value chains today have a huge impact on multinational corporations’ right to exist and the way they compete. The future challenges associated with...

    Value Creation Global Business
    Edited by Carlos Cordon and Teresa Ferreiro Vilarino
    Published by International Institute for Management Development, © 2014
    Read more
    Scale and speed: Traditional multinationals versus emerging market firms
    By Howard H. Yu and Teresa Ferreiro Vilarino
    in Cordon, Carlos, Ferreiro, Teresa / The value chain shift: seven future challenges facing top executives, pp. 59 - 71
    Summary
    For multinationals in the West, emerging markets represent both a growth story and, increasingly, the need for a pre-emptive strategy. Why? Because emerging-market¦firms have begun to display a clear pattern, they are focusing on customer market segments that are less attractive to – and therefore not satisfactorily served by –¦traditional multinationals. In addition, a poor country is usually surrounded by other poor countries. Once these firms secure a foothold in those markets, they begin to¦improve their product offerings at such a low cost that traditional multinationals find it difficult to replicate. The Japanese applied this strategy when the country began to¦take off almost 50 years ago. And there are a rising number of emerging-market firms in almost every industry imaginable that are keen to establish a foothold in the global marketplace.
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    Research Information & Knowledge Hub for additional information on IMD publications

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    The organizational design shift
    By Teresa Ferreiro Vilarino Emanuela Zappone-Fabre and Carlos Cordon
    in Cordon, Carlos, Ferreiro, Teresa / The value chain shift: seven future challenges facing top executives, pp. 89 - 106
    Summary
    Over the past years, organizations have evolved from being very independent and internally focused to becoming part of an ecosystem that includes the entire value chain. The high level of outsourcing and specialization has resulted in companies having interdependent relationships with the other companies in the value chain. While the focus continues to be mainly internal and on the customer, it is starting to move towards the ecosystem that serves and manages the whole value chain (with the client serving as a prime driver). This change implies that traditional organizational structures with their business units,¦geographic structures or other models, need to be adapted to consider the whole ecosystem. The challenge is how to organize and structure the management of the value chain, from supplier to customer.
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    The value chain shift: Seven future challenges facing top executives

    Value chains today have a huge impact on multinational corporations’ right to exist and the way they compete. The future challenges associated with...

    Value Creation Global Business
    Edited by Carlos Cordon and Teresa Ferreiro Vilarino
    Published by International Institute for Management Development, © 2014
    Read more
    The value chain shift: Seven future challenges facing top executives
    By Carlos Cordon and Teresa Ferreiro Vilarino
    Published by International Institute for Management Development ©2014
    Summary
    Value chains today have a huge impact on multinational corporations’ right to exist and the way they compete. The future challenges associated with...
    Read more
    Copyright ©2014
    Copyright owner IMD Copyright
    Available Languages English
    Contact

    Research Information & Knowledge Hub for additional information on IMD publications

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    Scale and speed: Traditional multinationals versus emerging market firms

    For multinationals in the West, emerging markets represent both a growth story and, increasingly, the need for a pre-emptive strategy. Why? Because...

    Global Business Emerging Market
    By Howard H. Yu and Teresa Ferreiro Vilarino
    in Cordon, Carlos, Ferreiro, Teresa / The value chain shift: seven future challenges facing top executives, pp. 59 - 71
    Read more
    Book Chapter
    How speed affects risks, opportunities and new business models in value chain

    The impact of speed on risks and opportunities is tremendous. While higher speed increases costs, it can also reduce risks and increase business o...

    Supply Chain
    By Carlos Cordon
    in Cordon, Carlos, Ferreiro, Teresa / The value chain shift: seven future challenges facing top executives, pp. 107 - 119
    Read more
    Book Chapter
    Measuring corporations' cost and contribution to society

    Prior to the 2008 crisis, it was an (almost) universally held belief that business should be conducted for the benefit of shareholders. Governments...

    Value Creation Stakeholder Management
    By Polina Bochukova, Carlos Cordon and Teresa Ferreiro Vilarino
    in Cordon, Carlos, Ferreiro, Teresa / The value chain shift: seven future challenges facing top executives, pp. 27 - 41
    Read more
    Book Chapter
    The organizational design shift

    Over the past years, organizations have evolved from being very independent and internally focused to becoming part of an ecosystem that includes t...

    Value Creation General Management Change Management
    By Teresa Ferreiro Vilarino, Emanuela Zappone-Fabre and Carlos Cordon
    in Cordon, Carlos, Ferreiro, Teresa / The value chain shift: seven future challenges facing top executives, pp. 89 - 106
    Read more
    Book Chapter
    Optimizing IT-enabled processes and systems in the value chain: The role of governance

    IT-enabled processes and systems are widely acknowledged as key drivers of global value chain management. When investing in these processes and sy...

    Technology Management Value Creation Global Business Corporate Governance
    By Michael R. Wade, Bettina Büchel, Arjan J. van Weele and Christopher Zintel
    in Cordon, Carlos, Ferreiro, Teresa / The value chain shift: seven future challenges facing top executives, pp. 73 - 88
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    Decathlon’s circular revolution: Scaling sustainable business models
    By Julia Katharina Binder and Manuel Braun
    Case reference: IMD-7-2599 ©2024
    Summary
    The case focuses on Decathlon’s journey from 2023 onwards as it seeks to scale its circular business models and transform from a successful pilot phase to large-scale industrialization. Anna Turrell, Decathlon’s chief sustainability officer, is ta...
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    Reference IMD-7-2599
    Copyright ©2024
    Copyright owner IMD Copyright
    Organization Decathlon
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    Available Languages English
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    EXPRESS: Balancing resilience and efficiency: A literature review on overcoming supply chain disruptions
    By Florian Lücker Anna Timonina-Farkas and Ralf W. Seifert
    in Production and Operations Management 16 November 2024, ePub before print, https://doi.org/10.1177/10591478241302735
    Summary
    The supply chain risk management literature differentiates between disruption risk that arises from supply disruptions to normal activities and recurrent risk that arises from problems in coordinating supply and demand in the absence of disruption...
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    Sustainability reporting marks a window of opportunity that will close soon
    By Florian Hoos and Alisa Gessler
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    A lot has been written about the bureaucratic burden of sustainability reporting regulations with a focus on what companies must do to comply. We recommend not wasting too much time on detangling compliance, scope, materiality and timelines. Your ...
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    Research Information & Knowledge Hub for additional information on IMD publications

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    Integrating sustainability for long-term business resilience and value creation
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    Summary
    Companies that proactively address climate risks are better equipped to adapt to a rapidly evolving business environment, making them more attractive to investors seeking sustainable long-term returns. Addressing environmental concerns is now esse...
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    Research Information & Knowledge Hub for additional information on IMD publications

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    Research Information & Knowledge Hub for additional information on IMD publications

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    By Francesco Debellis Emanuela Rondi Peter J. Buckley and Alfredo De Massis
    in Journal of International Business Studies October 2024, vol. 55, pp. 55, 962–975, https://doi.org/10.1057/s41267-024-00716-4
    Summary
    The current evolution of global value chains (GVCs) calls for moving beyond the “unipolar” view of lead multinational enterprises (MNEs) as sole rulers to examine how their characteristics and those of partner firms affect GVC governance. In respo...
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    Companies need a new, holistic approach to sustainability if they are to head off criticism and accusations of greenwashing.
    Read more
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    Research Information & Knowledge Hub for additional information on IMD publications

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    Browse all topics
    Fünf Tipps zur künstlichen Intelligenz
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    Summary
    AI makes managers doubt the business intelligence they have acquired over the years. Ultimately, there are five questions you need to answer for yourself.
    Read more
    Contact

    Research Information & Knowledge Hub for additional information on IMD publications

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    Contact

    Research Information & Knowledge Hub for additional information on IMD publications

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