Michael Eugene Porter is an American academic known for his
theories on economics, business strategy, and social causes.
He is credited for creating great works, Porter’s Five Forces Analysis, Competitive
Strategy, National Diamond and Value Chain.
The Value chain Template in format includes three slides.
All five primary activities are essential in adding value and creating
a competitive advantage and they are:Inbound logistics,Operations,Outbound
logistics,Marketing and salesService.
Its framework quickly made its way to the forefront of management
thought as a powerful analysis tool for strategic planning.
As it is applied in Internet of Things (IoT).