Extra Emphasis on the Value Chain Innovation
What are the extra emphases on the value chain innovation?
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Extra Emphasis on the Value Chain Innovation:
Efforts to reinvent the industry value chain can have a four-fold payoff – lower costs, service quality or better product, superior capability to turn out customized or multiple product versions, and smaller design-to-market cycles.
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1. Search the Internet for links to the Boston Tunnel, The Big Dig, the Channel Tunnel, The Chunnel, and London’s Millennium Dome. In spite of their poor cost performance, why do you think these projects were supported to their conclusion? What would it take to kill a high-visibility project such as
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