Summary of La Cadena de Valor de Michael Porter en 5 minutos

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In this video, Michael Porter explains the concept of the "chain of value" and its importance to business strategy. He argues that a company's value is not just derived from its profits, but also from its ability to create value for its customers and shareholders. This concept is key to understanding how businesses can sustain themselves in the long term.

  • 00:00:00 In this YouTube video, Michael Porter explains the concept of the chain of value, which is the way in which a company's products become more valuable as they move through the chain of production and distribution. This chain of value is essential for companies to maintain their competitive advantage. Primarily, the chain of value refers to the activities of producing, marketing, and selling a product. The two supporting activities are supplying necessary raw materials and ensuring product quality and reliability. The chain of value can also be used to assess a company's overall efficiency. By looking at each activity in detail and assessing the impact on value creation, managers can make strategic decisions about where to invest and improve efficiency.
  • 00:05:00 This video introduces the concept of "the chain of value" and its importance to business strategy. Michael Porter explains that a company's value is not solely derived from its ability to generate profits, but also from its ability to create value for its customers and shareholders. This concept is key to understanding how businesses can competitively sustain themselves in the long term.

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