The physics of the value chain towards a dynamic theory of strategy
Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2017. === Cataloged from PDF version of thesis. === Includes bibliographical references (pages 32-35). === Understanding the evolution of a firm's competitive advantage in a changing environment over time remains...
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| Format: | Others |
| Language: | English |
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Massachusetts Institute of Technology
2017
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| Online Access: | http://hdl.handle.net/1721.1/111474 |
| Summary: | Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2017. === Cataloged from PDF version of thesis. === Includes bibliographical references (pages 32-35). === Understanding the evolution of a firm's competitive advantage in a changing environment over time remains one of the most important topics in competitive strategy. We build on a recent stream of research in the arena of the dynamic resource-based view to propose a simple heuristic for strategic corporate foresight powered by Little's Law. Notably, we propose a throughput equality required to align and synchronize resources in the value chain. We borrow the terminology of the supply/demand chain and assembly process representation to propose a fundamental construct for manifold decomposition of the value chain. Our proposed heuristic simplifies the dynamic complexity of the value chain. === by Artavazd Ghazaryan. === M.B.A. |
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