Definition:
A Value-Chain is a sequence of two or more defined objects. The initial object produces value, as defined by the second object's value. This value in turn may produce value in a next object, and so on, as long as we care to define the chain of value.
Alternative Names
Concept Number: *591
English Master: Value-Chain
Synonyms, Variations & Acronyms: none
Detailing
The exact nature of the value and how it is produced can be specified in more detail in an object specification (such as a design template).
Illustrations
none
Type
Specification-Element.
Examples
Value: A +> B +> C. “This Means A Impacts the value of B, which in turn, Impacts the value of C.”
Notes
Value is produced for defined Stakeholders, in defined places at defined times under defined Conditions. This information can be given with qualifiers in a Value-Chain. See the Value Concept.
Keyed-Icons
“+>“
Drawn-Icons
none
Related-Concepts
• Value *269
• Impacts *334, and Impact *087
• Supports *415
History-of-Concept
none
This Concept entered by Jon Bundy.