The physics of the value chain towards a dynamic theory of strategy
Author(s)
Ghazaryan, Artavazd
DownloadFull printable version (2.637Mb)
Other Contributors
Sloan School of Management.
Advisor
Duncan Simester.
Terms of use
Metadata
Show full item recordAbstract
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.
Description
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).
Date issued
2017Department
Sloan School of ManagementPublisher
Massachusetts Institute of Technology
Keywords
Sloan School of Management.