The physics of the value chain towards a dynamic theory of strategy
Name
1003322011-MIT.pdf
Description
Full printable version
Size
2.64 MB
Format
Adobe PDF
Checksum (MD5)
91f949e9aa2f1e9aaf7c47b6daa169ea
Author(s)
Ghazaryan, Artavazd
Advisor(s)
Duncan Simester.
Date Issued
2017
Publisher
Massachusetts Institute of Technology
Abstract
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).
Subjects
Sloan School of Management.
MIT Department
Sloan School of Management
Terms of Use
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