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- Value_shop abstract "A value shop is an organization designed to solve customer or client problems rather than creating value by producing output from an input of raw materials. The principles of value shop were first conceptualized by Thompson in 1967, and properly defined by Stabell and Fjeldstad (1998), who also created the name. Compared to Michael Porter's concept of the value chain, there is no sequential fixed set of activities or resources utilized to create value. Each problem is treated uniquely and activities and resources are allocated specifically to cater to the problem in question.According to the research of Charles B. Stabell and Øystein D. Fjeldstad, the value configuration analysis (1998), five main generic activities are carried out in the organization: Problem Finding and acquisition Problem Solving Choice of problem solution Execution of solution Control and evaluationValue is created in the shop by several mechanisms allowing the organization to solve problems better or faster than the client. These are variables such as: The organization is in possession of more information about the problem than the client The organization is specialized to deal with the problem at hand with specific methods to cover analysis Strong expertise with expert professionals is available.Some of the classical examples of value shops include management consultancies such as Boston Consulting Group, Deloitte Touche Tohmatsu and McKinsey. The value shop concept has also been applied to a number of other activities including Norwegian police investigations (e.g. Gottschalk, 2007) and the knowledge-intensive energy exploration business (Woiceshyn and Falkenberg, 2008).".
- Value_shop wikiPageID "6935523".
- Value_shop wikiPageLength "2496".
- Value_shop wikiPageOutDegree "9".
- Value_shop wikiPageRevisionID "552569118".
- Value_shop wikiPageWikiLink Boston_Consulting_Group.
- Value_shop wikiPageWikiLink Category:Strategic_management.
- Value_shop wikiPageWikiLink Deloitte.
- Value_shop wikiPageWikiLink Deloitte_Touche_Tohmatsu.
- Value_shop wikiPageWikiLink James_D._Thompson.
- Value_shop wikiPageWikiLink McKinsey_&_Company.
- Value_shop wikiPageWikiLink Michael_Porter.
- Value_shop wikiPageWikiLink Value_Network.
- Value_shop wikiPageWikiLink Value_chain.
- Value_shop wikiPageWikiLink Value_configuration.
- Value_shop wikiPageWikiLink Value_network.
- Value_shop wikiPageWikiLinkText "Value shop".
- Value_shop wikiPageWikiLinkText "value shop".
- Value_shop hasPhotoCollection Value_shop.
- Value_shop subject Category:Strategic_management.
- Value_shop hypernym Organization.
- Value_shop type Organisation.
- Value_shop comment "A value shop is an organization designed to solve customer or client problems rather than creating value by producing output from an input of raw materials. The principles of value shop were first conceptualized by Thompson in 1967, and properly defined by Stabell and Fjeldstad (1998), who also created the name. Compared to Michael Porter's concept of the value chain, there is no sequential fixed set of activities or resources utilized to create value.".
- Value_shop label "Value shop".
- Value_shop sameAs Sklep_wartości.
- Value_shop sameAs m.0gxvyn.
- Value_shop sameAs Q7912777.
- Value_shop sameAs Q7912777.
- Value_shop wasDerivedFrom Value_shop?oldid=552569118.
- Value_shop isPrimaryTopicOf Value_shop.