Solutions
Value Chain Analysis
Understanding the parts of its operations that create value, and those that do not, is important because the firm earns above-average returns only when the value it creates is greater than the costs incurred to create that value. Once analysed the value chain provides a template that firms use to understand their cost position and to identify the multiple means that might be used to facilitate implementation of a chosen business level strategy.
Gap Analysis
Gidden's Burge offer a Gap Analysis service resulting in an output of recommendations and a clear move forward plan. Gap Analysis is a specialist technique that businesses use to determine what steps need to be taken in order to move from its current state to its desired, future state. Also called need-gap analysis, needs analysis, and needs assessment.
Gap analysis consists of:
- Listing of characteristic factors (such as attributes, competencies, performance levels) of the present situation ("what is").
- Listing factors needed to achieve future objectives ("what should be").
- And then highlighting the gaps that exist and need to be filled.
Gap analysis forces a company to reflect on who it is and ask who they want to be in the future.
Core Competences
A unique ability that a company acquires from its founders or develops and that cannot be easily imitated. Core competencies are what give a company one or more competitive advantages, in creating and delivering value to its customers in its chosen field.
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