[New post] The Miracle of Value Creation #GreatMinds
Kapil Tandon posted: " Value Creation means enhancing the worth of products and/or services being offered by a company to its customers. Businesses today concentrate on creating better value for their customers as well as for their shareholders (or stakeholders) who want to se"
Value Creation means enhancing the worth of products and/or services being offered by a company to its customers. Businesses today concentrate on creating better value for their customers as well as for their shareholders (or stakeholders) who want to see their stakes appreciate. A value chain is a series of activities or processes which aims at creating and adding value to an article (product) at every step during the production process. The logic is simple; the more value a company creates, the more financial surplus (or profit) it generates. When more value is created, the same is passed on to the customers and thus, it helps in consolidating a competitive edge.
Here's what Sandeep Aggarwal,a serial entrepreneur, angel investor, Internet visionary and philanthropist, has to say:
WHAT DO YOU THINK?
Let me know in the comments section.
In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.
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