Coined in 1982 by British Logisticist Keith Oliver and in 1985 by Professor Micheal Porter, the Supply Chain and Value Chain are often relevant concepts discussed and utilized within business entities. My personal experience with the Supply and Value chains revolves around the time I drafted a restaurant operations manual with my colleagues. Here we […]
Value Chain vs Supply Chain Explained Read More »
What is VRIO? Developed in 1991 by an American business professor and scholar, Dr. Jay Barney, the VRIO is an internal business framework that answers the question of whether or not the company or entity’s capabilities and resources are valuable, rare, difficult to imitate, and assures that the firm is organized in a way to
VRIO Framework Explained: All About the Internal Analysis Strategy Read More »
Coined in the 1960s by Harvard scholar Francis Agular, PESTLE is an analysis tool used for macro (external) business analysis. The framework evolved from the PEST or STEP analysis and mainly considered the threats and opportunities that the political, economic, social, technological, environmental, and legal factors of the business’ local, national, and international circumstances and
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For over two decades, GameStop has been one of the key competitors in the video game industry. GameStop stores were started at a key time when the video game industry was at a peak for retailers and customers alike. GameStop was the go-to store for all the accessories necessary for gamers. However, by the mid-late
GameStop Competitors Analysis – Top 9 Competitors Read More »
Founder, Steve Ells, had a dream after graduating from the Culinary Institute of America of opening a fine dining type restaurant. Chipotle was going to be the means of helping to make this dream come true. Starting out with an $85,000 loan from his dad, Steve opened his first Chipotle in Denver, Colorado. Using as
Chipotle Competitors Analysis : What Are Their Biggest Challenges? Read More »
Even though Elon Musk is the most famous and well-known CEO of Tesla, there are a lot of people that don’t know or realize that the original founders and CEOs of Tesla are actually Martin Eberhard (2003-2007) and Marc Tarpenning (2003-2008). Elon Musk is Tesla’s fourth CEO and second chairman of the board. Despite the
Tesla Competitors Analysis : Who Are Its Biggest Threats? Read More »
