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Social Science Clinic => Business => Management => Topic started by: sammy on Oct 25, 2019

Title: In a short essay, describe in detail the obstacles that managers must deal with in managing the value chain.
Post by: sammy on Oct 25, 2019
In a short essay, describe in detail the obstacles that managers must deal with in managing the value chain.
Title: In a short essay, describe in detail the obstacles that managers must deal with in managing the value chain.
Post by: TINA on Oct 25, 2019
1.Organizational barriers—These are among the most difficult obstacles that managers handle.
These barriers include refusal or reluctance to share information, reluctance to shake up the status quo, and security issues. Without shared information, close coordination and collaboration are impossible. And the reluctance or refusal of employees to shake up the status quo can impede efforts toward value chain management and prevent its successful implementation. Finally, because value chain management relies heavily on a substantial information technology infrastructure, system security and Internet security breaches are issues that need to be addressed.
2.Cultural attitudes—Unsupportive cultural attitudes also can be obstacles to value chain
management. The trust issue is a critical one, both lack of trust and too much trust. To be effective, partners in a value chain must trust each other. There must be a mutual respect for, and honesty about, each partner's activities all along the chain. When that trust doesn't exist, the partners will be reluctant to share information, capabilities, and processes.
3.Required capabilities—There are a number of capabilities that value chain partners must have.
Several of these, including extreme coordination and collaboration, the ability to configure products to satisfy customers and suppliers, and the ability to educate internal and external partners, aren't easy to develop. They are, however, essential to capturing and exploiting the value chain.
4.People—The final obstacles to successful value chain management can be an organization's
members. If employees refuse or are reluctant to be flexible, it's going to be difficult to make the necessary changes to meet changing situational demands. In addition, value chain management takes an incredible amount of time and energy by an organization's employees. Managers must motivate those high levels of effort from employees.
Title: Re: In a short essay, describe in detail the obstacles that managers must deal with in managing the
Post by: Gaurav Creations on Dec 5, 2021
Thank you