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Value Chain Analysis and Visualization in Miro

Tricia Bagley and Freedom Learning Group
By the end of this project, you will be able to support cost-effective product development by conducting a value chain analysis. To create the value chain analysis you will gain hands-on experience defining your business’s primary activities, support for those activities, analyze costs, and discover opportunities to gain a competitive advantage in the Miro online visual collaboration platform for teamwork. Note: This course works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.
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Good to know

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Introduces value chain analysis, a standard tool for assessing and improving product development efficiency
Provides hands-on practice creating value chain analyses in Miro's online visual collaboration platform
Focuses on minimizing expenses in product development, aiding businesses in optimizing resource allocation
May require additional course prerequisites or background knowledge in business concepts

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Value Chain Analysis and Visualization in Miro with these activities:
Review Business Analysis Fundamentals
Refresh your understanding of business analysis fundamentals to enhance your learning in this course.
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  • Review your notes or materials from a previous business analysis course
  • Take practice tests or quizzes to assess your understanding
  • Identify areas where you need further review and focus on those
Review principles of cost-effective product development
Reviewing the principles of cost-effective product development will help you better understand the concepts covered in the course and how they apply to real-world scenarios.
Show steps
  • Read the provided materials on cost-effective product development.
  • Summarize the key concepts in your own words.
  • Identify the different factors that affect the cost of product development.
  • Develop a plan for how you can apply these principles to your own work.
Review Basics of Product Development
Review the fundamentals of product development to ensure a strong foundation for the course.
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  • Read an introductory article or book on product development fundamentals
  • Complete online tutorials or workshops on product management
16 other activities
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Follow Tutorials on Conducting Value Chain Analysis
Enhance your understanding of value chain analysis techniques through guided tutorials.
Browse courses on Value Chain Analysis
Show steps
  • Search for tutorials on value chain analysis
  • Follow the steps outlined in the tutorials
  • Take notes and clarify any doubts you encounter
Review Porter's Five Forces Model
Refresh your knowledge of Porter's Five Forces Model to enhance your understanding of competitive advantage.
Browse courses on Porter's Five Forces Model
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  • Review your notes or materials from a previous course or reading
  • Read articles or watch videos to reinforce your understanding
Seek Guidance from Industry Experts
Connect with industry professionals to gain insights and perspectives on value chain management in the real world.
Browse courses on Product Development
Show steps
  • Identify potential mentors in the field of product development
  • Reach out to mentors via email or LinkedIn
  • Arrange meetings or schedule calls to discuss value chain analysis
Value Chain Analysis with Miro Tutorial
Follow a guided tutorial on using Miro to conduct a value chain analysis, which will enhance your understanding of the tool and its application in this context.
Browse courses on Value Chain Analysis
Show steps
  • Access the Miro tutorial on value chain analysis.
  • Follow the steps outlined in the tutorial.
  • Apply what you learn to conduct a value chain analysis for a specific business.
Value Chain Analysis Practice Questions
Practice answering value chain analysis questions to solidify your understanding of the concepts and improve your problem-solving skills.
Browse courses on Value Chain Analysis
Show steps
  • Identify the primary activities and support activities in a business's value chain.
  • Analyze the costs associated with each activity.
  • Identify opportunities to reduce costs or improve efficiency.
Collaborate on Value Chain Analysis Projects
Work with peers to analyze and improve value chain processes, fostering collaboration and knowledge exchange.
Browse courses on Value Chain Analysis
Show steps
  • Form study groups or join online forums for collaboration
  • Share ideas and insights on value chain analysis projects
  • Provide constructive feedback and support to peers
Study 'Value Chain Management: A Strategic Approach'
Expand your knowledge of value chain management through this comprehensive book by Michael Porter.
Show steps
  • Read Chapter 1 to gain an overview of value chain management
  • Review Chapter 2 on primary and support activities
  • Read Chapter 3 to learn about value chain analysis
Conduct a value chain analysis for your business
Conducting a value chain analysis will help you identify opportunities to improve the efficiency and profitability of your business.
Browse courses on Value Chain Analysis
Show steps
  • Identify the primary activities and support activities in your business.
  • Analyze the costs associated with each activity.
  • Identify opportunities to reduce costs or improve efficiency.
  • Develop a plan for implementing your improvements.
Practice Value Chain Analysis Techniques
Engage in guided tutorials to strengthen understanding and application of value chain analysis techniques.
Browse courses on Value Chain Analysis
Show steps
  • Follow online tutorials or courses on value chain analysis
  • Apply value chain analysis techniques to real-world case studies
Complete Value Chain Analysis Practice Questions
Sharpen your value chain analysis skills through practice questions.
Browse courses on Value Chain Analysis
Show steps
  • Review the solved examples of value chain analysis questions
  • Attempt the practice questions and time yourself
  • Review your answers and learn from any mistakes
Value Chain Analysis Peer Review
Engage in a peer review session to evaluate and provide feedback on value chain analyses conducted by other students, fostering critical thinking and improving the quality of your own analysis.
Browse courses on Value Chain Analysis
Show steps
  • Conduct a value chain analysis for a specific business.
  • Share your analysis with a peer.
  • Provide constructive feedback on your peer's analysis.
  • Incorporate feedback into your own analysis.
Discuss value chain analysis with other students
Discussing value chain analysis with other students will help you gain a deeper understanding of the concepts and how they apply to different businesses.
Browse courses on Value Chain Analysis
Show steps
  • Find a study group or online forum where you can connect with other students.
  • Discuss the concepts of value chain analysis.
  • Share your experiences and insights.
  • Get feedback from your peers.
Value Chain Analysis Presentation
Create a presentation that outlines the value chain of a specific business, identifying opportunities for improvement and justifying your recommendations.
Browse courses on Value Chain Analysis
Show steps
  • Research and analyze the business's value chain.
  • Identify areas for improvement.
  • Develop recommendations for improvement.
  • Create a presentation that effectively communicates your findings and recommendations.
Develop a Value Chain Analysis for a Product
Apply your course learnings through a practical project where you analyze the value chain of a product.
Browse courses on Value Chain Analysis
Show steps
  • Choose a product that is familiar to you or that you are interested in researching
  • Identify the primary activities in the product's value chain
  • Analyze the costs associated with each activity
  • Identify opportunities to gain a competitive advantage
Develop a Product Value Chain Analysis
Create a value chain analysis for a specific product to gain hands-on experience and solidify understanding.
Browse courses on Product Development
Show steps
  • Identify a product and define its scope
  • Conduct research and gather data on the product's value chain
  • Analyze the data and identify opportunities for improvement
  • Develop a detailed value chain analysis report
Write a Blog Article on Value Chain Analysis
Enhance your understanding of value chain analysis by creating a blog article that explains the concept.
Browse courses on Value Chain Analysis
Show steps
  • Research and gather information on value chain analysis
  • Outline the key concepts and benefits of value chain analysis
  • Write the blog article, ensuring it is clear, concise, and engaging

Career center

Learners who complete Value Chain Analysis and Visualization in Miro will develop knowledge and skills that may be useful to these careers:
Business Analyst
Business Analysts play a significant role in understanding and improving business processes. The Value Chain Analysis and Visualization in Miro course can be highly beneficial for Business Analysts as it provides hands-on experience in defining primary activities, support functions, and analyzing costs. These skills are essential for Business Analysts to identify inefficiencies and develop strategies for optimization, enabling them to effectively contribute to the success of organizations.
See salaries and explore the career path for Business Analyst
Management Consultant
Management Consultants assist organizations in improving their performance and achieving their objectives. The Value Chain Analysis and Visualization in Miro course can be valuable to Management Consultants as it helps build a foundation in understanding the dynamics of value creation within businesses. By gaining proficiency in value chain analysis, Consultants can provide more comprehensive and impactful recommendations to their clients, driving positive outcomes and establishing themselves as trusted advisors.
See salaries and explore the career path for Management Consultant
Product Manager
Product Managers are responsible for the development and success of products. The Value Chain Analysis and Visualization in Miro course can be instrumental for Product Managers as it provides hands-on experience in analyzing value chains and identifying opportunities for competitive advantage. By understanding the key drivers of value creation, Product Managers can make informed decisions and develop strategies that enhance product quality, meet customer needs, and drive growth.
See salaries and explore the career path for Product Manager
Operations Manager
Operations Managers oversee the day-to-day operations of businesses. The Value Chain Analysis and Visualization in Miro course can be beneficial for Operations Managers as it provides insights into optimizing business processes and improving efficiency. By gaining proficiency in value chain analysis, Operations Managers can identify areas for improvement, reduce costs, enhance productivity, and contribute to the overall success of their organizations.
See salaries and explore the career path for Operations Manager
Supply Chain Manager
Supply Chain Managers are responsible for managing the flow of goods and services within an organization. The Value Chain Analysis and Visualization in Miro course can be valuable for Supply Chain Managers as it provides a framework for understanding the complexities of supply chains and identifying opportunities for improvement. By gaining proficiency in value chain analysis, Supply Chain Managers can optimize inventory management, reduce lead times, enhance supplier relationships, and drive cost efficiencies.
See salaries and explore the career path for Supply Chain Manager
Financial Analyst
Financial Analysts evaluate the financial performance of businesses and make recommendations for investment. The Value Chain Analysis and Visualization in Miro course may be useful for Financial Analysts as it provides insights into the drivers of value creation and profitability. By understanding the dynamics of value chains, Financial Analysts can better assess the financial health of organizations and make informed investment decisions.
See salaries and explore the career path for Financial Analyst
Market Research Analyst
Market Research Analysts gather and interpret data about consumer behavior and market trends. The Value Chain Analysis and Visualization in Miro course may be useful for Market Research Analysts as it provides a framework for understanding the dynamics of value creation and competitive advantage. By gaining proficiency in value chain analysis, Market Research Analysts can identify market opportunities, assess customer needs, and develop effective marketing strategies.
See salaries and explore the career path for Market Research Analyst
Operations Research Analyst
Operations Research Analysts use mathematical and analytical techniques to solve business problems. The Value Chain Analysis and Visualization in Miro course may be useful for Operations Research Analysts as it provides a framework for understanding the dynamics of value chains and identifying opportunities for optimization. By gaining proficiency in value chain analysis, Operations Research Analysts can develop and implement solutions that improve efficiency, reduce costs, and enhance the overall performance of organizations.
See salaries and explore the career path for Operations Research Analyst
Lean Six Sigma Black Belt
Lean Six Sigma Black Belts are experts in process improvement and quality management. The Value Chain Analysis and Visualization in Miro course may be useful for Lean Six Sigma Black Belts as it provides a framework for understanding the dynamics of value chains and identifying opportunities for waste reduction. By gaining proficiency in value chain analysis, Lean Six Sigma Black Belts can develop and implement improvement initiatives that streamline processes, eliminate bottlenecks, and enhance the overall performance of organizations.
See salaries and explore the career path for Lean Six Sigma Black Belt
Continuous Improvement Manager
Continuous Improvement Managers are responsible for driving continuous improvement initiatives within organizations. The Value Chain Analysis and Visualization in Miro course may be useful for Continuous Improvement Managers as it provides a framework for understanding the dynamics of value chains and identifying opportunities for improvement. By gaining proficiency in value chain analysis, Continuous Improvement Managers can develop and implement strategies that enhance efficiency, reduce costs, and foster a culture of continuous improvement throughout the organization.
See salaries and explore the career path for Continuous Improvement Manager
Process Engineer
Process Engineers design and improve industrial processes. The Value Chain Analysis and Visualization in Miro course may be useful for Process Engineers as it provides a framework for understanding the dynamics of value chains and identifying opportunities for optimization. By gaining proficiency in value chain analysis, Process Engineers can develop and implement solutions that improve efficiency, reduce waste, and enhance the overall performance of manufacturing and production processes.
See salaries and explore the career path for Process Engineer
Systems Analyst
Systems Analysts design and implement information systems. The Value Chain Analysis and Visualization in Miro course may be useful for Systems Analysts as it provides a framework for understanding the dynamics of business processes and identifying opportunities for improvement. By gaining proficiency in value chain analysis, Systems Analysts can develop and implement information systems that align with business objectives, enhance efficiency, and drive organizational success.
See salaries and explore the career path for Systems Analyst
Business Process Consultant
Business Process Consultants help organizations improve their business processes. The Value Chain Analysis and Visualization in Miro course may be useful for Business Process Consultants as it provides a framework for understanding the dynamics of value chains and identifying opportunities for optimization. By gaining proficiency in value chain analysis, Business Process Consultants can develop and implement solutions that streamline processes, reduce costs, and enhance the overall performance of organizations.
See salaries and explore the career path for Business Process Consultant
Quality Assurance Manager
Quality Assurance Managers ensure that products and services meet quality standards. The Value Chain Analysis and Visualization in Miro course may be useful for Quality Assurance Managers as it provides a framework for understanding the dynamics of value chains and identifying opportunities for improvement. By gaining proficiency in value chain analysis, Quality Assurance Managers can develop and implement quality control measures that enhance product and service quality, reduce defects, and build customer confidence.
See salaries and explore the career path for Quality Assurance Manager
Project Manager
Project Managers plan and execute projects. The Value Chain Analysis and Visualization in Miro course may be useful for Project Managers as it provides a framework for understanding the dynamics of value chains and identifying opportunities for risk mitigation. By gaining proficiency in value chain analysis, Project Managers can develop and implement project plans that align with business objectives, enhance efficiency, and deliver successful project outcomes.
See salaries and explore the career path for Project Manager

Reading list

We've selected ten books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Value Chain Analysis and Visualization in Miro.
Cover image
Strategy for the Corporate Level
Save
Classic in the field of value chain analysis. It provides a concise and clear introduction to the value chain concept and its applications in competitive strategy. It is essential reading for anyone interested in understanding the basics of value chain analysis.
Strategy for the Corporate Level: Where to Invest,...
Kindle Edition
$$$
Cover image
Introduction to Real Estate Development and Finance
Save
Provides a practical approach to value chain analysis. It includes case studies and examples that show how to use value chain analysis to improve profitability and competitive advantage.
Introduction to Real Estate Development and Finance
Paperback
Check
Introduction to Real Estate Development and Finance
Kindle Edition
Check
Cover image
Contemporary Strategy Analysis
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Provides guidance for conducting value chain analysis for a particular business. offers additional practical insights and case studies on value chain implementation.
Contemporary Strategy Analysis
Paperback
Check
Contemporary Strategy Analysis
Kindle Edition
Check
Cover image
Essays on Purchasing and Supply Management
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Provides a strategic approach to value chain analysis. It shows how to use value chain analysis to identify opportunities for growth and profitability.
Essays on Purchasing and Supply Management (Essays...
Paperback
$$$
Cover image
HBR's 10 Must Reads 2018
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Will deepen the participants' understanding of the value chain concept and its application in strategic planning and decision-making.
HBR's 10 Must Reads 2018: The Definitive Management...
Hardcover
$$
Cover image
The Invincible Company
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Offers a visual tool for describing and analyzing value propositions. adds depth to the course's discussions on customer value and competitive advantage.
The Invincible Company: How to Constantly Reinvent...
Paperback
$$
The Invincible Company: How to Constantly Reinvent...
Kindle Edition
$$
Cover image
Business Model Generation
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Provides a practical framework for developing and testing business models. complements the course's focus on value chain analysis and strategic planning.
Business Model Generation: A Handbook for...
Paperback
$$
Business Model Generation: A Handbook for...
Kindle Edition
$$
Cover image
The Disruptive Innovation Set (2 Books)
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Offers a framework for understanding the challenges faced by established companies in disrupting their own business models. provides a broader perspective on innovation and its implications for value chain analysis.
The Disruptive Innovation Set (2 Books)
Paperback
$$
The Disruptive Innovation Set (2 Books)
Kindle Edition
$$
Lean Startup: How Today's Entrepreneurs Use...
Save
Introduces the concept of lean thinking and its application in startups. offers valuable insights for participants who want to develop a customer-centric and iterative approach to product development.
The Lean Startup: How Today's Entrepreneurs Use...
Hardcover
$$
The Lean Startup: How Today's Entrepreneurs Use...
Kindle Edition
$$
Cover image
Statistics for Health Care Management and...
Save
Provides a comprehensive overview of value chain analysis and its application in investment decisions. It valuable resource for investors and financial analysts who want to learn how to use value chain analysis to make better investment decisions.
Statistics for Health Care Management and...
Paperback
Check
Statistics for Health Care Management and...
Kindle Edition
Check

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Time
2 hours
Via
Coursera
Institution
Coursera Project Network
Instructors
Tricia Bagley
Freedom Learning Group
Good to know
Introduces value chain analysis, a standard tool for assessing and improving product development efficiency
Provides hands-on practice creating value chain analyses in Miro's online visual collaboration platform
Focuses on minimizing expenses in product development, aiding businesses in optimizing resource allocation
May require additional course prerequisites or background knowledge in business concepts
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