Value Chain Analysis Template
Understand the value your business has delivered to your customers with the value chain analysis template.
About the Porter’s Value Chain Model (aka Value Chain Analysis template)
Commonly known as the Value Chain Analysis, Porter’s Value Chain Model is a much-used method to evaluate a business’s competitive edge and improve processes to have fewer bottlenecks and add more value to your customers.
What is a value chain analysis template?
A value chain analysis template includes a set of activities a company performs to deliver a valuable product from start to finish. The analysis allows your team to visualize all the business activities involved in creating the product — and helps you identify inefficiencies, bottlenecks, and miscommunications within the process.
Create your own value chain analysis template
Getting started with your team’s value chain analysis template is easy with Miro. Simply click “Use Template” and take the following steps to customize it for your own value chain analysis template:
Step 1: Replace the canned text in the orange squares and blue lines with your business’s specific primary and support business activities.
Step 2: Use sticky notes to map out the process for each business activity.
Step 3: Identify where bottlenecks occur and find areas where you can maximize value and gain a competitive advantage.
Make sure to consider using Miro's Value Stream Mapping tool during this process. This framework can help improve the efficiency of a specific process, which can then be integrated into a broader Value Chain Analysis to optimize the overall value delivery of the organization.
Benefits of using a value chain analysis template
First coined by Harvard Business School professor Michael Porter, Porter’s Value Chain Model helps your team evaluate your business activities so you can find ways to improve your competitive advantage. The value chain analysis will also help you determine costs, find activities that add the most value, outshine your competitors, and improve the value of what you deliver to your customers.
Building a product can be costly in terms of both time and resources. Even worse, it can be almost impossible to know whether a process works until after you’ve tried it. Porter’s Value Chain Model helps you visualize more complex or intangible processes.
Every business should perform this analysis at some point. Your team can do this anytime you want to improve your competitive advantage taking the following steps:
Define your business’s primary activities (e.g. logistics, operations, marketing).
Define your business’s support activities (e.g. HR, infrastructure, tech).
Analyze the cost and value of each.
Discover opportunities that allow you to gain a competitive advantage.
How do you draw Porter's value analysis?
You can build your Porter’s Value Chain Model following these steps: - Map all activities involved in producing your product - Calculate the cost of each activity - Find out what do your customers perceive as value - Check competitors Porter’s Value Chain Model and benchmarks - Choose what’s your competitive advantage and where will you capitalize
How do you analyze a value chain?
After building your value chain analysis template, you can evaluate the links between each activity and its values. This value chain analysis is particularly crucial when increasing competitiveness as it will determine how to proceed to improve processes.
How do you write a value chain analysis?
You can write your value chain analysis determining which activities are to be optimized. The analysis should include quantitative and qualitative data to help you develop action points to increase your product’s added value and customer base. After your value chain analysis is ready, you can draw a business case to implement changes and help you prioritize.
Get started with this template right now.
Product Canvas Template
Works best for:
Desk Research, UX Design
Product canvases are a concise yet content-rich tool that conveys what your product is and how it is strategically positioned. Combining Agile and UX, a project canvas complements user stories with personas, storyboards, scenarios, design sketches, and other UX artefacts. Product canvases are useful because they help product managers define a prototype. Creating a product canvas is an important first step in deciding who potential users may be, the problem to be solved, basic product functionality, advanced functionalities worth exploring, competitive advantage, and customers’ potential gain from the product.
Fishbone Diagram for Service Improvement
Works best for:
Fishbone diagram
The Basic Fishbone Diagram, also known as the Ishikawa or cause-and-effect diagram, is a powerful tool for identifying the root causes of problems. Use this template to systematically explore and document potential causes of an issue, categorizing them into key areas such as people, processes, equipment, and materials. This visual approach helps teams collaborate on problem-solving, ensuring all factors are considered and addressed effectively.
5W1H Template
Works best for:
Strategy & Planning
The 5W1H Template is a strategic framework that clarifies complex situations or projects into six foundational questions: What, Who, Where, When, How, and Why. This methodological approach ensures a comprehensive understanding, encouraging teams to dissect and explore every aspect of a given challenge or project.
Lean Inception Workshop
Works best for:
Agile, Lean Methodology
The Lean Inception Workshop streamlines project kickoff by aligning teams on goals, scope, and priorities. It leverages Lean principles to eliminate waste and maximize value, guiding exercises to define user personas, map user journeys, and prioritize features. By fostering cross-functional collaboration and customer-centric thinking, this template accelerates project initiation and ensures alignment between stakeholders, empowering teams to deliver customer value faster.
Crowd Sourced Cause and Effect
Works best for:
Fishbone Diagram, Problem solving
The Crowd Sourced Cause and Effect template leverages collective intelligence to identify root causes of problems. By involving multiple team members, you can gather diverse perspectives and uncover insights that might be overlooked. This collaborative approach ensures a comprehensive analysis and fosters team engagement.
Venn Diagram for Research
Works best for:
Venn Diagram
The Venn Diagram for Research template is a powerful tool for analyzing relationships and intersections in research data. Use it to compare different variables, identify overlaps, and draw insights from complex datasets. This template is ideal for researchers, analysts, and academics looking to visualize their findings and communicate results effectively. It's perfect for scientific studies, market research, and any field that requires detailed data comparison.