caseism

Escape the Low-Cost Trap & Enhance Value for Your Business: Crafting Your Vantage Point Case Solution & Answer

This Case is about  STRATEGY

PUBLICATION DATE: March 16, 2016 PRODUCT #: IIR158-HCB-ENG

Many discussions of mounting national competitiveness require the “global factory” model as their starting point. This model basically assume that the main way for less developed markets is to perform low value added tasks within the international supply chain.

This informative article proposes a noticeably different strategy on the basis of the orchestration of an economy’s “Vantage Point.” Instead of cutting prices (and living standards), states should instead concentrate on improving the worth of the goods and services they naturally create.

Examples from the Basque Country in Spain, Colombia and Mexico exemplify how innovation and extreme cooperation in the development procedure in the creation of what might appear to be fundamental commodities — can result in a virtuous circle of economical development and worth optimization.

Share This

LOOK FOR A FREE CASE STUDY SOLUTION

JUST REGISTER NOW AND GET 50% OFF ON EACH CASE STUDY