On the Value Chain

Things to think about....

So I was thinking about the value chain, the whole scenario; why it's done, and the impact it has had.
The whole tying everything together, saving money, making the business enterprise a mean lean, six sigma machine. Is this all good?  Well let's see. It 's definitely good for the company, because ,well, you know everyone is in business to make money. And if the company is public, the shareholders will profit too, so that's good too. But let's track it a little more. As everything becomes more streamlined, other things start to happen, like people losing their jobs, from any number of scenarios including outsourcing.  Now is this a bad thing? Debatable I would say. Economic theory would dictate that the job demand for the position is no longer there and the supply is too high, and subsequently the person needs to be retrained or take a different career path within their current skill-set if possible. So I guess overall looking at this aspect I would say it is still mostly good, especially if the people were able to get additional training and ending up with an overall increased skill-set, which would make the whole country and economy better off.

Another thought to ponder.....
So is this value chain thing new? Is it here to stay?  It is not new and has been around a while and yes it is here to stay. So get in gear and work with it,and not against it. As a matter of fact, the majority of companies doing business all around the world will need to start their own value chain to remain competitive. And yes I said around the world, as this is a global economy!

Come to think of it, the fear of my own position becoming obsoleted is one of the primary reasons that I wanted pursue a Masters Degree to begin with. Now I just know why!