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.
Bang for the Buck Template
Works best for:
Project Management, Strategic Planning, Prioritization
The name pretty much says it—this Agile framework is all about helping you maximize efficiency by powering collaboration between product managers and dev teams. Together you can go over each to-do on the project agenda and evaluate them in terms of costs and benefits. That way you can prioritize tasks based on how much bang for your buck they deliver. This template is great for teams and organizations that want to make a strategic plan to tackle an upcoming sprint.
Target Audience Template
Works best for:
Marketing, Desk Research, Prioritization
Understanding your target audience is vital to business success. How can you market yourself effectively if you don’t know who you’re targeting? Using the Target Audience template, you can review valuable data about who your customers are and what they want from your product or service.
A3 Report Template
Works best for:
Product, Strategy and Planning
The A3 report template is a carefully designed tool that provides teams with a structured and visual methodology to tackle challenges. It divides the problem-solving process into background, current context, data analysis, and implementation plans, ensuring a comprehensive approach to each issue. One of the major advantages of this template is its "Data Analysis" section, which enables teams to delve deeply into concrete insights and trends. This data-driven approach ensures that all recommendations and actions are based on real, tangible evidence rather than just intuition, leading to more effective and strategic decision-making.
STAR Technique Template
Works best for:
Strategic Planning, Prioritization
Find out how to use the STAR interview method to identify the best candidate for the role. Interviewees can also use the STAR technique to prepare detailed and thorough responses during the interview.
3 Horizons of Growth Template
Works best for:
Leadership, Strategic Planning, Project Planning
Featured in The Alchemy of Growth, this model gives ambitious companies a way to balance the present and the future—in other words, what’s working in the existing business and what emerging, possibly-profitable growth opportunities lie ahead. Then teams across the organization can make sure that their projects map to and support the organization’s goals. The 3 Horizons of Growth model is also a powerful way to foster a culture of innovation—one that values and depends on experimentation and iteration—and to identify opportunities for new business.
MoSCoW Matrix Template
Works best for:
Ideation, Operations, Prioritization
Keeping track of your priorities is a big challenge on big projects, especially when there are lots of deliverables. The MoSCoW method is designed to help you do it. This powerful technique is built on a matrix model divided into four segments: Must Have, Should Have, Could Have, and Won’t Have (which together give MoSCoW its name). Beyond helping you assess and track your priorities, this approach is also helpful for presenting business needs to an audience and collaborating on deliverables with a group of stakeholders.