1 3 Deliverable 1 Bryce- Kingston Executive Summary FirstName MiddleInitial(s) LastName Institutional

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Deliverable 1 Bryce- Kingston Executive Summary
FirstName MiddleInitial(s) LastNameInstitutional Affiliation (Department Institution)Course Number and NameInstructor Name and TitleAssignment Due Date
JBH Porter’s Value Chain and Five Forces Model
Hayne’s Management consultants are one of the best first that deal with any level of business consulting and reliable knowledge in the market. JBH, as the major client, is expanding in the market. As such, there is a need for the company to consider market competition analysis techniques in expanding both their local and international markets. Porter’s five forces are one of the best market competitive analysis techniques. The technique mainly deals with assessing a business’s strength concerning the market’s existing factors. There are major demands that every organization needs when extending their market segment. In essence, Porter’s five forces play an integral role in assessing the organization’s strength in the market.
Porter’s value chain benefits
Value chain analysis (VCA) is one of the essential products or elements in a business. Value chain analysis issues a business with the major activities that are likely to add more value to the company’s products (Fernandez-Stark & Gereffi, 2019). More particularly, value chain analysis introduces the aspect of product differentiation that is very significant to any company. Thus, JBH is likely to benefit more from this analysis.
Proves a clear map of all business activities
Porter’s value chain analysis has primary and secondary activities that are important to the business. The analysis provides a map of all the activities, how they will contribute to the outcome in business, and their input as required. The primary activities are the activities that directly support the competitive advantage, while secondary activities take part in supporting the key primary activities (Sekar et al., 2019). The inbound, operations, and outbound activities will help JBH create a better market for its products and services. The major goal is on they will help attain a good flow of activities at the international level. Therefore, this analysis is essential for the firm.
Improves business clarity
Every business organization has different ways of working things out based on weaknesses or strengths. The clarity in the ideas that are made in business by outlining both primary and secondary operations help improve the company’s decisions. More significantly, JBH is adjusting and modifying the international market. Through porter’s value chain process, the firm can enhance clarity and achieve all the required decisions (Heizer et al., 2019). As a result, the firm can make decisions that will help the firm in achieving all the required strategies to improve the quality of the products.
Increases the internal focus of business
Porter’s value chain analysis has signified the internal and external processes in the company’s product and marketing management. By distinguishing between the two, it has been possible for the company to come up with better resolutions on how to focus on one segment. Furthermore, the fact that it is possible to separate the two products makes it easy for JBH to focus on the internal factors that will improve the management and marketing of their products. However, this does not imply that the external environment is not essential. On the contrary, the internal environment should be a great focus because it defines the final quality of the products (Sekar et al., 2019). Hence, porter’s value chain analysis identifies the importance of the internal process.
The Essence of Porter’s Five Forces to JBH
The major aim of Porter’s five forces model is to determine the competitive advantage and market attractiveness.  The assessment method mainly inputs its strength with the placement of five major forces in the market; Threat of new entrants, bargaining power of the suppliers, rivalry among existing competitors, bargaining power of buyers, and the threat of substitute products (Kustipia & Wulung, 2019). These five forces must be considered in determining the strength of both a new and existing market segment. As a result, JBH cannot ignore the input of these major forces because of their value in the additional changes in the international market.
Measures Market Competition Strength
Many forces affect the performance of any business in the market. More particularly, the factors can affect the market both positively and negatively with a major aim of balancing the conditions in the market. As such, Porter’s five forces argue based on adding knowledge about the market segment to the organization. The key goals of the whole process are determining the; threat of new entrants, the threat of substitution, supplier bargaining power, and buyer bargaining power (Heizer et al., 2019). The model has explained the five major forces and their impact on new and existing market segments. Market competition is one of the key elements for JBH to consider when making adjustments in the international market. Therefore, Poter’s five forces will play a critical role in determining the major actions that the organization will take on the supplier, buyer, and new entrants in the market.
Showcasing the trends, strengths, and threats in the market
The model creates a strong relationship between the market’s major forces to develop a better way of implementing the needed changes. For instance, the model provides an understanding of the internal and external forces affecting the operation of the market. By focusing on the major strengths, the company can develop the key structures that will help the firm assess the potential of every new requirement to be executed in the market. Furthermore, the key requirement will balance the input required for an equal measure of the output required (Kustipia & Wulung, 2019). As such, this model plays a critical role in establishing the major strengths and weaknesses. Therefore, the analysis will give the organization the major requirements for improving its potential outcome.
Identifying the entities that hold power
Porter’s five forces highlight the entities or elements among the five that hold more power to the company in coming up with a successful plan. For example, buyers, sellers, and new entrants are the key forces for this organization (Rice, 2022). JBH will be able to assess the entities that hold more power in the market. As such, it will be easy for the firm to allocate more power to the fewer outcome entities. The major goal is to create a better ground for the new changes that JBH will be making in the international market. Despite the changes in the market, there is room for better outcomes because of the balanced power from all three major entities.
The model displays the existing opportunities
A business organization’s major aim in assessing the market forces’ value via this model is to develop opportunities that will help the business grow. Porter’s five forces through the analysis provided it becomes easy for the firm to spot the existing market opportunities to grow their income. Despite the major changes, there is that room for better opportunities through the gaps exposed by the model (Kustipia & Wulung, 2019). More significantly, through the conditions provided by the existing forces, it becomes easy for JBH to come up with correct sources to help build the brand more. JBH, through the model, can acquire a consumer value chain for a positive outcome in business. Therefore, JBH is expected to perform better in the future, considering the existing business level and modifications they will make based on this model.
Assessing the corporate risk
In assessing the three elements that create the major forces in the market, the company understands the major insights. As such, it will become easy for the company to assess and develop the risk measures for the whole corporate process. Every organization is exposed to some level of risk. However, the process through which the firm will operate to control and manage the expected risks matters. Through porter’s five forces, JBH will be able to come up with the key insights that will help identify and measure the intensity of the risks in the market (Rice, 2022). The assessment will credit the major protocols JBH will follow in creating the measures geared towards controlling these level issues in the market.
Recommendations
There are many models of value chain management that JBH can apply in its international modifications. However, the major factor that should be considered is the impact of the model on the supply of goods, as that is the main area of concern. The continuous supply chain model is the most recommended one in the whole process (Kustipia & Wulung, 2019). Despite the existing changes, the model has fostered an organization’s continuous supply of goods. The steady flow of goods and resources helps an organization come up with the essential requirements of the process. The company should implement this model also to ensure that the customers are satisfied in the market. Therefore, the model will create more opportunities to spearhead the organization’s idea of change. However, the other models must be considered based on the need assessment of the company in the market. Therefore, the continuous model is the key solver to the existing challenges the JBH company faces.
Conclusion
The fact that Porter’s five forces model and value chain analysis play a critical role in the supply chain of JBH cannot be ignored. More significantly, through product differentiation, market analysis well other key ideas in the market. The company’s output is expected to increase because the key focus is on internal and external operations. Therefore, JBH should implement this key model in their supply chain department.
 
 
 
 
 
 
 
 
 
 
 
 
References
 
Fernandez-Stark, K., & Gereffi, G. (2019). Global value chain analysis: A primer (second edition). Handbook on Global Value Chains, 54-76. https://doi.org/10.4337/9781788113779.00008
Heizer, J., Render, B., & Munson, C. (2019). Operations management: Sustainability and supply chain management (13th ed.). Pearson Education (US).
Kustipia, R., & Wulung, S. R. (2019). Porter’s Five Forces analysis: Potential of extreme night culinary tourism. Proceedings of the 1st NHI Tourism Forum. https://doi.org/10.5220/0010213901550158
Rice, J. (2022). Adaptation of Porter’s Five Forces model to risk management. Defense Acquisition Research Journal, 29(100), 126-139. https://doi.org/10.22594/dau.21-890.29.02
Sekar, S., Lundin, K., Tucker, C., Figueiredo, J., Tordo, S., & Aguilar, J. (2019). Methodology and value chain analysis. https://doi.org/10.1596/31589