Value Chains, Value Streams, Value Nets, And Value Delivery Chains

The Value Chain Group together with partners have developed approaches and methodologies to support the process of successfully aligning business and IT strategies, architecture, design, execution, monitoring, and management of the processes. But there has still been a considerable amount of discussion about value chains and related concepts like value streams and value nets by those involved in business process change. This paper discusses the evolution and current use of these concepts. Clarification of this terminology is especially important to those involved in the Value Chain Group, as the framework depends on a clear understanding of these terms.