This document provides a Value Chain analysis of Infinity Bank, including Primary and Support Activities, Inbound Logistics, Operations, Outbound Logistics, Marketing and sales, Services, Firm Infrastructure, Human resource management, Technology Development, and Procurement Activities.
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Running head: INFINITY BANK- VALUE CHAIN INFINITY BANK VALUE CHAIN Name of the Student Name of the University Author Note
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1INFINITY BANKING Value Chain analysis of Infinity Bank Figure 1: The Value Chain Analysis of a Bank (Source:Barney 1995). The Value chain analysis forms a critical analytical aspect which is focused on ensuring that the bank is successfully able to carry out its internal operations and ensure that they are successfully able to attain larger sales. Given below is the analysis of the Primary and Support Activities of the Infinity Bank Profitability operations which is aimed at ensuring that the bank is successful. Primary Activities Inbound Logistics The inbound logistics activities which the bank engages in can be associated with the storing, receiving as well as dissemination of the inputs of the products. This includes formation
2INFINITY BANKING of architecture and storing consumer information for the purpose of the digital media company. The profitability branch of the bank tends to outsource most of its activities. Operations The operational activities go a long way in assisting the firm to transform the raw material to the finished products (Porter 2004).In case of the Infinity Bank, these operations comprise of the banking operations, assembly and related product selling to the different consumers. Outbound Logistics The outbound logistics comprise of the activities whereby the products are sold to the final buyers. In case of the Infinity bank, the outbound logistics comprises of the choice of the distribution, advertising, target market decision and selling of the products to the consumers. Marketing and sales The marketing and sales also forms a crucial part of the firm with respect to which the bank will be required to appeal to the different people in order to ensure that they are successfully able to meet with the bank targets and indulge in higher sales (Williamson1975). The management of the sales force, channel selection and other promotional aspects for the Infinity bank is included in this aspect. Services The services which are offered by the firm can comprise of account management, training of the staff, post sales management, and other help to the consumers. Support Activities
3INFINITY BANKING The support activities can be described as the secondary activities as undertaken by the organization (Williamson1975). The support activities of Infinity Bank are as follows: Firm Infrastructure The firm infrastructure support activities comprises of the planning, financing and accounting, general management and other legal services. This helps in keeping the banking operations on the run. Human resource management The human resource management activities can be stated to be the key to success and comprises of the different employees who are working for the overall welfare of the firm. Technology Development The Banking operations at Infinity Banking are largely supported by the technology and at Infinity, the technology is used for component design, process engineering, technology selection and related aspects (Porter 1985). Procurement Activities The procurement activities at the bank branch comprise of activities like taking in inputs from thee experts, management of the offices, management of machinery and other buildings. Hence, from the given analysis, it can largely be stated that, the organization has been perfuming considerably well, and in case the firm wants to ensure long term success in the long run, then it would be required to ensure that it engages in activities which adept to the nature of modern banking.
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5INFINITY BANKING References Barney, J. B., 1995."Looking Inside for Competitive Advantage". Academy of Management Executive, Vol. 9, Issue 4, pp. 49-61 Infinity Bank (A): Retail Branches and Customer Profitability, Harvard Business Review Case Study. Published by HBR Publications. Porter M.E., 1985."The Value Chain & Competitive Advantage - Understanding Business Processes". Porter M.E., 2004."Competitive Advantage: Creating and Sustaining Superior Performance" Williamson, O.E., 1975. "Markets and Hierarchies"(New York: Free Press, 1975)