Literature Review of the Value Grid Model

Abstract: The value grid model proposes a complex framework to analyse and understand value creatingactivities among different actors. This literature review is focusing on explaining the evolutionof the value grid model, thus explaining the following theories: (1) supply chain, (2) valuechain, (3) value system, (4) value network, (5) knowledge value chain, (6) value grid model.By underlining the significant changes in the level of business complexity, the importance forthe value grid model is explained. The model is based upon three dimensions, that when appliedcan enable a company to enhance its performance and leverage its own competitive advantage.