Value Chain Analysis for FTFL Training.

A value chain is a block of activities that an organization operating in a specific industry performs in order to deliver a valuable product or service for the market.

The concept comes from business management and was first described and popularized by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance. According to Michael Porter’s Value Chain Model, the whole process activity is divided into two major parts; namely – Primary Activities and Support Activities.

Now if we associate this value chain model with FTFL process for residential & non -residential training, then we can say that the trainees are acting like inputs, or we can say like the raw materials. With the residential training, the project managements are assuring that the qualities of the trainees are improving through training. So the whole residential training phase will be placed under Inbound Logistics according to the Value Chain Model mentioned above.

After two months of non-residential training, the FTFL trainees will be polished with more of their specific track related skills. This phase can be related to Operation process of the model.

Then after finishing the two months of training, they will be given three months of internship into various IT companies.  So, we can associate this phase with Outbound Logistics of the Value Chain Model.

When the FTFL trainees will enter the job market to serve the IT industries, if they can contribute to the IT sector, then this phase can be associated with Sales & Marketing segment of the Value chain Model.

 If first batch of FTFL trainees can bring about a revolution in the IT industries of Bangladesh, then it will not be exaggerated if we say that they meet their goals. That is when we can that the project has entered into its Serving phase.

This is exactly how the whole FTFL training process add values to the trainees for the betterment of the IT industries of Bangladesh