A Rough Guide to Value Chain Development, ILO, 2015
|Date completed||May 2015|
|Issues/challenges||The bulk of new employment opportunities is generated by small enterprises. Yet, small enterprises frequently face specific constraints that hinder their development prospects. Especially in low-income countries, they are often lacking access to finance and other business services, and suffer from a limited understanding of markets, weak bargaining power and a lack of adequate knowledge of management practices. Unable to harness the potential of their value chain to expand and improve their own competitiveness, they often operate on a precarious basis, with low productivity and poor working conditions.|
The ILO Value Chain Development approach looks at market dynamics and relationships between the different actors in the chain with the objective of strengthening the whole market system - enterprises, business relationships, financial networks, supporting functions, rules and norms, and the business environment – in a way that ensures greater benefits for the poor from economic growth and development. This “Rough Guide to Value Chain Development” has been developed for development practitioners, governments and private sector initiatives to give a simplified overview of the Value Chain Development approach as applied by the International Labour Organization (ILO).