- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
VRIO Analysis of TheLadders
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of TheLadders will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The TheLadders VRIO Analysis also mentions at each stage whether these resources could be improved to provide a greater competitive advantage. Lastly, the resources analysed are summarised as to whether they offer sustained competitive advantage, has an unused competitive advantage, temporary competitive advantage, competitive parity or competitive disadvantage.
Valuable
- The TheLadders VRIO Analysis shows that the financial resources of TheLadders are highly valuable as these help in investing into external opportunities that arise. These also help TheLadders in combating external threats.
- According to the VRIO Analysis of TheLadders, its local food products are a valuable resource as these are highly differentiated. This makes the perceived value for these by customers high. These are also valued more than the competition by customers due to the differentiation in these products.
- The TheLadders VRIO Analysis shows that TheLadders's employees are a valuable resource to the firm. A significant portion of the workforce is highly trained, and this leads to more productive output for the organisation. The employees are also loyal, and retention levels for the organisation are high. All of this translates into greater value for the end consumers of TheLadders's products.
- According to the VRIO Analysis of TheLadders, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for TheLadders. These patents also provide TheLadders with licensing revenue when it licenses these patents out to other manufacturers.
- The TheLadders VRIO Analysis shows that TheLadders’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for TheLadders. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of TheLadders, its cost structure is not a valuable resource. This is because the methods of production lead to greater costs than that of competition, which affects the overall profits of the firm. Therefore, its cost structure is a competitive disadvantage that needs to be worked on.
- The TheLadders VRIO Analysis shows that the research and development at TheLadders is not a valuable resource. This is because research and development are costing more than the benefits it provides in the form of innovation. There have been very few innovative features and breakthrough products in the past few years. Therefore, research and development are a competitive disadvantage for TheLadders. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of TheLadders are found to be rare according to the VRIO Analysis of TheLadders. Strong financial resources are only possessed by a few companies in the industry.
- The local food products are found to be not rare as identified by TheLadders VRIO Analysis. These are easily provided in the market by other competitors. This means that competitors can use these resources in the same way as TheLadders and inhibit competitive advantage. This means that the local food products result in competitive parity for TheLadders. As this resource is valuable, TheLadders can still make use of this resource.
- The employees of TheLadders are a rare resource as identified by the VRIO Analysis of TheLadders. These employees are highly trained and skilled, which is not the case with employees in other firms. The better compensation and work environment ensure that these employees do not leave for other firms.
- The patents of TheLadders are a rare resource as identified by the TheLadders VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows TheLadders to use them without interference from the competition.
- The distribution network of TheLadders is a rare resource as identified by the VRIO Analysis of TheLadders. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of TheLadders. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of TheLadders are costly to imitate as identified by the TheLadders VRIO Analysis. These resources have been acquired by the company through prolonged profits over the years. New entrants and competitors would require similar profits for a long period of time to accumulate these amounts of financial resources.
- The local food products are not that costly to imitate as identified by the VRIO Analysis of TheLadders. These can be acquired by competitors as well if they invest a significant amount in research and development. These also do not require years long experience. Therefore, the local food products by TheLadders provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of TheLadders are also not costly to imitate as identified by the TheLadders VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from TheLadders by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of TheLadders a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of TheLadders are very difficult to imitate as identified by the VRIO Analysis of TheLadders. This is because it is not legally allowed to imitate a patented product. Similar resources to be developed and getting a patent for them is also a costly process.
- The distribution network of TheLadders is also very costly to imitate by competition as identified by the TheLadders VRIO Analysis. This has been developed over the years gradually by TheLadders. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of TheLadders are organised to capture value as identified by the VRIO Analysis of TheLadders. These resources are used strategically to invest in the right places; making use of opportunities and combatting threats. Therefore, these resources prove to be a source of sustained competitive advantage for TheLadders.
- The Patents of TheLadders are not well organised as identified by the TheLadders VRIO Analysis. This means that the organisation is not using these patents to their full potential. An unused competitive advantage exists that can be changed into a sustainable competitive advantage if TheLadders starts selling patented products before the patents expire.
- The distribution network of TheLadders is organised as identified by the VRIO Analysis of TheLadders. TheLadders uses this network to reach out to its customers by ensuring that products are available on all of its outlets. Therefore, these resources prove to be a source of sustained competitive advantage for TheLadders.
From the VRIO Analysis of TheLadders, it was identified that the financial resources and distribution network provide a sustained competitive advantage. The patents are a source of unused competitive advantage. There exists a temporary competitive advantage for employees. There exists a competitive parity for local food products. Lastly, the cost structure of TheLadders is a competitive disadvantage. Research and Development is also a competitive disadvantage.
Warning! This article is only an example and cannot be used for research or reference purposes. If you need help with something similar, please submit your details here.
Marco Sorge
5.0
Good work is always appreciated, that's why this service is appreciated among the others. Great & top notch service.
Emma Paulos
5.0
First, when I read this custom paper writing service’s reviews, I thought it’s a scam but I decided to talk to the support team. The support admin resolved all my queries and I relied on them for the paper. The assignment was in my hands on the deadline day and I suggest to all students that this is the best paper writing service. Thanks!
Fen Wi
5.0
High-quality essay writing service! Thanks for giving me a great experience. Recommended!
Zhang Yong
5.0
Excellent work! This essay writing service exactly knows how to do its work. Thank you very much!
Next Articles
- GamesEDGE.com (A) Vrio Analysis
- Dexter Nelson, Summer Analyst Vrio Analysis
- Egon Zehnder International: Implementing Practice Groups Vrio Analysis
- Intel: Strategic Decisions In Locating A New Assembly And Test Plant (A), Chinese Version Vrio Analysis
- Consulting By Auditors (B): The Compromise And Its Fallout Vrio Analysis
- Alex De Werra At TCFG The Kermel Mandate Vrio Analysis
- HCL Technologies (A), Chinese Version Vrio Analysis
- A Spoonful Of Sugar? A Case For Customized Cancer Treatment Vrio Analysis
- Monitor's Opportunity In India (B): Grail Research Vrio Analysis
- Alliances That Build Alliances: McKinsey Ashoka And The Fundacion Compromiso Vrio Analysis
Previous Articles
- Strategy And Positioning In Professional Service Firms, Spanish Version Vrio Analysis
- Infosys Consulting In 2006: Leading The Next Generation Of Business And Information Technology Consulting Vrio Analysis
- Serono Vrio Analysis
- Fundacion Chile: Creating Innovative Enterprises Vrio Analysis
- World Economic Forum (A) Vrio Analysis
- Bright Horizons Children's Centers, Inc. 1987, Spanish Version Vrio Analysis
- British Motorcycle Industry At A Crossroads, Chinese Version Vrio Analysis
- American Express Interactive Vrio Analysis
- EMC Corp.: Proposed Acquisition Of VMware Vrio Analysis
- Planning In Professional Service Firms Vrio Analysis
Be a great writer or hire a greater one!
Academic writing has no room for errors and mistakes. If you have BIG dreams to score BIG, think out of the box and hire Case48 with BIG enough reputation.
Our Guarantees
Interesting Fact
Most recent surveys suggest that around 76 % students try professional academic writing services at least once in their lifetime!