- 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY
Posted by Zachary Edwards on Mar-22-2018
The VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY VRIO Analysis shows that the financial resources of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY are highly valuable as these help in investing into external opportunities that arise. These also help WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY in combating external threats.
- According to the VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY, 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY VRIO Analysis shows that WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY'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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY's products.
- According to the VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. These patents also provide WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY with licensing revenue when it licenses these patents out to other manufacturers.
- The WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY VRIO Analysis shows that WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. It also ensures that promotion activities translate into sales as the products are easily available.
- According to the VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY, 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY VRIO Analysis shows that the research and development at WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. It is recommended that the research and development teams are improved, and costs are cut for these.
Rare
- The financial resources of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY are found to be rare according to the VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY and inhibit competitive advantage. This means that the local food products result in competitive parity for WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. As this resource is valuable, WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY can still make use of this resource.
- The employees of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY are a rare resource as identified by the VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY are a rare resource as identified by the WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY to use them without interference from the competition.
- The distribution network of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY is a rare resource as identified by the VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. These are also possessed by very few firms in the industry.
Imitable
- The financial resources of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY are costly to imitate as identified by the WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY provide it with a temporary competitive advantage that competitors can too acquire in the long run.
- The employees of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY are also not costly to imitate as identified by the WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
- The patents of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY are very difficult to imitate as identified by the VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY is also very costly to imitate by competition as identified by the WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY VRIO Analysis. This has been developed over the years gradually by WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.
Organisation
- The financial resources of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY are organised to capture value as identified by the VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY.
- The Patents of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY are not well organised as identified by the WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY starts selling patented products before the patents expire.
- The distribution network of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY is organised as identified by the VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY. WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY.
From the VRIO Analysis of WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY, 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 WHAT MATTERS MORE TO YOUR WORKFORCE THAN MONEY 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.
Adrienn Pious
5.0
Quick solution of problems at suitable prices within 12 hours. Great tutor and splendid service!
Hellie James
5.0
The assignment was a bit of pain for me and hiring someone is not easy. Thank you for writing it perfectly and for excellent formation.
Sandra
4.0
I would like to recommend this service to those who are reading this review with the intention to help those who are in such a condition as I was.
Raymon Tahir
5.0
Thank you for bringing into light a paper that has a solid representation of Strategy!
Next Articles
- SUDA ELECTRIC VEHICLE COMPANY: PRIVATE EQUITY INVESTMENT IN CHINA (SPREADSHEET) Vrio Analysis
- WHAT SO MANY STRATEGISTS GET WRONG ABOUT DIGITAL DISRUPTION Vrio Analysis
- PRODUCT PORTFOLIO MANAGEMENT AT GENENTECH Vrio Analysis
- THE POWER OF POSITIVE SURVEYING Vrio Analysis
- CUMULATIVE ADVANTAGE Vrio Analysis
- CURING THE ADDICTION TO GROWTH Vrio Analysis
- ARE YOU SOLVING THE RIGHT PROBLEMS? Vrio Analysis
- THE NEUROSCIENCE OF TRUST Vrio Analysis
- THE STRETCH GOAL PARADOX Vrio Analysis
- KICK ASS CUSTOMER SERVICE Vrio Analysis
Previous Articles
- SONGY 2011: RESTRUCTURING TO SURVIVE (OR, SURVIVING TO RESTRUCTURE?) Vrio Analysis
- SEGMENTATION AT STICKS KEBOB SHOP (POWERPOINT TN) Vrio Analysis
- THE REDBUS IN SAGA: MANAGING THE START UP ACQUISITION PHASE Vrio Analysis
- HOW RETAILERS SHOULD THINK ABOUT ONLINE VERSUS IN STORE PRICING Vrio Analysis
- WHOLE FOODS MARKET: THE DEUTSCHE BANK REPORT (STUDENT SPREADSHEET) Vrio Analysis
- ROYAL MAIL PLC: COST OF CAPITAL (STUDENT SPREADSHEET) Vrio Analysis
- LARRY SUMMERS: BUSINESS LEADERS SHOULD STAND UP TO PRESIDENT TRUMP Vrio Analysis
- EVEN IN A DIGITAL WORLD, GLOBALIZATION IS NOT INEVITABLE Vrio Analysis
- FINALLY, EVIDENCE THAT MANAGING FOR THE LONG TERM PAYS OFF Vrio Analysis
- AQUALISA QUARTZ: SIMPLY A BETTER SHOWER, SPREADSHEET 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!