VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations

Posted by Zachary Edwards on Mar-22-2018

The VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations will look at each of its internal resources one by one to assess whether these provide sustained competitive advantage. The Bally SA From Core Competencies to Exceeding Customer Expectations 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 Bally SA From Core Competencies to Exceeding Customer Expectations VRIO Analysis shows that the financial resources of Bally SA From Core Competencies to Exceeding Customer Expectations are highly valuable as these help in investing into external opportunities that arise. These also help Bally SA From Core Competencies to Exceeding Customer Expectations in combating external threats.
• According to the VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations, 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 Bally SA From Core Competencies to Exceeding Customer Expectations VRIO Analysis shows that Bally SA From Core Competencies to Exceeding Customer Expectations'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 Bally SA From Core Competencies to Exceeding Customer Expectations's products.
• According to the VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations, its patents are a valuable resource as these allow the firm to sell its products without competitive interference. This results in greater revenue for Bally SA From Core Competencies to Exceeding Customer Expectations. These patents also provide Bally SA From Core Competencies to Exceeding Customer Expectations with licensing revenue when it licenses these patents out to other manufacturers.
• The Bally SA From Core Competencies to Exceeding Customer Expectations VRIO Analysis shows that Bally SA From Core Competencies to Exceeding Customer Expectations’s distribution network is a valuable resource. This helps it in reaching out to more and more customers. This ensures greater revenues for Bally SA From Core Competencies to Exceeding Customer Expectations. It also ensures that promotion activities translate into sales as the products are easily available.
• According to the VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations, 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 Bally SA From Core Competencies to Exceeding Customer Expectations VRIO Analysis shows that the research and development at Bally SA From Core Competencies to Exceeding Customer Expectations 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 Bally SA From Core Competencies to Exceeding Customer Expectations. It is recommended that the research and development teams are improved, and costs are cut for these.

Rare

• The financial resources of Bally SA From Core Competencies to Exceeding Customer Expectations are found to be rare according to the VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations. 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 Bally SA From Core Competencies to Exceeding Customer Expectations 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 Bally SA From Core Competencies to Exceeding Customer Expectations and inhibit competitive advantage. This means that the local food products result in competitive parity for Bally SA From Core Competencies to Exceeding Customer Expectations. As this resource is valuable, Bally SA From Core Competencies to Exceeding Customer Expectations can still make use of this resource.
• The employees of Bally SA From Core Competencies to Exceeding Customer Expectations are a rare resource as identified by the VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations. 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 Bally SA From Core Competencies to Exceeding Customer Expectations are a rare resource as identified by the Bally SA From Core Competencies to Exceeding Customer Expectations VRIO Analysis. These patents are not easily available and are not possessed by competitors. This allows Bally SA From Core Competencies to Exceeding Customer Expectations to use them without interference from the competition.
• The distribution network of Bally SA From Core Competencies to Exceeding Customer Expectations is a rare resource as identified by the VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations. This is because competitors would require a lot of investment and time to come up with a better distribution network than that of Bally SA From Core Competencies to Exceeding Customer Expectations. These are also possessed by very few firms in the industry.

Imitable

• The financial resources of Bally SA From Core Competencies to Exceeding Customer Expectations are costly to imitate as identified by the Bally SA From Core Competencies to Exceeding Customer Expectations 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 Bally SA From Core Competencies to Exceeding Customer Expectations. 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 Bally SA From Core Competencies to Exceeding Customer Expectations provide it with a temporary competitive advantage that competitors can too acquire in the long run.
• The employees of Bally SA From Core Competencies to Exceeding Customer Expectations are also not costly to imitate as identified by the Bally SA From Core Competencies to Exceeding Customer Expectations VRIO Analysis. This is because other firms can also train their employees to improve their skills. These companies can also hire employees from Bally SA From Core Competencies to Exceeding Customer Expectations by offering better compensation packages, work environment, benefits, growth opportunities etc. This makes the employees of Bally SA From Core Competencies to Exceeding Customer Expectations a resource that provides a temporary competitive advantage. Competition can acquire these in the future.
• The patents of Bally SA From Core Competencies to Exceeding Customer Expectations are very difficult to imitate as identified by the VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations. 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 Bally SA From Core Competencies to Exceeding Customer Expectations is also very costly to imitate by competition as identified by the Bally SA From Core Competencies to Exceeding Customer Expectations VRIO Analysis. This has been developed over the years gradually by Bally SA From Core Competencies to Exceeding Customer Expectations. Competitors would have to invest a significant amount if they are to imitate a similar distribution system.

Organisation

• The financial resources of Bally SA From Core Competencies to Exceeding Customer Expectations are organised to capture value as identified by the VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations. 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 Bally SA From Core Competencies to Exceeding Customer Expectations.
• The Patents of Bally SA From Core Competencies to Exceeding Customer Expectations are not well organised as identified by the Bally SA From Core Competencies to Exceeding Customer Expectations 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 Bally SA From Core Competencies to Exceeding Customer Expectations starts selling patented products before the patents expire.
• The distribution network of Bally SA From Core Competencies to Exceeding Customer Expectations is organised as identified by the VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations. Bally SA From Core Competencies to Exceeding Customer Expectations 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 Bally SA From Core Competencies to Exceeding Customer Expectations.

From the VRIO Analysis of Bally SA From Core Competencies to Exceeding Customer Expectations, 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 Bally SA From Core Competencies to Exceeding Customer Expectations is a competitive disadvantage. Research and Development is also a competitive disadvantage.