VRIO Analysis for Strategic Planning
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VRIO Analysis for Strategic Planning

Financial | Human | Material | Non-material

1

Resources and Capabilities

List the resources and capabilities

2

VRIO Analysis

Use the four VRIO questions to evaluate the resources/capabilities

Valuable

Rare

Inimitable

Organized

Plan to get back to the

resource/capability when the

conditions change

Is there the Potential to improve

resources/capabilities with a ''No'' answer?

How can we

maintain/improve the

resource/capabilities?

3

Strategy Map

Use the most promising resources/capabilities to formulate a strategic hypothesis

Using VRIO Analysis for Strategic Planning | BSCDESIGNER.COM | STRATEGY EXECUTION SOFTWARE

Using VRIO Analysis for Strategic Planning

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publish time: 2021-08-13
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The following VRIO framework shows that the model is a strategic analysis tool designed to help businesses uncover and protect the resources and capabilities that give them long-term competitive advantages. As shown below, the framework should be put into play after creating a vision statement but before the strategic planning proceeds. It should be noted here that VRIO analysis forms a part of the strategic analysis toolkit. It suggests looking at the resources and capabilities and deciding which might lead to sustainable competitive advantage. These dimensions assess whether the resource or capability in question is unique, easily replicable, or if there is enough organization in place to capture value.

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