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Week 10 Internal analysis: assessing resources and capabilities - Coggle…
Week 10 Internal analysis: assessing resources and capabilities
2 Appraising resources and capabilities
why doing
Figure 10.1
3 The VRIO framework
uses
the VRIO frameworkassement steps
VRIO
3.1 V – Value
definition
value to customers
responding to environmental opportunities or threats
cost
3.2 R – Rarity
3.3 – Inimitability
definition
3.3 I – Inimitability
barriers to imitation
3.3.1 Complexity
Internal linkages.
External interconnectedness.
3.3.2 Causal ambiguity
Characteristic ambiguity.
Linkage ambiguity
3.3.3 Culture and history
path dependency
inimitability types
3.4 O – Organisational Support
complementary capabilities
Organisational knowledge as a basis of competitive advantage
definition
types
explicite
tacite
4 Assessing an organisation’s competitive position using the VRIO framework
applying VRIO
Table 10.1 The relationship between the VRIO attributes and competitive advantage
interpretation of able results
Activity 10.3:
5 Value chain analysis
the purpose
definition
analaysis aspects
Interactive 10.1
support activities
primary activities
appllying the value chain analysis
5.2 Doing an activity mapping exercise: IKEA
Stage 1
defining ( tailored activities primary activities and the resource and capabilities and its implication.
Stage 2 analysis that support activities tailored.
5.3 The uses of value chain analysis
create strategy
benchmarking
create value
outsource
decisions
