Leverage core resources for a sustained competitive advantage
The VRIO analysis was developed by Jay B. Barney in 1991. VRIO is an acronym representing four factors that define a company’s competitive advantage. Value (V) is the first factor; it examines whether a resource adds value to the company by providing a competitive advantage. R for rarity examines the unique quality of the resource. A resource that is used by few or no competitors is a major contributor to a competitive advantage. I for inimitability refers to whether a resource can be imitated. Unique aspects such as patents, social factors or historical circumstances can provide distinctive advantages over competitors. Organization (O) describes how existing resources can be optimally utilized. A sustained competitive advantage emerges when all four factors are fulfilled.
Identify and develop crucial resources within your own company
This PowerPoint template contains definitions, editable templates and an overview of each of the VRIO framework’s four factors. Use it to present the basic elements of the method, how it works and your own results. This template provides a step-by-step guide through the VRIO analysis process, as well as information on how to evaluate the results. Also included is the evolution from the VRIN method to the VRIO analysis and distinct types of tangible and intangible resources. You can use the provided additional methods, such as the strategic triangle, SWOT analysis, PESTEL analysis and the Blue Ocean method to complete your results. A concrete example of how to use the method will help you to perform the VRIO analysis for your company.
With the VRIO Analysis PowerPoint template, you can
- present how the VRIO analysis is performed and the advantages it provides
- identify your company’s key competitive advantages
- use an editable template to perform your VRIO analysis
This PowerPoint template includes:
- Quote
- Definition
- Tangible resources for the analysis
- Intangible resources for the analysis
- Process
- Value
- Rarity
- Imitability
- Organization
- VRIN vs. VRIO
- Advantages
- Implementation
- Process diagram
- VRIO analysis guide
- How to interpret results
- Meaning of the results
- Additional methods
- Strategic triangle/3C model
- SWOT analysis
- PESTEL analysis
- Blue Ocean vs. Red Ocean
- Strategy map
- Examples of use
- Graphics
