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VRIO Analysis for Business Performance

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Published on 2021-08-13
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The strategic analysis models can intersect and can act in support of each other, meaning that business managers can use a VRIO analysis to identify their organizational strengths and weaknesses, as well as Porter's five forces analysis can light your opportunities and threats, and both analytical frameworks can be part of your other analysis. 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. Use EdrawMax to create a VRIO model for your organization to understand the impact on performance.
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