Resource-Based View (RBV) and VRIN Framework   30-slide PPT PowerPoint presentation (PPTX)
$25.00

Resource-Based View (RBV) and VRIN Framework (30-slide PPT PowerPoint presentation (PPTX)) Preview Image Resource-Based View (RBV) and VRIN Framework (30-slide PPT PowerPoint presentation (PPTX)) Preview Image Resource-Based View (RBV) and VRIN Framework (30-slide PPT PowerPoint presentation (PPTX)) Preview Image Resource-Based View (RBV) and VRIN Framework (30-slide PPT PowerPoint presentation (PPTX)) Preview Image Resource-Based View (RBV) and VRIN Framework (30-slide PPT PowerPoint presentation (PPTX)) Preview Image Resource-Based View (RBV) and VRIN Framework (30-slide PPT PowerPoint presentation (PPTX)) Preview Image Log in to unlock full preview.
Loading preview images...
Arrow   Unlock all 30 preview images:   Login Register

Resource-Based View (RBV) and VRIN Framework (PowerPoint PPTX)

PowerPoint (PPTX) 30 Slides FlevyPro Document

$25.00
FlevyPro price: FREE (included in subscription)
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
Add to Cart
  


Immediate download
Free lifetime updates

DESCRIPTION

This product (Resource-Based View [RBV] and VRIN Framework) is a 30-slide PPT PowerPoint presentation (PPTX), which you can download immediately upon purchase.

Research by various academics has suggested various models of improving profitability and developing a sustainable competitive advantage. In particular, Rumelt, in his research in 1991, identified that, contrary to Michael Porter's idea of industry solutions as the main source of profitability, the key source of superior performance and profitability in large US corporations was at the individual organizational level, instead of corporate level resources.

Likewise, as per Prahalad and Hamel, distinctive competencies or capabilities of the organization make the key difference in achieving superior performance and competitive advantage.

This PowerPoint presentation deliberates on the Resource-Based View (RBV) model that is one of the methodologies to understand the differences in organizations' performance. RBV argues that an organization's internal resources—workforce, key competencies—are what matter most. A trained and equipped workforce has now become a key driver of success for an organization. These internal resources are created, inhibited, and evolved over time.

Jay Barney postulated the VRIN framework in 1991 to supplement the RBV and evaluate whether resources controlled by an organization are able to sustain a competitive advantage. Barney indicated that for an organization to stand out from its competition, its internal strategic resources must possess the following attributes:

1. Valuable – An organization's resources are deemed valuable only if they aid in the achievement of its objectives and value creation through the provision of products or services.

2. Rare – A resource is considered rare if it is not widely possessed or easily accessible by competitors.

3. Inimitable (or difficult to imitate) – A resource is inimitable if competitors cannot easily replicate or substitute it. The more difficult it is for competitors to mimic a resource, the more sustainable the competitive advantage.

4. Non-substitutable – The uniqueness of resources ensures that the resources remain a source of competitive advantage because competitors cannot easily replace or replicate the benefits they offer.

This PowerPoint presentation on Resource-Based View also includes some slide templates for you to use in your own business presentations.

Got a question about the product? Email us at flevypro@flevy.com. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Competitive Advantage PowerPoint Slides: Resource-Based View (RBV) and VRIN Framework PowerPoint (PPTX) Presentation, LearnPPT Consulting


$25.00
FlevyPro price: FREE (included in subscription)
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
Add to Cart
  

Did you need more documents?

Consider a FlevyPro subscription from $39/month. View plans here.

For $14.00 more, you can download this document plus 2 more FlevyPro documents. That's just $13 each.

ABOUT THE AUTHOR

Additional documents from author: 131

We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.

We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies. [read more]


ABOUT FLEVYPRO

FlevyPro is a subscription service for on-demand business frameworks and analysis tools. FlevyPro subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other exclusive benefits.

Click here to learn more about FlevyPro and its benefits.

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Read Customer Testimonials


Your Recently Viewed Documents


Customers Also Like These Documents

Related Management Topics


Competitive Advantage Core Competencies Strategy Development Competitive Analysis Breakout Strategy Strategic Thinking Growth Strategy Value Chain Analysis Innovation Management Distinctive Capabilities Industry Analysis Environmental Analysis

Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S, Balanced Scorecard, Disruptive Innovation, BCG Curve, and many more.