Order custom Harvard Business Case Study Analysis & Solution. Starting just $19
Fern Fort University
Toshiba VRIO / VRIN Analysis | Assignment Help
What is VRIO / VRIN Analysis ?
VRIO stands for – Value of the resource, Rareness of the resource, Imitation Risk, and Organizational Competence.
VRIO is a resource focused strategic analysis tool.
To build a sustainable competitive advantage the resources that –casename— needs to be valuable, rare, and difficult to imitate. Secondly the –casename— needs to possess capabilities, organizational structure, and culture to optimize the available resources usage. VRIO analysis can help organizations such as Toshiba to do better resource allocation and build a defensible value and supply chain.
Order a Toshiba VRIO / VRIN Analysis now
What is a Valuable Resource for Toshiba? Defining Valuable in VRIO
A resource or capability is considered valuable for Toshiba , if it allows the
Toshiba to exploit opportunities or negate threats
emerging out of both the micro business environment and the macro environment. If a resource does not allow Toshiba to minimize threats or exploit opportunities, than it doesn't contribute signficantly to building a sustainable competitive advantage for Toshiba.
What are Rare Resources for Toshiba? Defining Rare in VRIO
In an industry that Toshiba operates in, valuable resources are held by number of competitors. So valuable resources themselves don’t provide a sustainable competitive advantage. Toshiba require rare resources to compete in the industry. If Toshiba don’t have rare resources that are required to succeed in the industry then Toshiba won’t be able to compete successfully in the marketplace. Secondly holding rare resources can provide Toshiba competitive advantage against players that don’t have those rare resources. HBR Case Study Solution
What is a Inimitable (Difficult to Immitate) Resource for Toshiba? Defining Inimitable in VRIO
A valuable and rare resource can provide a competitive advantage to Toshiba for certain period of time as all the competitors are going to try to imitate or replicate that resource. A sustained competitive advantage emerges, if the resource is difficult to imitate by the competitors. Toshiba can create inmitability by innovating on the product side, reducing pain points on service delivery, and having an effective post sales servicing strategy.
Check out the SWOT analysis of Toshiba
What is a Organization for Toshiba? Defining Organization in VRIO
Even if the Toshiba has all the valuable resources that are both rare and difficult to imitate, it won’t automatically result into a sustainable competitive advantage. The key to build the sustainable competitive advantage is to have organizational capabilities, expertise, and structure to exploit the resources. If Toshiba is not organized based on its strengths then it won’t able to exploit all the resources that it possesses.
Resources | Value | Rare | Imitation | Organization | Competitive Advantage |
---|---|---|---|---|---|
Access to Cheap Capital for Toshiba | Yes, as a leading player in the industry and current macro economic conditions, Toshiba has access to cheap capital | No | Can be imitated by the competitors of Toshiba | Not been totally exploited | Not significant in creating competitive advantage |
Global and Local Presence of Toshiba | Yes, as it diversify the revenue streams and isolate company's balance sheet from economic cycles | Yes | Can be imitated by competitors of Toshiba but at a relatively high cost | Yes, it is one of the most diversified companies in its industry | Providing Strong Competitive Advantage |
Opportunities in the E-Commerce Space for Toshiba - using Present IT Capabilities | Yes, the e-commerce space is rapidly growing and Toshiba can exploit the emerging opportunities | No, most of the competitors are investing in IT to enter the space | The AI and inhouse analytics can be difficult to imitate | It is just the start for the organization | In the long run it can provide sustainable competitive advantage |
Successful Implementation of Digital Strategy at Toshiba | Yes, without a comprehensive digital strategy it is extremely difficult to compete | No, as most of the firms are investing into digitalizing operations | Can be imitated by competitors | One of the leading player in the industry | Digital strategy has become critical in the industry but it can't provide sustainable competitive advantage to |
Brand awareness of Toshiba products and services | Yes, the brand awareness of Toshiba products are high | Yes, Toshiba has one of the leading brand in the industry | No | Toshiba has utilized its leading brand position in various segments | Sustainable Competitive Advantage |
Distribution and Logistics Costs Competitiveness | Yes, as it helps Toshiba in delivering lower costs | No | Can be imitated by competitors of Toshiba but it is difficult | Yes | Medium to Long Term Competitive Advantage |
Alignment of Activities with Toshiba Corporate Strategy | Yes | No | Each of the firm has its own strategy | Yes, company has organizational skills to extract the maximum out of it. | Still lots of potential to build on it |
Product Portfolio and Synergy among Various Product Lines of Toshiba | Yes, it is valuable in the industry given the various segmentations & consumer preferences. | Most of the competitors are trying to enter the lucrative segments | Can be imitated by the competitors | The firm has used it to good effect, details can be found in case exhibit | Provide short term competitive advantage but requires constant innovation to sustain |
Sales Force and Channel Management of Toshiba | Yes | No | Can be imitated by competitors | Still there is lot of potential to utilize the excellent sales force | Can provide Toshiba sustainable competitive advantage. Potential is certainly there. |
Intellectual Property Rights, Copyrights, and Trademarks | Yes, they are extremely valuable for Toshiba to thwart competition | Yes, IPR and other rights are rare and competition of Toshiba will find it extremely difficult to copy | Risk of imitation is low but given the margins in the industry disruption chances are high | So far the firm has not utilized the full extent of its IPR & other properties | Providing Strong Competitive Advantage |
Brand Positioning of Toshiba in Comparison to the Competitors | Yes | No | Can be imitated by competitors but it will require big marketing budget | Yes, the firm has positioned its brands based on consumer behavior | Temporary Competitive Advantage |
Supply Chain Network Flexibility of Toshiba | Yes | Yes | Near competitors also have flexible supply chain and share some of the suppliers | Fully utilized by Toshiba organizational structure and capabilities | Keeps the business running |
Position among Retailers and Wholesalers – Toshiba retail strategy | Yes, Toshiba has strong relationship with retailers and wholesalers | Yes, Toshiba has dedicated channel partners | Difficult to imitate though not impossible | Yes, over the years company has used it successfully | Sustainable Competitive Advantage |
Financial Resources of Toshiba | Yes | No | Financial instruments and market liquidity are available to all the nearest competitors | Toshiba has reasonably sound financial position | Toshiba has relatively sustainable Competitive Advantage |
Toshiba SWOT Analysis, SWOT Matrix, Weighted SWOT Case Study Solution & Analysis
Books and References
Ahir Gopaldas and Anton Siebert (2022 July August) "What You’re Getting Wrong About Customer Journeys",
Harvard Business Review , 92
Linda A. Hill, Emily Tedards, and Taran Swan (2021) "Drive Innovation with Better Decision-Making", Harvard Business Review 86
Dyer, J. H., & Hatch, N. (2004). Using Supplier Networks to Learn Faster. Sloan Management Review, 45(3), 57–63
Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17, 99–120
Dyer, J. H., Kale, P., & Singh, H. (2004, July–August). When to ally and when to acquire. Harvard Business Review, 109–115
MBA Admission help, MBA Assignment Help, MBA Case Study Help, Online Analytics Live Classes
Order Now
Previous VRIO / VRIN Analysis
- Xbox VRIO / VRIN Analysis
- Aviva VRIO / VRIN Analysis
- Swisscom VRIO / VRIN Analysis
- ASDA VRIO / VRIN Analysis
- Canon VRIO / VRIN Analysis
Next 5 VRIO / VRIN Analysis
- CPIC VRIO / VRIN Analysis
- Winston VRIO / VRIN Analysis
- China Vanke VRIO / VRIN Analysis
- Sberbank VRIO / VRIN Analysis
- Booking.com VRIO / VRIN Analysis