Peter Kiewit Sons 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 Peter Kiewit Sons to do better resource allocation and build a defensible value and supply chain.

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What is a Valuable Resource for Peter Kiewit Sons? Defining Valuable in VRIO

A resource or capability is considered valuable for Peter Kiewit Sons , if it allows the Peter Kiewit Sons to exploit opportunities or negate threats emerging out of both the micro business environment and the macro environment. If a resource does not allow Peter Kiewit Sons to minimize threats or exploit opportunities, than it doesn't contribute signficantly to building a sustainable competitive advantage for Peter Kiewit Sons.

What are Rare Resources for Peter Kiewit Sons? Defining Rare in VRIO

In an industry that Peter Kiewit Sons operates in, valuable resources are held by number of competitors. So valuable resources themselves don’t provide a sustainable competitive advantage. Peter Kiewit Sons require rare resources to compete in the industry. If Peter Kiewit Sons don’t have rare resources that are required to succeed in the industry then Peter Kiewit Sons won’t be able to compete successfully in the marketplace. Secondly holding rare resources can provide Peter Kiewit Sons competitive advantage against players that don’t have those rare resources. HBR Case Study Solution

What is a Inimitable (Difficult to Immitate) Resource for Peter Kiewit Sons? Defining Inimitable in VRIO

A valuable and rare resource can provide a competitive advantage to Peter Kiewit Sons 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. Peter Kiewit Sons 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 Peter Kiewit Sons

What is a Organization for Peter Kiewit Sons? Defining Organization in VRIO

Even if the Peter Kiewit Sons 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 Peter Kiewit Sons 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
Pricing Strategies of Peter Kiewit Sons	Yes, Peter Kiewit Sons has sound pricing strategies	No	Pricing strategies are regularly imitated in the industry	Yes, firm has a pricing analytics engine	It can only provide Peter Kiewit Sons with a Temporary Competitive Advantage
Alignment of Activities with Peter Kiewit Sons 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
Financial Resources of Peter Kiewit Sons	Yes	No	Financial instruments and market liquidity are available to all the nearest competitors	Peter Kiewit Sons has reasonably sound financial position	Peter Kiewit Sons has relatively sustainable Competitive Advantage
Global and Local Presence of Peter Kiewit Sons	Yes, as it diversify the revenue streams and isolate company's balance sheet from economic cycles	Yes	Can be imitated by competitors of Peter Kiewit Sons but at a relatively high cost	Yes, it is one of the most diversified companies in its industry	Providing Strong Competitive Advantage
Vision of the Leadership for Next Set of Challenges	Yes	No	Can't be imitated by competitors of Peter Kiewit Sons	Not based on information provided in the case	Can Lead to Strong Competitive Advantage
Position among Retailers and Wholesalers – Peter Kiewit Sons retail strategy	Yes, Peter Kiewit Sons has strong relationship with retailers and wholesalers	Yes, Peter Kiewit Sons has dedicated channel partners	Difficult to imitate though not impossible	Yes, over the years company has used it successfully	Sustainable Competitive Advantage
Successful Implementation of Digital Strategy at Peter Kiewit Sons	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
Opportunities in the Adjacent Industries that Peter Kiewit Sons can exploit & New Resources Required to Enter those Industries	Can be valuable as they will create new revenue streams	No	Can be imitated by competitors	All the capabilities of the organization are not fully utilized yet	Has potential
Intellectual Property Rights, Copyrights, and Trademarks	Yes, they are extremely valuable for Peter Kiewit Sons to thwart competition	Yes, IPR and other rights are rare and competition of Peter Kiewit Sons 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 awareness of Peter Kiewit Sons products and services	Yes, the brand awareness of Peter Kiewit Sons products are high	Yes, Peter Kiewit Sons has one of the leading brand in the industry	No	Peter Kiewit Sons has utilized its leading brand position in various segments	Sustainable Competitive Advantage
Distribution and Logistics Costs Competitiveness	Yes, as it helps Peter Kiewit Sons in delivering lower costs	No	Can be imitated by competitors of Peter Kiewit Sons but it is difficult	Yes	Medium to Long Term Competitive Advantage
Supply Chain Network Flexibility of Peter Kiewit Sons	Yes	Yes	Near competitors also have flexible supply chain and share some of the suppliers	Fully utilized by Peter Kiewit Sons organizational structure and capabilities	Keeps the business running
Customer Community of Peter Kiewit Sons	Yes, as customers are co-creating products	Yes, the Peter Kiewit Sons has able to build a special relationship with its customers	It is very difficult for Peter Kiewit Sons competitors to imitate the culture and community dedication	Going by the data, there is still a lot of upside in building on Peter Kiewit Sons customers community ecosystem	Providing Strong Competitive Advantage
Ability to Attract Talent in Various Local & Global Markets	Yes, Peter Kiewit Sons strategy is built on successful innovation and localization of products	Yes, as talent is critical to firm's growth	Difficult to imitate for the current competitors of Peter Kiewit Sons	To a large extent yes	Providing Strong Competitive Advantage

Peter Kiewit Sons 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