Order custom Harvard Business Case Study Analysis & Solution. Starting just $19
Fern Fort University
Church & Dwight 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 Church & Dwight to do better resource allocation and build a defensible value and supply chain.
Order a Church & Dwight VRIO / VRIN Analysis now
What is a Valuable Resource for Church & Dwight? Defining Valuable in VRIO
A resource or capability is considered valuable for Church & Dwight , if it allows the
Church & Dwight to exploit opportunities or negate threats
emerging out of both the micro business environment and the macro environment. If a resource does not allow Church & Dwight to minimize threats or exploit opportunities, than it doesn't contribute signficantly to building a sustainable competitive advantage for Church & Dwight.
What are Rare Resources for Church & Dwight? Defining Rare in VRIO
In an industry that Church & Dwight operates in, valuable resources are held by number of competitors. So valuable resources themselves don’t provide a sustainable competitive advantage. Church & Dwight require rare resources to compete in the industry. If Church & Dwight don’t have rare resources that are required to succeed in the industry then Church & Dwight won’t be able to compete successfully in the marketplace. Secondly holding rare resources can provide Church & Dwight competitive advantage against players that don’t have those rare resources. HBR Case Study Solution
What is a Inimitable (Difficult to Immitate) Resource for Church & Dwight? Defining Inimitable in VRIO
A valuable and rare resource can provide a competitive advantage to Church & Dwight 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. Church & Dwight 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 Church & Dwight
What is a Organization for Church & Dwight? Defining Organization in VRIO
Even if the Church & Dwight 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 Church & Dwight 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 |
---|---|---|---|---|---|
Financial Resources of Church & Dwight | Yes | No | Financial instruments and market liquidity are available to all the nearest competitors | Church & Dwight has reasonably sound financial position | Church & Dwight has relatively sustainable Competitive Advantage |
Position among Retailers and Wholesalers – Church & Dwight retail strategy | Yes, Church & Dwight has strong relationship with retailers and wholesalers | Yes, Church & Dwight has dedicated channel partners | Difficult to imitate though not impossible | Yes, over the years company has used it successfully | Sustainable Competitive Advantage |
Global and Local Presence of Church & Dwight | Yes, as it diversify the revenue streams and isolate company's balance sheet from economic cycles | Yes | Can be imitated by competitors of Church & Dwight but at a relatively high cost | Yes, it is one of the most diversified companies in its industry | Providing Strong Competitive Advantage |
Talent to Manage Regulatory and Legal Obligations | Yes | No | Can be imitated by competitors | Yes | Not critical factor |
Church & Dwight Customer Network and Loyalty | Yes, 23% of the customers contribute to more than 84% of the sales revenue | Yes, firm has invested to build a strong customer loyalty | Has been tried by competitors but none of them are as successful as Church & Dwight | Church & Dwight is leveraging the customer loyalty to good effect | Provide Church & Dwight medium term competitive advantage |
Track Record of Project Execution | Yes, especially in an industry where there are frequent cost overun | Yes, especially in the segment that Church & Dwight operates in | No, none of the competitors so far has able to imitate this expertise | Yes, Church & Dwight is successful at it | Providing Strong Competitive Advantage |
Product Portfolio and Synergy among Various Product Lines of Church & Dwight | 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 |
Track Record of Leadership Team at Church & Dwight | Yes | Yes | Can't be imitated by competitors | Yes | Providing Strong Competitive Advantage |
Alignment of Activities with Church & Dwight 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 |
Vision of the Leadership for Next Set of Challenges | Yes | No | Can't be imitated by competitors of Church & Dwight | Not based on information provided in the case | Can Lead to Strong Competitive Advantage |
Access to Cheap Capital for Church & Dwight | Yes, as a leading player in the industry and current macro economic conditions, Church & Dwight has access to cheap capital | No | Can be imitated by the competitors of Church & Dwight | Not been totally exploited | Not significant in creating competitive advantage |
Pricing Strategies of Church & Dwight | Yes, Church & Dwight has sound pricing strategies | No | Pricing strategies are regularly imitated in the industry | Yes, firm has a pricing analytics engine | It can only provide Church & Dwight with a Temporary Competitive Advantage |
Intellectual Property Rights, Copyrights, and Trademarks | Yes, they are extremely valuable for Church & Dwight to thwart competition | Yes, IPR and other rights are rare and competition of Church & Dwight 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 |
Successful Implementation of Digital Strategy at Church & Dwight | 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 |
Church & Dwight 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
- Darling Ingredients VRIO / VRIN Analysis
- Nasdaq VRIO / VRIN Analysis
- Murphy Oil VRIO / VRIN Analysis
- C.R. Bard VRIO / VRIN Analysis
- Vulcan Materials VRIO / VRIN Analysis
Next 5 VRIO / VRIN Analysis
- Hubbell VRIO / VRIN Analysis
- Worthington Industries VRIO / VRIN Analysis
- PolyOne VRIO / VRIN Analysis
- Diplomat Pharmacy VRIO / VRIN Analysis
- Cooper-Standard Holdings VRIO / VRIN Analysis