Order custom Harvard Business Case Study Analysis & Solution. Starting just $19
Fern Fort University
TriNet Group 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 TriNet Group to do better resource allocation and build a defensible value and supply chain.
Order a TriNet Group VRIO / VRIN Analysis now
What is a Valuable Resource for TriNet Group? Defining Valuable in VRIO
A resource or capability is considered valuable for TriNet Group , if it allows the
TriNet Group to exploit opportunities or negate threats
emerging out of both the micro business environment and the macro environment. If a resource does not allow TriNet Group to minimize threats or exploit opportunities, than it doesn't contribute signficantly to building a sustainable competitive advantage for TriNet Group.
What are Rare Resources for TriNet Group? Defining Rare in VRIO
In an industry that TriNet Group operates in, valuable resources are held by number of competitors. So valuable resources themselves don’t provide a sustainable competitive advantage. TriNet Group require rare resources to compete in the industry. If TriNet Group don’t have rare resources that are required to succeed in the industry then TriNet Group won’t be able to compete successfully in the marketplace. Secondly holding rare resources can provide TriNet Group competitive advantage against players that don’t have those rare resources. HBR Case Study Solution
What is a Inimitable (Difficult to Immitate) Resource for TriNet Group? Defining Inimitable in VRIO
A valuable and rare resource can provide a competitive advantage to TriNet Group 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. TriNet Group 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 TriNet Group
What is a Organization for TriNet Group? Defining Organization in VRIO
Even if the TriNet Group 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 TriNet Group 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 TriNet Group | Yes, TriNet Group has sound pricing strategies | No | Pricing strategies are regularly imitated in the industry | Yes, firm has a pricing analytics engine | It can only provide TriNet Group with a Temporary Competitive Advantage |
Supply Chain Network Flexibility of TriNet Group | Yes | Yes | Near competitors also have flexible supply chain and share some of the suppliers | Fully utilized by TriNet Group organizational structure and capabilities | Keeps the business running |
Successful Implementation of Digital Strategy at TriNet Group | 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 |
Alignment of Activities with TriNet Group 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 |
Ability to Attract Talent in Various Local & Global Markets | Yes, TriNet Group 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 TriNet Group | To a large extent yes | Providing Strong Competitive Advantage |
Brand awareness of TriNet Group products and services | Yes, the brand awareness of TriNet Group products are high | Yes, TriNet Group has one of the leading brand in the industry | No | TriNet Group has utilized its leading brand position in various segments | Sustainable Competitive Advantage |
Position among Retailers and Wholesalers – TriNet Group retail strategy | Yes, TriNet Group has strong relationship with retailers and wholesalers | Yes, TriNet Group 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 TriNet Group | Yes, as it diversify the revenue streams and isolate company's balance sheet from economic cycles | Yes | Can be imitated by competitors of TriNet Group but at a relatively high cost | Yes, it is one of the most diversified companies in its industry | Providing Strong Competitive Advantage |
Distribution and Logistics Costs Competitiveness | Yes, as it helps TriNet Group in delivering lower costs | No | Can be imitated by competitors of TriNet Group but it is difficult | Yes | Medium to Long Term Competitive Advantage |
Opportunities in the E-Commerce Space for TriNet Group - using Present IT Capabilities | Yes, the e-commerce space is rapidly growing and TriNet Group 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 |
TriNet Group 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 TriNet Group | TriNet Group is leveraging the customer loyalty to good effect | Provide TriNet Group medium term competitive advantage |
Financial Resources of TriNet Group | Yes | No | Financial instruments and market liquidity are available to all the nearest competitors | TriNet Group has reasonably sound financial position | TriNet Group has relatively sustainable Competitive Advantage |
Vision of the Leadership for Next Set of Challenges | Yes | No | Can't be imitated by competitors of TriNet Group | Not based on information provided in the case | Can Lead to Strong Competitive Advantage |
Opportunities in the Adjacent Industries that TriNet Group 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 |
TriNet Group 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
- WGL Holdings VRIO / VRIN Analysis
- Equifax VRIO / VRIN Analysis
- ArcBest VRIO / VRIN Analysis
- Dentsply Sirona VRIO / VRIN Analysis
- Continental Resources VRIO / VRIN Analysis
Next 5 VRIO / VRIN Analysis
- Pinnacle Foods VRIO / VRIN Analysis
- Plexus VRIO / VRIN Analysis
- Kennametal VRIO / VRIN Analysis
- Chicos Fashion VRIO / VRIN Analysis
- Kar Auction Services VRIO / VRIN Analysis