Not conducting a VRIO analysis before strategic planning can lead to a lack of understanding of the organization's resources and capabilities that could provide a competitive advantage. This could result in strategic decisions that are not aligned with the organization's strengths and weaknesses, potentially leading to the pursuit of unfeasible or suboptimal strategies. It could also mean missed opportunities to leverage existing resources or capabilities for competitive advantage.
How do you know if a venture is worth your time, investment, and resources? Value, rareness, imitabi...
Download template