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The key steps in conducting a VRIO Analysis are: 1. Identify the resources and capabilities of the organization. 2. Analyze the value of these resources and capabilities. 3. Determine the rarity of these resources and capabilities. 4. Evaluate the imitability of these resources and capabilities. 5. Assess the organization's ability to exploit these resources and capabilities.
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How do you know if a venture is worth your time, investment, and resources? Value, rareness, imitability, and organizational health are vital to determine long-term competitive advantage. The framework uncovers the internal resources that should be central to your organization's overall strategy. Use this deck to identify the core capabilities that will ensure your ultimate success.
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How do you know if a venture is worth your time, investment, and resources? Value, rareness, imitability, and organizational health are vital to deter...
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