VRIO analysis should be conducted before the strategic planning process because it uncovers the resources and capabilities that give your organization a long-term competitive advantage. The results from this analysis will determine how you approach your strategic decisions. If your company lacks certain traits and can't be competitive in specific areas, VRIO can help you avoid pursuing the wrong ideas.
How do you know if a venture is worth your time, investment, and resources? Value, rareness, imitabi...
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