Wednesday, March 23, 2016

My Unfair Advantage

VRIN Analysis

1) Human capital - Me
Valuable- Yes
Rare- Yes
Inimitable- Yes
Non-substitutable- No

2) Social Capital - Network in Chamber of Commerce
Valuable- Yes
Rare- No
Inimitable- Yes
Non-substitutable- No

3) Financial Capital - Investors in my business
Valuable- Yes
Rare- No
Inimitable- No
Non-substitutable- No

4) Access to 3D-Printer
Valuable-Yes
Rare- No
Inimitable- No
Non-substitutable- No

5) Customer Service
Valuable- Yes
Rare- No
Inimitable- Yes
Non-substitutable- No

6) Marketing Experience
Valuable- Yes
Rare- No
Inimitable- No
Non-substitutable- No

7) Sales Experience
Valuable- Yes
Rare- No
Inimitable- No
Non-substitutable- No

8) Support Staff
Valuable- Yes
Rare- No
Inimitable- Yes
Non-substitutable- No

9) R&D Idea Team
Valuable- Yes
Rare- No
Inimitable- Yes
Non-substitutable- No

10) Brand Reputation
Valuable- No
Rare- No
Inimitable- Yes
Non-substitutable- Yes

According to the VRIN Analysis, I would be the most important asset to my company.  Without the mission and determination of the CEO, the rest of the assets are disconnected.  This is understandable due to the nature of the CEO having so many responsibilities during a business's start-up stage.

1 comment:

  1. Hi Robert,
    I like your method of organizing your analysis. It makes the information so much simpler and easy to read/take in. I also like that you slightly reworded the criteria to make sure that a yes is always positive and a no is always negative. our post also made me realize I neglected to include some possible resources, such as customer service.
    Thanks for sharing! Here is a link to my own post should you care to take a look:http://ablog4c.blogspot.com/2016/03/my-unfair-advantage.html

    ReplyDelete