University:
Western Governors University
Course:
C493 | Leadership
Academic year:

2022
Views:

239

Pages:

2
Author:

Leilani Contreras

VRINE Model can be considered as a model for Strategic Leadership and Business Transformation. VRINE Model focuses basically on Resources and Capabilities required to achieve a unique product among many ambitious competitors who are running to catch the market from a specific organization. The one which has those resources and capabilities will get the required benefit till they become normal and available for others. Apple Resources and Capabilities using the VRINE model. The word value is a product which has significant usefulness. The rarity, on the other hand, deals with the scarcity of raw material of which it has always been scarce in the apple firm, thus the apple firm has to compete for the less resource. Furthermore, the imitability majors on how the apple Inc. can be copied. The apple Inc. has the patent rights which prevent other firms from entering the market with the same name of apple Inc. Products, The Exploitability the firm must be able to exploit it; that is, the firm must be able to nurture and take advantage of the resources and capabilities that it possesses. The VRINE also deal with competitive consequence and the performance implications. The main activities in the VRINE are answered whether they are or not by simply stating yes or no(Y/N). The following table shows the tabulated information of the apple Inc. VRINE analysis. (Barney J.B, 1991). RESOURCES: Everything available in our environment which can be used to satisfy our needs, provided, it is technologically accessible. Resources can either be tangible (that is physical items including cash, inventory, machinery, human power, land or buildings), or intangible (do not exist in physical form and include things like accounts receivable, pre-paid expenses, patents and goodwill). Resources Valuable Rare Inimitable Organized /Exploitable Result Apple store Yes Yes yes No Temporary advantage Brand name Yes Yes No Yes Sustainable Competitive advantage OEMS relationships Yes No Yes No Competitive advantage Industry design Yes Yes Yes No Temporary advantage Software development teams Yes Yes No Yes Competitive advantage Bestspoke hardware & software Yes Yes Yes No Competitive advantage CAPABILITIES: represents performing or achieving certain actions/outcomes in terms of the intersection of capacity and ability. Capability Valuable Rare Inimitable Organized /Exploitable Result Brand equity Yes Yes yes Yes Competitive advantage Global Presence Yes No No Yes Temporary advantage Customer loyalty Yes Yes No Yes Temporary advantage Supply chain Yes Yes No Yes Temporary advantage Premium Product quality Yes yes Yes Yes Competitive advantage Marketing Yes Yes Yes Yes Competitive advantage Research & Innovation Yes Yes Yes Yes Competitive Advantage