Barney Changed VRIN into VRIO

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Resource-based View > Best Practices > Barney Changed VRIN into VRIO

Barney Changed VRIN into VRIO
Al-nashir Bandali
Barney developed the VRIN framework (1991) to VRIO. The "O" stands for the Organisation's capability to support and deliver the "Valuable", "Rare" and "In-imitable" resource. (...) Read more? Sign up for free

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  VRIN --> VRIO --> VRINO
Warren Miller, CPA, CFA, United States, Member
  To bridge the small gap between VRIN and VRIO, we have taken to calling it VRINO in our written work and discussions with clients.

  VRIN morphes into VRIO
Hawkins, Manager, United Kingdom, Member
  As Barney refocussed the VRIN framework to become the VRIO he has not diminished the original model, because he now encapsulated the issue of substitutes (N) in the I part of the framework.).
Essentially however, if the organisation is not capable of exploiting the resources in terms of ricardian rents (grant) and preventing the leeching of value (Porter), then the organisations management whose role is one of co-ordinating resources in pursuit of capability (Penrose) is not organisationally fitted to exploite the VRI-part of the framework.

  What is meant with the leeching of value by Porter?
Warren Miller, CPA, CFA, United States, Member
  (...)

   
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Resource-based View
Summary
Forum
Can 'Product Design Capability' be a Resource for an Organization?
🔥Relationship Between Isolating Mechanisms / Barriers of Imitation and Company Size
Resource Based View Identifies Core Competences
Best Practices
🥇Resource Based View Industries?
Barney Changed VRIN into VRIO
🥉Limitations of Resource Based View of the Firm
Sources for Resource Based View
Advantages of RBV (benefits)
RBV & Financial Capability
Relevance of RBV to Healthcare SMEs
Challenges of Managing Conglomerates...
Extended RBV Approach
Relevance of RBV When Facing Low Cost Competition
Strategic Resource Planning
Empirical Research of RBV
Example RBV - Engineering Firm
RBV and Comparative Advantage
RBV in Micro Business?
Resource Based View of the Firm and SWOT
The Conditions of RBV are Seemingly Non-Complementary


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