Barney Changed VRIN into VRIO

Resource-based View
Knowledge Center

Best Practices

Sign up

Al-nashir Bandali

Barney Changed VRIN into VRIO

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.

  Warren Miller, CPA, CFA
Strategy Consultant, United States
 

VRIN --> VRIO --> VRINO

To bridge the small gap between VRIN and VRIO, we have taken to calling it VRINO in our written work and discussions with clients.

  Hawkins
Manager, United Kingdom
 

VRIN morphes into VRIO

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.

  Warren Miller, CPA, CFA
Strategy Consultant, United States
 

What is meant with the leeching of value by Porter?

@Hawkins : can you please explain what you have in (...)

Start a new forum topic

 

More on Resource-based View
Summary
Forum
Challenges of Managing Conglomerates...
Extended RBV Approach
Can 'Product Design Capability' be a Resource for an Organization?
Relevance of RBV When Facing Low Cost Competition
Strategic Resource Planning
Empirical Research of RBV
🔥Relationship Between Isolating Mechanisms / Barriers of Imitation and Company Size
Example RBV - Engineering Firm
RBV and Comparative Advantage
RBV in Micro Business?
Resource Based View of the Firm and SWOT
Resource Based View Identifies Core Competences
The Conditions of RBV are Seemingly Non-Complementary
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
Special Interest Group

Are you interested in Resource-based View? Sign up for free

Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:

Resource-based View
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2021 12manage - The Executive Fast Track. V15.8 - Last updated: 11-4-2021. All names of their owners.