Be VIRO

Have you seen this model VRIO?

It is a great business strategy tool to help company be competitive in the market. I see it can be applied in our daily life: be VRIO to be our best self.

***VRIO (Value, Rarity, Imitability and Organisation) in organisation***

According to VRIO, a firm's resource or capability must be valuable, rare, inimitable and non-substitutable, to become a source of sustained competitive advantage (Barney, 1997; Grant, 2016; Henry, 2012). For example, a company named Sense Worldwide has open innovation based on co-creation as the key source of their sustained competitive advantage.

***VRIO in your daily life***

Values (identity) - 3 words to describe my values are:... 

Rare imitable skills - 3 unique skills are:...

Organisation (daily action) - 3 ways for me to develop my identity and skills everyday are:..

 

31723356_1890676274289634_2307462190409449472_o.jpg