The articles below explain how the VRIO framework allows systematic examination of firm resources. The framework is useful in examining and why some resources are able to provide a sustainable competitive advantage. By considering whether the resource is (V) valuable, (R) rare, (I) hard to imitate or substitute, and (O) whether the organization is set up to capture the value, helping to explain whether the firm is able to achieve a sustainable competitive advantage.
Latest perspectives on the VRIO framework
What is competitive parity?
This article explores what is meant by competitive parity – and why firms may not be able to gain a competitive advantage over others
What is the VRIO framework?
This article unpacks the VRIO framework – and why it is important to consider whether resources are valuable, rare, hard imitate, or substitute, and the organization is organized to support the resource.
What is a temporary competitive advantage?
What is meant by a temporary competitive advantage – and what makes it temporary? This article explores temporary advantages.
What is a “hard to substitute” resource?
This article explores the meaning behind being hard to substitute, and how it differs from hard to imitate
What is meant by rare in the VRIO framework?
What does “rare” mean when considering the VRIO or VIRNE framework for assessing the internal resources of the firm.
The difference between a temporary and a sustainable competitive advantage
Will the competitive advantage that a firm has over competitors decline over time? This article explores the difference between a sustainable and temporary advantage.
When to undertake VRIO analysis?
In what situations should you use the VRIO Framework? This article explores situations when the VRIO framework can be useful.
What is the timeframe considered for a sustainable competitive advantage?
What is the timeframe considered when we discuss a sustainable competitive advantage? This article explores the timeframe typically considered.
Porter’s Five Forces vs VRIO Analysis
This article explores the difference between Porter’s Five Forces and VRIO analysis
What is competitive parity?
This article explores what is meant by competitive parity – and why firms may not be able to gain a competitive advantage over others
What is the VRIO framework?
This article unpacks the VRIO framework – and why it is important to consider whether resources are valuable, rare, hard imitate, or substitute, and the organization is organized to support the resource.
What is a temporary competitive advantage?
What is meant by a temporary competitive advantage – and what makes it temporary? This article explores temporary advantages.
What is a “hard to substitute” resource?
This article explores the meaning behind being hard to substitute, and how it differs from hard to imitate
What is meant by rare in the VRIO framework?
What does “rare” mean when considering the VRIO or VIRNE framework for assessing the internal resources of the firm.
The difference between a temporary and a sustainable competitive advantage
Will the competitive advantage that a firm has over competitors decline over time? This article explores the difference between a sustainable and temporary advantage.
When to undertake VRIO analysis?
In what situations should you use the VRIO Framework? This article explores situations when the VRIO framework can be useful.
What is the timeframe considered for a sustainable competitive advantage?
What is the timeframe considered when we discuss a sustainable competitive advantage? This article explores the timeframe typically considered.
Porter’s Five Forces vs VRIO Analysis
This article explores the difference between Porter’s Five Forces and VRIO analysis