The VRIO analysis of Wework Company is a broad range analysis providing the organization with a chance to get a practical competitive advantage against its competitors in the food and drink industry, summed up in Exhibit I.
Valuable
The resources utilized by the Wework business are valuable for the business or not. Such as the resources like finance, human resources, management of operations and experts in marketing. This are a few of the key valuable aspects of for the identification of competitive advantage.
Rare
The valuable resources made use of by Wework are even uncommon or costly. If these resources are frequently found that it would be simpler for the competitors and the new competitors in the market to easily relocate competition.
Imitation
The replica process is expensive for the rivals of Wework Business. However, it can be done just in 2 various techniques i.e. product duplication which is produced and manufactured by Wework Company and launching of the replacement of the products with switching cost. This increases the risk of disturbance to the current structure of the industry.
Organization
This component of VRIO analysis deals with the compatibility of the business to place in the market making productive usage of its important resources which are difficult to imitate. Regularly, the development of management is absolutely depending on the firm's execution strategy and team. Thus, this polishes the abilities of the company by time based upon the choices made by firm for the development of its tactical capitals.
Exhibit I: VRIO Analysis
