>> Strategic Management
Question: Mapping and Evaluating Core Skills, Competencies and Capabilities: SCOT, Value-Chain and VRIOS Analysis
. Conduct a research and perform critical analyses of the internal resource base of an organization related to Nike Inc. Organizations related to Nike Inc can be a competitor, supplier, customer or others.
. Examine the VRIOS framework and internal value chain information in the work of Pitt and Koufopoulos
. Review the SCOT Analysis document and consider how to best deploy it. You are not required to use the pre-designed templates, but you will be responsible for a robust and complete analysis with implications clearly stated.
. Prepare a table in Word that replicates in Pitt and Koufopoulos. Rather than just using the phrase 'distinctive capability' as shown in the left hand column, use the following category boxes, in this order from top to bottom:
o Skills: 1, 2, 3, and so on (i.e. core individuals in the organisation who bring distinct value to it)
o Competencies and capabilities: 1, 2, 3, and so on (i.e. work-groups, functional units, discrete activities), as ordered by a detailed rendering of the organisation's value-chain activities
o Other strategic assets
. Using the table to organise your thoughts, make a VRIOS evaluation of the skills, competencies, capabilities and other strategic assets of Nike Inc . Use the A through D scale as shown in the figure.
. Be sure to explain what the strategic implications of your analysis are and how the set of implications limits or shapes your strategic recommendations.
. Be sure to identify specific future strategy actions and recommendations based on your evaluation of options and to provide a basic defense of why your recommended actions are the most appropriate.
Preview Container content
To analyse the best VRIOS evaluation, we have the foundation of the Valuable, Rare, Imitate, and Organisation which are important for a better hold of the different opportunities that come on the way. (Hill et al., 2014).
In an organisation like Nike Inc., there has been a provision to hold major opportunities that try to track the effect way to manage and handle the possession to enhance the assets as per the effective way which is able to take control over all the assets and enhance the position significantly.
The results of the services are mainly to track the organisation of Nike and try to build up an organisation of commercialised field that could hold impressive invention over the different performers of the innovative development.