Improving The Clinical Care Pathway Of An Ayurvedic Hospital A Teaching Case For Developing Process Improvement Capabilities Case VRIO Analysis

Several locations can be identified where FG has a competitive edge over its competitors. These areas would certainly be analyzed utilizing the Improving The Clinical Care Pathway Of An Ayurvedic Hospital A Teaching Case For Developing Process Improvement Capabilities VIRO framework where the 'worth', 'inimitability', 'rarity' and organization' of FG would be evaluated in terms of its contribution towards its one-upmanship. The structure has been presented in appendix 3.

It can be seen that FG is providing a value-added product, which is not just a means of obtaining high margins for the business, but is valuable for the consumer also. Smoked fish and shellfish items are looked upon as value-added products therefore FG is absolutely providing worth to the marketplace and to the entrepreneur in the form of high conserving capacity from fish items. Furthermore, FG's capability to produce initial Oriental passionate smoked seafood items can be considered an unmatched ability.

The business has put barriers to entrance for brand-new participants by motivating clients to be requiring in regards to requesting for their preferences. Not only has this made the solution rare, it has enhanced the price of entry for particular niche players considering that FG's diversity and also adaptability can not be matched by new participants in the brief run. This highlights another factor of inimitability.

The reality that the business is not product-orientated however is a market-orientated company which is versatile enough in its capability to get used to dynamic market circumstances recommends that its way of arranging solutions is certainly its competitive edge. In addition to this, business is organized so that it has much less reliance on importers and trading firms which contributes to its competitive edge as a company in a market where smoked fish products need to be imported from various other nations.

Along with these factors, FG's long term partnerships with its consumer that has led to brand name commitment from their side as well as the previous's continuous reinforcement of quality control to keep this brandloyalty is an extra aspect offering it an one-upmanship.

According to the Improving The Clinical Care Pathway Of An Ayurvedic Hospital A Teaching Case For Developing Process Improvement Capabilities VIRO framework, if a company's resources are beneficial but can be copied conveniently, it might have a temporary competitive advantage. However, a sustained affordable advantage would certainly result from sources which are useful, unusual and costly to copy while at the very same time the company has the capability to arrange these for an optimal advantage (Rothaermel, 2013). In FG's case, it can be seen exactly how a sustained affordable benefit is feasible with the company's flexibility, market-orientated technique, suffered long-termrelationships and also ingenious abilities of the business owner. These factors have actually already been discussed in the Improving The Clinical Care Pathway Of An Ayurvedic Hospital A Teaching Case For Developing Process Improvement Capabilities SWOT analysis as interior strengths.