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Accenture Human Capital Strategy Case VRIO Analysis


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Accenture Human Capital Strategy Case Study Solution

Several areas can be identified where FG has an one-upmanship over its rivals. These locations would certainly be evaluated using the Accenture Human Capital Strategy VIRO structure where the 'value', 'inimitability', 'rarity' and organization' of FG would be evaluated in terms of its contribution towards its competitive edge. The structure has been displayed in appendix 3.

It can be seen that FG is supplying a value-added product, which is not simply a way of obtaining high margins for the business, but is valuable for the client as well. Smoked fish and shellfish products are considered as value-added products and so FG is certainly offering value to the marketplace and to the entrepreneur in the form of high conserving capacity from fish items. Also, FG's ability to produce initial Asian passionate smoked fish and shellfish items can be considered an unmatched skill.

Business has placed barriers to entrance for new entrants by motivating consumers to be demanding in terms of asking for their preferences. Not only has this made the service uncommon, it has actually increased the price of entry for specific niche gamers considering that FG's diversity and also adaptability can not be matched by new participants in the brief run. This highlights an additional factor of inimitability.

The reality that business is not product-orientated however is a market-orientated service which is versatile enough in its capacity to adjust to vibrant market circumstances suggests that its means of organizing solutions is certainly its one-upmanship. In addition to this, business is arranged to ensure that it has much less dependence on importers and trading business which adds to its competitive edge as a company in a market where smoked fish products need to be imported from various other countries.

In addition to these factors, FG's long-term connections with its consumer that has led to brand commitment from their side and also the previous's consistent support of quality assurance to maintain this brandloyalty is an additional variable providing it a competitive edge.

As per the Accenture Human Capital Strategy VIRO framework, if a company's resources are valuable yet can be copied easily, it may have a short-term affordable advantage. In FG's case, it can be seen how a continual competitive advantage is feasible with the firm's flexibility, market-orientated strategy, received long-termrelationships as well as ingenious abilities of the business owner.