- Educational Background:
My knowledge, credentials, and educational accomplishments prove that I am indeed trained and capable to work in my prospective field.
Value
|
Rarity
|
Inimitable
|
Non-Substitutable
|
High
|
High |
No
|
Yes
|
The resources that I have acquired from my entrepreneurial pursuits and connections with important "players" and organizations within my market.
Value
|
Rarity
|
Inimitable
|
Non-Substitutable
|
High
|
High
|
Yes
|
Yes
|
- Educational Personnel
The connections made with highly regarded people with advanced educational background. Can help further sustainable development and efficient research.
Value
|
Rarity
|
Inimitable
|
Non-Substitutable
|
High
|
Med
|
Yes
|
Yes
|
- Safety Advancements
Maintaining strong functionality and deign to ensure reliability and access when needed.
Value
|
Rarity
|
Inimitable
|
Non-Substitutable
|
High
|
Med
|
Yes
|
Yes
|
Making use of successful money management and allocation of wealth and resources.
Value
|
Rarity
|
Inimitable
|
Non-Substitutable
|
High
|
Med
|
Yes
|
Yes
|
- Media and Marketing Knowledge
Understanding of mass-marketing and targeting of media phenomenons.
Value
|
Rarity
|
Inimitable
|
Non-Substitutable
|
Med | Low |
Yes
|
No |
Value
|
Rarity
|
Inimitable
|
Non-Substitutable
|
High
|
Med
|
Yes
|
Yes
|
Ability and vision to seek new designs and innovations to improve the state of the product.
Value
|
Rarity
|
Inimitable
|
Non-Substitutable
|
High
|
Med
|
Yes
|
Yes
|
- Technological Knowledge
Awareness and capabilities of navigating the technological landscape and ensuring technological growth.
Value
|
Rarity
|
Inimitable
|
Non-Substitutable
|
Med |
Med
|
Yes
|
No |
Earned wisdom and discipline from working physically demanding environmental jobs.
Value
|
Rarity
|
Inimitable
|
Non-Substitutable
|
Med | Med |
Yes
|
No |
Alex, I think your approach of organizing your data in charts was very clever. It helped compare your resources by using similar variables. Non-substitutable resources are the most important in labeling an unfair advantage. I too agree that your education will be your most important resource. Good job.
ReplyDeleteHello Alex,
ReplyDeleteGreat job on this weeks assignments! I really like how you organized and placed your information in your blog post. Having the charts as visuals makes understanding the VRIN analysis much easier. I too think that my most important/prominent resource is my education. Overall, great job and keep up the good work.
Hey Alex! I liked how you made tables for evaluating the VRIN of each resource; it helped me compare between the 10 you listed. I think your innovative mindset will be incredibly important! For one of our required readings, I read the Mindset book where it talked about fixed mindsets and growth mindsets and having one that is innovative is definitely on the growth side. But yes, education is also very important because no one can take that away from you.
ReplyDelete