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Strategic Management report including VIRO analysis

Words : 3000
    Assignment Task
    Please note the 3,000 word limit is including tables, headings and executive summaries,
    but not including appendices, table of contents, figures, references, etc.
    Preamble
    This assignment should be based on your current employer/business or a business with
    which you have had some recent exposure and with which you are familiar. It is an
    academic paper and should therefore also draw on theory from peer-reviewed academic
    journal articles as well as texts. The EBSCO data base available to you via e-
    Communities ‘My Resource Centre’ may be searched for relevant journal articles.
    Your task
    1. Introduce your organisation and its objectives and examine its ownership
    structure, external and internal governance mechanisms and any forms of
    external control.
    2. Identify the basic sources of cost and differentiation advantage in your industry.
    Position your organisation and its major competitors in a strategic group
    diagram – use theory to explain your diagram.
    3. Use a value chain analysis of your organisation to identify sources of competitive
    advantage.
    4. Conduct a VIRO analysis of these sources of competitive advantage to determine
    whether they are strategic resources. Connect the development of these
    resources with the corporate governance mechanisms you identified in your
    answer to question one. The answer to Activity 3.2 should assist you.
    5. Make recommendations for the development of strategic resources (including
    the corporate governance process) to increase the competitiveness of your
    organisation, while staying within the same strategic group. (Recommendations
    that create competitive advantage consistent with the organisations current
    competitive advantages). You may wish to review your answers to Activity 3.7.

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