Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Analysis

Home >> Ibs Center For Management Research >> Li And Fung: The Global Value Chain Configurator >> Vrio Analysis

Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Study Solution


Another broad range structure utilized is the Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Solution, which offers the remarkable opportunity to the Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Solution to gain the useful competitive benefit in the market.

VRIO Framework

Alternative

The options for addressing the inefficient employee management and weak reservation system are as follows:

Intuitive, faster and effective appointment system
The Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Analysis can implement the user-friendly, much faster and more powerful appointment system, due to which, the end result would most likely make the process of reservation more efficient, so that the quantity of time that is required by representative to get connected with customer would increase, thus creating more income. The brand-new system would decrease the steps for making reservation from 7 to 5, and it would recognize the previous guest or clients, so that the travel representative would go through their history of getting.

The latest automated performance would help the Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Analysis in saving the time of representative, moving more control and flexibility into their hands and turning multiple phone calls into 3 simple steps. It would provide anintuitive reservation experience on the basis of the travel partners' feedback.

Pros

The higher marketing and sales synergy.
A contemporary reservation method.
Saves staff time.
Business is available for reservation.
Faster payments.

Cons

Requires an internet gain access to.
It is costly.
An inefficient employee management.
The HR group top priorities need to be converted to drive the alignment of the Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Solution through enhanced efficiency management as well as an enhanced internal interaction. Such technique would provide the structure to track the employees' progress and performance with the passage of time.The Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Help can encourage the workers by creating SMART goals.

The Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Help must minimize the employee turnover rate, cross train workers, and the expense. The evaluation report of employees on plainly specified task expectation need to be established in order to guarantee that they receive actionable and clear input that would be obtained the greater organizational productivity. The easy to utilize and reputable cloud based staff member evaluation software would improve the efficiency of the group as a whole.

Pros

It tracks and enhances the employee efficiency
It cuts the employees' expense
Improvement in the employees' productivity
It generates higher benefits to the Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Analysis.
Improves the staff member loyalty and retention.
Lead to recognition and reward.
Maximizes the engagement.
Clear accountabilities.
Cost benefits.

Cons

It is pricey.
Barrier in the efficiency of the employees.
After taking into consideration the options to attend to the emerging problems with the company, it is recommended that the Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Solution must utilize the IT spending on infrastructure, in order to enhance the appointment system, which would enable the Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Help to understand the optimum effectiveness via marketing, sales as well as the revenue yield management abilities. By improving the appointment system, the facilities of the Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Solution would be enhanced, hence making the customers pleased and supplying marketing prior to they board ships.

Action strategy

The Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Analysis must identify the service in the long run, which includes the restoration of a better facilities. The Vrio Analysis of Li And Fung: The Global Value Chain Configurator Case Help needs to take considerable actions in the implementation of the intuitive, effective and an efficient appointment system, such as; it ought to allocate the adequate amount of budget on improving the customer loyalty, boosting the revenue and making the most of the marketplace share, which can be done by allowing the representatives to use the web made it possible for booking system along with the booking of more customized trips for guests or clients.





This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.