Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Solution

Home >> London Business School >> Strategic Innovation At The Base Of The Pyramid >> Vrio Analysis

Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Study Analysis


Another broad range framework used is the Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Solution, which supplies the exceptional chance to the Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Solution to get the useful competitive benefit in the market.

VRIO Framework

Option

The alternatives for attending to the ineffective employee management and weak appointment system are as follows:

User-friendly, much faster and powerful appointment system
The Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Analysis can implement the intuitive, quicker and more powerful reservation system, due to which, the end result would probably make the procedure of appointment more efficient, so that the quantity of time that is needed by representative to get connected with customer would increase, thus creating more earnings. The new system would lower the actions for booking from 7 to 5, and it would identify the previous guest or clients, so that the travel agent would go through their history of buying.

Also, the most recent automated functionality would help the Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Analysis in saving the time of agent, moving more control and versatility into their hands and turning multiple call into 3 simple actions. It would supply anintuitive reservation experience on the basis of the travel partners' feedback.

Pros

The higher marketing and sales synergy.
A modern-day booking technique.
Conserves staff time.
Business is offered for appointment.
Faster payments.

Cons

Requires an internet access.
It is pricey.
An inefficient employee management.
The HR team concerns ought to be converted to drive the alignment of the Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Analysis through enhanced efficiency management as well as an enhanced internal interaction. Such strategy would supply the foundation to track the employees' development and performance with the passage of time.The Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Help can motivate the employees by creating CLEVER objectives.

The Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Solution needs to decrease the worker turnover rate, cross train staff members, and the cost. The assessment report of staff members on plainly specified task expectation should be established in order to guarantee that they get actionable and clear input that would be gotten the greater organizational efficiency. The simple to utilize and dependable cloud based employee evaluation software would improve the performance of the group as a whole.

Pros

It tracks and enhances the worker efficiency
It cuts the staff members' cost
Improvement in the staff members' efficiency
It produces greater advantages to the Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Help.
Improves the worker loyalty and retention.
Results in recognition and reward.
Maximizes the engagement.
Clear responsibilities.
Expense benefits.

Cons

It is expensive.
Limitation in the efficiency of the workers.
After thinking about the alternatives to deal with the emerging issues with the organization, it is recommended that the Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Analysis needs to use the IT spending on infrastructure, in order to enhance the booking system, which would make it possible for the Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Analysis to understand the maximum effectiveness by means of marketing, sales along with the revenue yield management abilities. The allotment of spending plan on an intuitive, faster and powerful booking system would allow the Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Help to attain the constant, effective and considerable outcome over the amount of time. The functions of the booking system consist of: product management, pricing management, stock management, financials, ship public facilities management, agency management, guest or customer management, CRM, earnings and yield management. By improving the booking system, the infrastructure of the Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Help would be improved, hence making the clients satisfied and supplying marketing prior to they board ships.

Action plan

The Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Help needs to determine the solution in the long run, that includes the remediation of a much better infrastructure. The Vrio Analysis of Strategic Innovation At The Base Of The Pyramid Case Help needs to take substantial steps in the execution of the intuitive, powerful and an effective appointment system, such as; it ought to allocate the enough amount of budget plan on enhancing the client loyalty, strengthening the earnings and maximizing the marketplace share, which can be done by enabling the representatives to use the web enabled reservation system in addition to the booking of more personalized vacations for guests or customers.





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.