Pitts and Koufopoulos (2012) argue that resources and capability are highly important internal factors that should be taken into account by the organization in order to obtain the successful performance in the long run.
VRIOS analysis could be used as a tool for assessment of UNICEF internal environment (skills, capacities and capabilities), which could be incorporated in the strategic planning module.
VRIOS analysis of UNICEF:
Rated on a four-point scale as follows:
A = outstanding generator of value and advantage – of genuine strategic significance
B = valuable, but not a crucial source of advantage
C = useful, but probably of declining significance
D = already declining in significance and unlikely to be sustainable V R I O S Comments Skills
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The strategic process that UNICEF, like any other organization, goes through, starts with a mission statement continues through its goals, internal and external analysis and implementation and results in a competitive advantage in the marketplace they operate in (Yates, 2012).
This analysis is used as a framework to evaluate UNICEF resources (tangible and intangible), skills and capacities and determine its competitive potential.
VRIOS analysis demonstrates that:
-UNICEF resources and capabilities are valuable for the organization,
-UNICEF is taking a full advantage of its resources, skills and capacities, most of which present agency’s sustainable competitive advantages
- Organizational resources are its strengths that could present opportunities and mitigate risks.
Future strategy actions and recommendation:
Considering its competitive advantages and reflecting on the lessons learnt, it is recommended that UNICEF should:
-Better focus on advocacy. Undertake more advocacy and awareness raising events, involving social
Internal- What is Danis capable of? (analyze the strengths and weaknesses) By looking at the company’s strong points and weak points Danis will be able to determine the company’s capabilities. According to Knol, marketing strategies, “All factors that are internal to the organization are known as the ‘internal environment’. They are generally audited by applying the ‘Five Ms’ which are Men, Money, Machinery, Materials and Markets. The internal environment is as important for managing change as the external.” (Knol, marketing strategy p 3)
...s capabilities, resources and core competencies that will helpful to make companies better. On the other side, by this assignment, we come to know about the characteristics of the BHP Billiton Company in relation to the major facts, strength and weakness and resources, capabilities and core competencies. Apart from this, the VRIO framework identifies the valuable resources and capabilities that can help to compete with their rivals. While a value chain analysis gives information about the primary and support activities and also explains the marginal value. However, organizational culture and the iceberg analogy depict the pattern of thinking, working and operations of an organization. In the end, we find some strategic issues related to BHP BILLITION that might be the crucial issues for them and by solving that issues BHP will become a stranger in the market place.
To do so companies have to have access to certain tools, those tools that are called resources and capabilities. Resources are stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively. For example, some tangible resources include land, equipment, and technology. Intangible resources include, but are not limited to human capital, intellectual property, and brand image. Capabilities are the abilities of a firm to perform by using a collection of people, processes, and technology gathered for a specific purpose. For example, Nike has the capabilities to technologically innovate their products. Having both resources and capabilities provides a company with a competitive asset or sustainable competitive
UNICEF, United Nations Children’s Fund, is a nonprofit organization, founded by the United Nations General Assembly in 1946 in New York. Initially, UNICEF was created to provide temporary emergency help like medications, nutrition and clothes to children in the destroyed after World War 2 countries. In 1953 UNICEF became a permanent organization which has been supported by voluntary contributions and donations. Today UNICEF operates in 190 countries all over the world, saving and improving children’s lives and protecting their rights. It also provides healthcare, immunizations, food, education and emergency relief. “The number of children dying every day from all preventable causes has declined to about 19,000, down from 33,000 in 1991. At the U.S. Fund for UNICEF we won’t stop at “fewe...
“Service to a just cause rewards the worker with more real happiness and satisfaction than any other venture of life” (Carrie Chapman Catt). UNICEF directs its assistance in various developing countries on several different issues. This organization has the ability to capture the attention of many through various different advertisements such as the staircase ads in China. The powerful messages UNICEF displays throughout humanity allows several individuals to be aware of the occurring situations around the world. This causes them to effectively create a movement to arise causing many to take action and aid the unfortunate. The issue of children with disabilities living inequality is one that is often forgotten. I believe that being part of UNICEF would allow me the opportunity to help bring awareness and improve the care and services in several countries for those who are living with disabilities so that they are all living in equality.
Bond is the network for over 290 UK-based non-governmental organizations working in the international development and development education. The organization stresses the barriers to organizational learning as due to bias for action, failure to hold discussions, and lack of commitment. On the other hand, organizations may fail to grow due to political issues and these are most common in the United States. The writer then gives the solutions to these barriers, which among them are; changing the ways of thinking, transfer of knowledge, and skills and good governance. China has already achieved this and it is continually improving on organizational learning, which makes it to have the fastest growing economy in the world.
Giving to others through humanitarian projects is not only inclusive of providing monetary solutions for food. Philosophies and intention to reach specific goals are also associated with the needs of others. The Hunger Project is designed with the central goal of eradicating poverty. However, it is found that this is not done only by feeding the poor, but instead through empowerment initiatives that allow others to change their lives. When looking at the approach used to The Hunger Project, it can be seen that the ability to provide empowerment to others will assist in changing lives through donations. The impact which is made by making a donation creates an initiative not only through the power of changing lives of those in need. It also alters the socio political landscape and the global society at large. This impact is one which can redefine the overall functions in the globe, specifically by eradicating poverty.
In response to the recent failure of the international community to prevent the famine crisis in the Horn of Africa since July 2011, Suzanne Dvorak the chief executive of Save the Children wrote that, “We need to provide help now. But we cannot forget that these children are wasting away in a disaster that we could - and should - have prevented” she added, “The UN estimates that every $1 spent in prevention saves $7 in emergency spending.” (Dvorak, 2011).
I had the immense pleasure of completing a summer internship with the United Nations Children’s Fund (UNICEF) in the amazing city of Kingston, Jamaica. UNICEF is a leading humanitarian and development agency, working globally for the rights of every child, with specific focus on safety and shelter, nutrition, protection from disaster, conflict and changing the life cycle: pre-natal care, clean water and sanitation, health care and education (UNICEF, 2016). UNICEF also lobbies and partners with government, leaders and policy makers to help all children realize their rights (UNICEF, 2016). Most of UNICEF 's work is in the field, in over 190 countries and territories.
UNICEF’s mission is to remain focus on these five priorities all over the world in all circumstances including conflicts, war, natural disasters, emergencies and also in times of peace.
United Nations Publications. Commission for Social Development: Report on the Forty-fourth Session 18 February 2005 And 8-17 February And 22 March 2006. New York: United Nations Publications, 2006. Print.
This is a crucial part of a strategic analysis because ‘…organisations do not exist in a vacuum, they are part of a complex world’ (Bowman 1987:61) and many factors can influence operations, beneficially and unfavourably. However, these can be difficult to comprehend due to their complexity, diversity and fast changing nature. Necessarily a number of techniques have been developed to facilitate the process and to ‘…contribute to answering the key managerial question…’of what ‘…opportunities and threats might arise in the future’ (Johnson & Scholes 2002:99).
First you need to identify the organization’s internal and external resources, organization’s strengths and weaknesses as compared to its competitors and the opportunities it has for better utilization of resources.
...reliability and validity. As Unicef is setup by the UN and helps all countries the source would be unquestionably unbiased. This is crucial as we are able to conclude that the information is balanced and is not favouring any side. Therefore using Unicef as a source provides legitimate information.
The World Food Program has been extending funds and food donations in enormous amounts to countries that are in dire need of help. They’ve concluded that there are 842 million people who suffer from famine and malnutrition every day. The nations are coming together to solve malnutrition and famine by investing in good nutrition and productivity, which eventually creates economic opportunities for these countries that suffer from famine. The World Food Program has started the process o...