MOHG3 Essay Example | Topics and Well Written Essays - 1000 words

MOHG3 - Essay ExampleThe Group, integrated in Bermuda, has its central office in Hong Kong. The mission of the Group lies in facilitating customers through the work provided to them. The Group is dedicated towards delivering excellent services through involvement of employees in the process of fall apartment of the hotel giving medication. The Group emphasises on creating a congenial mood for the employees to facilitate them to perform their activities in an orderly manner. The Group is responsible in focusing their routine kit and boodle through group activities, inculcating a strong believe amid one another along with contributing towards ensuring in effect(p) productivity which would enable the Group to gain reputed success in the competitive market (Mandarin Oriental Hotel Group, 2011). VRIN pretence Analysis The VRIN Model Analysis is the framework which is adopted on the basis of Resource-based View (RBV). RBV emphasises on theories related to determining competitive ad vantages of an organisation as well as formulating a connection between home(a) features and competitive advantages of an organisation. The VRIN framework comprises four elements such as valuable, lofty, imperfectly imitable along with non-substitutable. These are the resources which are comprehensively used by an organisation in ascertaining their position in a competitive scenario (Talaja, 2012). In this regard, it tin can be observed that valuable stands for resources that are used by an organisation for designing strategies which would enable it to develop its effectiveness and efficiency. In this stage setting, it can be stated that the valuable resources are to be taken into broadside for implementation of strategies in the organisational culture as well in the environment where the organisation eventually functions. Similarly, rare signifies uniqueness. Contextually, it can be stated that resources are unavoidable to be unique enough for enabling an organisation to gain greater competitive advantages as compared to the competitors in the market. In reference to the competitors, it can also be stated the competitors generally do not maintain a particular strategy to compete in the market for its sustainability. Thus, it does provide a vivid picture regarding whether or not the valuable and rare resources possess by an organisation are strong enough to maintain its sustainability in the competitive market. The success of the organisation lies in exploiting the valuable resources effectively in order to sustain competitiveness in the global context (OFallon & Rutherford, 2010). Inimitable implies the resources which cannot be simply replicated by the competitors in the market. An organisation and the employees should have the capabilities of preserving the resources so that the competitors are inefficient to replicate them, which would cause serious harm to the reputation of the organisation. Non-substitutable signifies that the services and the goo ds supplied by the organisation are max and no other organisation can match up to the offered value or quality. An organisation is required to be aware of the situation and look for keeping their competitive position intact by supplying quality products to customers for ensuring its sustainability (Mitchell, 2010). Strategic Strengths and Weaknesses of Madarin Oriental Hotel Group Organisation In Relation To VRIN Analysis From the concept demarcated in the VRIN