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

MOHG3 - Essay ExampleThe Group, integrated in Bermuda, has its headquarters in Hong Kong. The mission of the Group lies in facilitating customers through the services provided to them. The Group is dedicated towards delivering excellent services through involvement of employees in the process of development of the hotel governing body. The Group emphasises on creating a congenial humour for the employees to facilitate them to perform their activities in an orderly manner. The Group is responsible in focusing their routine works through group activities, inculcating a strong consider amid one another along with contributing towards ensuring effective productivity which would enable the Group to gain reputed success in the competitive market (Mandarin Oriental Hotel Group, 2011). VRIN shape 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 advantages of an organ isation as wellspring as formulating a connection between internal features and competitive advantages of an organisation. The VRIN framework comprises four elements such as valuable, rare, imperfectly imitable along with non-substitutable. These are the resources which are comprehensively utilise by an organisation in ascertaining their position in a competitive scenario (Talaja, 2012). In this regard, it 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 context, it can be stated that the valuable resources are to be taken into handbill 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 needed to be unique enough for enabling an organisation to gain greater competitive advantag es 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 depiction regarding whether or not the valuable and rare resources possessed 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 unable to replicate them, which would cause serious harm to the reputation of the organisation. Non-substitutable signifies that the services and the goods supplied by the organisatio n are pocket 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 belongings 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