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Criterion
Paper illustration for ABC Analysis
Operations
ABC Analysis
Paper illustration for Failure Mode and Effects Analysis
Operations
Failure Mode and Effects Analysis
Paper illustration of Value Chain Analysis with its method-specific working model.
Business Strategy
Value Chain Analysis
Paper fishbone diagram with a measurable effect at the head and six labeled cause branches.
Operations
Fishbone Diagram
Purposedifferent
With many similar objects of differing economic significance, the method prioritizes effort by effect. It separates what needs regular steering from what rarely needs attention.For a process, product, or service with noticeable failure risks, the method assesses possible failure modes in advance. It directs attention to combinations of occurrence, effect, and detectability.Value Chain Analysis shows where value is created, costs accrue, and differentiation becomes possible along the process. It compares strengths, risks, market logic, and courses of action. The result is captured as a value-chain map and lever list.When a problem has several possible contributing factors, the method sorts causes by cause areas. It prevents an initial hunch from blocking the view of other plausible drivers.
Complexitydifferent
LowHighHighLow
Timedifferent
30-60 min2-6 hHalf day30-60 min
Participantsdifferent
1-53-103-82-8
Formatdifferent
AsyncWorkshopWorkshopWorkshop
Outputdifferent
ABC Classification, Focus Rules, Control ListFMEA Table, Risk Priority, Mitigation ActionsValue Chain Map, Lever ListFishbone Diagram, Cause Categories, Investigation Backlog
Tagsno overlap
PrioritizationOperationsPortfolio
RiskQualityOperationsRoot cause
StrategyBusiness modelDiagnosisAnalysis
Root causeQualityOperations
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