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Criterion
Paper illustration for ABC Analysis
Operations
ABC Analysis
Paper illustration of Value Chain Analysis with its method-specific working model.
Business Strategy
Value Chain Analysis
Paper illustration for Pareto Analysis
Decision Making
Pareto Analysis
Paper illustration for Failure Mode and Effects Analysis
Operations
Failure Mode and Effects Analysis
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.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.In many problem situations, effect is distributed unequally across many causes. A Pareto Analysis separates the few drivers with high leverage from the long remainder and focuses attention on what measurably moves the needle.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.
Complexitydifferent
LowHighLowHigh
Timedifferent
30-60 minHalf day30-60 min2-6 h
Participantsdifferent
1-53-81-63-10
Formatdifferent
AsyncWorkshopWorkshop + asyncWorkshop
Outputdifferent
ABC Classification, Focus Rules, Control ListValue Chain Map, Lever ListPareto Chart, Top Causes, Focus ListFMEA Table, Risk Priority, Mitigation Actions
Tagsno overlap
PrioritizationOperationsPortfolio
StrategyBusiness modelDiagnosisAnalysis
PrioritizationQualityFocusRoot cause
RiskQualityOperationsRoot cause
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