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| Criterion |  Business Strategy Business Model Canvas |  Operations Failure Mode and Effects Analysis |  Business Strategy Value Chain Analysis |  Business Strategy VRIO Framework |
|---|---|---|---|---|
Purposedifferent | The Business Model Canvas condenses a business model to its key building blocks and assumptions. It makes variants quickly comparable and reveals gaps before validation or implementation begins. | 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. | The VRIO Framework rates resources and capabilities on whether they are Valuable, Rare, Inimitable, and Organized. It compares strengths, risks, market logic, and courses of action. The result is captured as a VRIO table and strategic actions. |
Complexitydifferent | Medium | High | High | Medium |
Timedifferent | 1-2 h | 2-6 h | Half day | 90-180 min |
Participantsdifferent | 2-8 | 3-10 | 3-8 | 3-6 |
Formatdifferent | Workshop + async | Workshop | Workshop | Workshop |
Outputdifferent | Business Model Canvas, Assumption List, Business Hypotheses | FMEA Table, Risk Priority, Mitigation Actions | Value Chain Map, Lever List | VRIO Table, Strategic Actions |
Tagsno overlap | Business modelStrategyValueInnovation | RiskQualityOperationsRoot cause | StrategyBusiness modelDiagnosisAnalysis | StrategyDiagnosisBusiness modelCapability |