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| Criterion |  Business Strategy Business Model Canvas |  Product Strategy Product Vision Board |
|---|---|---|
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. | When a product needs a shared direction, it connects target audience, benefit, and business picture in a clear vision. It makes the envisioned future legible for the team. |
Complexitydifferent | Medium | Low |
Timesame | 1-2 h | 1-2 h |
Participantssame | 2-8 | 2-8 |
Formatsame | Workshop + async | Workshop + async |
Outputdifferent | Business Model Canvas, Assumption List, Business Hypotheses | Product Vision Board, Vision Statement, Assumptions and Validation Questions |
Tags1 shared | Business modelStrategyValueInnovation | VisionCanvasStrategyAlignment |
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