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| Criterion |  Operations Failure Mode and Effects Analysis |  Business Strategy Blue Ocean Strategy Canvas |  Business Strategy VRIO Framework |
|---|---|---|---|
Purposedifferent | 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. | The Blue Ocean Strategy Canvas shows how an offering is positioned relative to the market. Differentiation thereby becomes tangible in value factors instead of merely being claimed. | 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 | High | Medium | Medium |
Timedifferent | 2-6 h | 2-4 h | 90-180 min |
Participantsdifferent | 3-10 | 3-10 | 3-6 |
Formatsame | Workshop | Workshop | Workshop |
Outputdifferent | FMEA Table, Risk Priority, Mitigation Actions | Strategy Canvas, Value Curve, ERRC Actions | VRIO Table, Strategic Actions |
Tagsno overlap | RiskQualityOperationsRoot cause | StrategyPositioningInnovationValue | StrategyDiagnosisBusiness modelCapability |
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