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Criterion
Paper illustration for Failure Mode and Effects Analysis
Operations
Failure Mode and Effects Analysis
Paper illustration for Change Analysis.
Operations
Change Analysis
Paper illustration of VRIO Framework with its method-specific working model.
Business Strategy
VRIO Framework
Paper illustration of Value Chain Analysis with its method-specific working model.
Business Strategy
Value Chain Analysis
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.For a deviation after a change, the method isolates the influence of the altered condition. It narrows down which differences are relevant and which are just accompanying noise.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.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.
Complexitydifferent
HighMediumMediumHigh
Timedifferent
2-6 h45-120 min90-180 minHalf day
Participantsdifferent
3-102-63-63-8
Formatdifferent
WorkshopWorkshop + asyncWorkshopWorkshop
Outputdifferent
FMEA Table, Risk Priority, Mitigation ActionsChange Matrix, Cause Hypotheses, Validation Questions, Action ListVRIO Table, Strategic ActionsValue Chain Map, Lever List
Tagsno overlap
RiskQualityOperationsRoot cause
ChangeRoot causeTroubleshootingComparison
StrategyDiagnosisBusiness modelCapability
StrategyBusiness modelDiagnosisAnalysis
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