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Criterion
Paper illustration for Failure Mode and Effects Analysis
Operations
Failure Mode and Effects Analysis
Paper fishbone diagram with a measurable effect at the head and six labeled cause branches.
Operations
Fishbone Diagram
Paper illustration of Value Chain Analysis with its method-specific working model.
Business Strategy
Value Chain Analysis
Paper illustration of Business Model Stress Test with its method-specific working model.
Business Strategy
Business Model Stress Test
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.When a problem has several possible contributing factors, the method sorts causes by cause areas. It prevents an initial hunch from blocking the view of other plausible drivers.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.A Business Model Stress Test checks how well a business model holds up under pressure and headwinds. It compares strengths, risks, market logic, and courses of action. The result is captured as a stress-test report and action plan per scenario.
Complexitydifferent
HighLowHighHigh
Timedifferent
2-6 h30-60 minHalf dayHalf day
Participantsdifferent
3-102-83-83-8
Formatsame
WorkshopWorkshopWorkshopWorkshop
Outputdifferent
FMEA Table, Risk Priority, Mitigation ActionsFishbone Diagram, Cause Categories, Investigation BacklogValue Chain Map, Lever ListStress Test Report, Action Plan per Scenario
Tagsno overlap
RiskQualityOperationsRoot cause
Root causeQualityOperations
StrategyBusiness modelDiagnosisAnalysis
StrategyBusiness modelRiskDiagnosis
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