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Criterion
Paper illustration for Failure Mode and Effects Analysis
Operations
Failure Mode and Effects Analysis
Paper illustration for Pareto Analysis
Decision Making
Pareto Analysis
Paper illustration of Value Chain Analysis with its method-specific working model.
Business Strategy
Value Chain Analysis
Paper illustration of VRIO Framework with its method-specific working model.
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.In many problem situations, effect is distributed unequally across many causes. A Pareto Analysis separates the few drivers with high leverage from the long remainder and focuses attention on what measurably moves the needle.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
HighLowHighMedium
Timedifferent
2-6 h30-60 minHalf day90-180 min
Participantsdifferent
3-101-63-83-6
Formatdifferent
WorkshopWorkshop + asyncWorkshopWorkshop
Outputdifferent
FMEA Table, Risk Priority, Mitigation ActionsPareto Chart, Top Causes, Focus ListValue Chain Map, Lever ListVRIO Table, Strategic Actions
Tagsno overlap
RiskQualityOperationsRoot cause
PrioritizationQualityFocusRoot cause
StrategyBusiness modelDiagnosisAnalysis
StrategyDiagnosisBusiness modelCapability
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