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| Criterion |  Operations Failure Mode and Effects Analysis |  Business Strategy VRIO Framework |  Operations Fishbone Diagram |  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. | 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. | 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. | 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 | High | Medium | Low | High |
Timedifferent | 2-6 h | 90-180 min | 30-60 min | Half day |
Participantsdifferent | 3-10 | 3-6 | 2-8 | 3-8 |
Formatsame | Workshop | Workshop | Workshop | Workshop |
Outputdifferent | FMEA Table, Risk Priority, Mitigation Actions | VRIO Table, Strategic Actions | Fishbone Diagram, Cause Categories, Investigation Backlog | Stress Test Report, Action Plan per Scenario |
Tagsno overlap | RiskQualityOperationsRoot cause | StrategyDiagnosisBusiness modelCapability | Root causeQualityOperations | StrategyBusiness modelRiskDiagnosis |