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| Criterion |  Operations Failure Mode and Effects Analysis |  Business Strategy VRIO Framework |  Operations Fishbone Diagram |  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. | 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. | 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 | 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 | Value Chain Map, Lever List |
Tagsno overlap | RiskQualityOperationsRoot cause | StrategyDiagnosisBusiness modelCapability | Root causeQualityOperations | StrategyBusiness modelDiagnosisAnalysis |