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| Criterion | ![]() Systems Thinking Futures Wheel | ![]() Business Strategy VRIO Framework | ![]() Operations Fishbone Diagram | ![]() Operations Failure Mode and Effects Analysis |
|---|---|---|---|---|
Purposedifferent | The Futures Wheel helps explore the consequences of a decision, a trend, or a strategic move in a structured way. It makes visible which first, second, and third-order effects could arise from an event. | 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. | 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. |
Complexitydifferent | Medium | Medium | Low | High |
Timedifferent | 60-120 min | 90-180 min | 30-60 min | 2-6 h |
Participantsdifferent | 3-10 | 3-6 | 2-8 | 3-10 |
Formatdifferent | Workshop + async | Workshop | Workshop | Workshop |
Outputdifferent | Futures Wheel, Consequence Chains, Strategic Signals | VRIO Table, Strategic Actions | Fishbone Diagram, Cause Categories, Investigation Backlog | FMEA Table, Risk Priority, Mitigation Actions |
Tagsno overlap | ForesightSystems thinkingSignals | StrategyDiagnosisBusiness modelCapability | Root causeQualityOperations | RiskQualityOperationsRoot cause |



