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| Criterion |  Business Strategy TOWS Matrix |  Business Strategy Business Model Canvas |  Business Strategy SWOT Analysis |
|---|---|---|---|
Purposedifferent | The TOWS Matrix connects internal strengths and weaknesses with external opportunities and threats into action-oriented strategies. It goes a step further than a pure stocktaking. | The Business Model Canvas condenses a business model to its key building blocks and assumptions. It makes variants quickly comparable and reveals gaps before validation or implementation begins. | SWOT Analysis arranges strengths, weaknesses, opportunities, and threats into a compact picture of the situation. It keeps internal capabilities and external influences separate before strategic options emerge from them. |
Complexitydifferent | Medium | Medium | Low |
Timedifferent | 1-2 h | 1-2 h | 30-60 min |
Participantsdifferent | 3-10 | 2-8 | 3-12 |
Formatdifferent | Workshop | Workshop + async | Workshop |
Outputdifferent | TOWS Matrix, Strategic Options, Priority Actions | Business Model Canvas, Assumption List, Business Hypotheses | SWOT matrix, Strategic options, Action list |
Tags1 shared | StrategyAnalysisOptions | Business modelStrategyValueInnovation | StrategyAnalysisMarketPositioning |
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