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| Criterion |  Business Strategy TOWS Matrix |  Operations Fault Tree Analysis |  Operations Failure Mode and Effects Analysis |  Operations Barrier 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. | For a critical top event with several possible triggers, the method logically models failure paths. It makes visible which combinations of conditions can lead to damage. | 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. | For a risk that can only be managed through multiple layers of protection, the method examines the effectiveness of each barrier. It shows where safeguards are missing, too weak, or fail under real conditions. |
Complexitydifferent | Medium | High | High | Medium |
Timedifferent | 1-2 h | 2-6 h | 2-6 h | 2-4 h |
Participantsdifferent | 3-10 | 3-8 | 3-10 | 2-6 |
Formatdifferent | Workshop | Workshop + async | Workshop | Workshop + async |
Outputdifferent | TOWS Matrix, Strategic Options, Priority Actions | Fault Tree, Critical Paths, Cause Hypotheses, Control Actions | FMEA Table, Risk Priority, Mitigation Actions | Barrier Inventory, Failure Analysis per Barrier, Action Backlog |
Tagsno overlap | StrategyAnalysisOptions | RiskRoot causeSafety | RiskQualityOperationsRoot cause | Root causeSafetyIncident |