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| Criterion |  Business Strategy VMGS |  Business Strategy Business Model Canvas |  Business Strategy VRIO Framework |  Product Strategy Product Vision Board |
|---|---|---|---|---|
Purposedifferent | VMGS arranges vision, mission, goals, and strategies into a clear guiding logic. Direction, purpose, and priorities are connected so teams can decide more coherently. | 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. | 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 product needs a shared direction, it connects target audience, benefit, and business picture in a clear vision. It makes the envisioned future legible for the team. |
Complexitydifferent | Medium | Medium | Medium | Low |
Timedifferent | 2-4 h | 1-2 h | 90-180 min | 1-2 h |
Participantsdifferent | 3-12 | 2-8 | 3-6 | 2-8 |
Formatdifferent | Workshop | Workshop + async | Workshop | Workshop + async |
Outputdifferent | Vision Statement, Mission Statement, Goals, Strategies | Business Model Canvas, Assumption List, Business Hypotheses | VRIO Table, Strategic Actions | Product Vision Board, Vision Statement, Assumptions and Validation Questions |
Tags1 shared | VisionGoalsStrategy | Business modelStrategyValueInnovation | StrategyDiagnosisBusiness modelCapability | VisionCanvasStrategyAlignment |