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Criterion
Paper illustration of VRIO Framework with its method-specific working model.
Business Strategy
VRIO Framework
Paper fishbone diagram with a measurable effect at the head and six labeled cause branches.
Operations
Fishbone Diagram
Paper illustration for Failure Mode and Effects Analysis
Operations
Failure Mode and Effects Analysis
Paper illustration of a Business Model Canvas with nine connected compartments, a few notes and symbols for customers, delivery and economic relationships.
Business Strategy
Business Model Canvas
Purposedifferent
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.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.
Complexitydifferent
MediumLowHighMedium
Timedifferent
90-180 min30-60 min2-6 h1-2 h
Participantsdifferent
3-62-83-102-8
Formatdifferent
WorkshopWorkshopWorkshopWorkshop + async
Outputdifferent
VRIO Table, Strategic ActionsFishbone Diagram, Cause Categories, Investigation BacklogFMEA Table, Risk Priority, Mitigation ActionsBusiness Model Canvas, Assumption List, Business Hypotheses
Tagsno overlap
StrategyDiagnosisBusiness modelCapability
Root causeQualityOperations
RiskQualityOperationsRoot cause
Business modelStrategyValueInnovation
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