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Criterion
Paper illustration of VRIO Framework with its method-specific working model.
Business Strategy
VRIO Framework
Scenario Planning method illustration showing its working structure
Business Strategy
Scenario Planning
Anonymous individual judgments pass through feedback loops to form a distribution.
Decision Making
Delphi Method
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.Scenario Planning opens the view to several plausible futures instead of a single forecast. The method protects strategies from depending on too narrow an expected path.When knowledge is distributed and direct dominance should be avoided, groups quickly fall under the sway of their opinion leaders. The Delphi Method gathers assessments iteratively and gradually brings expert judgments closer together.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
MediumHighHighMedium
Timedifferent
90-180 min0.5-2 Tage1-4 Wochen1-2 h
Participantsdifferent
3-64-126-30 Experten2-8
Formatdifferent
WorkshopWorkshopAsyncWorkshop + async
Outputdifferent
VRIO Table, Strategic ActionsScenario Set, Strategic Implications, Robust OptionsExpert Forecast, Consensus Range, Assumption NotesBusiness Model Canvas, Assumption List, Business Hypotheses
Tags1 shared
StrategyDiagnosisBusiness modelCapability
StrategyUncertaintyPlanning
ForecastingExpertsDecisionStrategy
Business modelStrategyValueInnovation
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