Use Porter’s Five Forces to analyze your competitiveness in the marketplace: buyers, suppliers, rivalry, new entries, and substitution.
The Pugh Analysis Matrix is an analysis tool that results in an optimal concept. You refine a list of ideas by using a matrix to compare the designs.
Invented by Genrikh Altshuller, TRIZ analyzes engineering problems and then suggests solutions based on structure. Inventive problems contain at least one contradiction which arise when improving one feature detracts from another.
Design for Excellence (aka Design for X, DFX) is a systematic approach for designing where X is the objective for the product or process
FMEA (Failure Mode Effects Analysis) is a tool that helps us anticipate what might go wrong with a process and identify the possible causes.