Law of Diminishing Returns
A principle stating that as investment in a single area increases, the rate of return on that investment eventually decreases.
A principle stating that as investment in a single area increases, the rate of return on that investment eventually decreases.
A strategic approach where decisions and direction are set by top-level management and flow down through the organization, often aligned with overarching business goals.
A cognitive bias where individuals evaluate outcomes relative to a reference point rather than on an absolute scale.
A professional responsible for overseeing and coordinating multiple related projects to ensure they align with organizational goals and deliver strategic value.
A professional responsible for defining the strategic direction of a product, ensuring it aligns with market needs and business objectives.
Serviceable Obtainable Market (SOM) is the portion of the Serviceable Addressable Market that a company can realistically capture.
Organizational Change Management (OCM) is the process of managing the people side of change to achieve desired business outcomes.
The process of collecting and documenting the needs and expectations of stakeholders for a new or modified product or system.
The organizational structure and dynamics of teams within a company, designed to enhance collaboration and delivery.