Value Innovation
The simultaneous pursuit of differentiation and low cost, creating a leap in value for both the company and its customers, often associated with Blue Ocean Strategy.
The simultaneous pursuit of differentiation and low cost, creating a leap in value for both the company and its customers, often associated with Blue Ocean Strategy.
A cognitive bias where people seek out more information than is needed to make a decision, often leading to analysis paralysis.
The process of creating and developing new products, focusing on form, function, usability, and aesthetics to meet user needs.
Numeronym for the word "Virtualization" (V + 12 letters + N), creating virtual versions of physical resources, such as servers, storage devices, or networks, to improve efficiency and scalability.
A cognitive bias where people prefer a smaller set of higher-quality options over a larger set with lower overall quality.
A small, specialized market segment focused on a particular product or service, often characterized by a unique demand.
A team responsible for delivering specific features or enhancements, typically working on predefined requirements and focusing on the implementation of assigned features.
A Japanese term meaning "continuous improvement," focusing on small, incremental changes to enhance processes and products.
User Experience (UX) refers to the overall experience of a person using a product, system, or service, encompassing all aspects of the end-user's interaction.