Muda
A Japanese word meaning any activity in a process that consumes resources without adding value.
514 topics found for
“industry dynamics”
MRR
Monthly Recurring Revenue (MRR) is a metric that quantifies the predictable revenue generated each month from customers.
Anchor Pricing
A pricing strategy where a high-priced option is introduced first to set a reference point, making other options seem more attractive in comparison.
Captive Product Pricing
A pricing strategy where a core product is sold at a low price, but complementary products are sold at higher prices.
Personalization
The process of tailoring a product or experience to meet the individual needs and preferences of users.
Hackathon
An event where developers, designers, and other stakeholders collaborate intensively on software projects, typically within a short timeframe.
Blue Sky
An open-ended and creative approach to problem-solving or planning, often involving brainstorming and envisioning future possibilities without constraints.
Enterprise Architecture
Enterprise Architecture (EA) is a strategic framework used to align an organization's business strategy with its IT infrastructure.
Continuous Discovery
An ongoing process of learning about user needs and validating assumptions through continuous research and experimentation.