Pro-Innovation Bias
The tendency to overvalue new innovations and technologies while undervaluing existing or traditional approaches.
The tendency to overvalue new innovations and technologies while undervaluing existing or traditional approaches.
Methods and techniques used to overcome mental blocks that hinder creative thinking and problem-solving.
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.
The systematic process of capturing, evaluating, and implementing ideas to drive innovation, reflecting a collective commitment to continuous improvement and product excellence.
A strategic approach where multiple potential solutions are tested to identify the most promising one.
A pricing strategy where a high-priced option is introduced first to set a reference point, making other options seem more attractive in comparison.
A pricing strategy that offers a middle option with substantial value at a moderate price, often perceived as the best deal by users.
An open-ended and creative approach to problem-solving or planning, often involving brainstorming and envisioning future possibilities without constraints.
The strategy of placing a brand in the market to occupy a distinct and valued place in the minds of the target audience.