Groupthink
A psychological phenomenon where the desire for harmony and conformity in a group results in irrational or dysfunctional decision-making.
A psychological phenomenon where the desire for harmony and conformity in a group results in irrational or dysfunctional decision-making.
A cognitive bias where individuals strengthen their beliefs when presented with evidence that contradicts them.
A brainstorming technique where participants intentionally suggest bad ideas to spur creative thinking and overcome mental blocks.
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.
Rich Internet Application (RIA) is a web application that offers interactive and engaging user experiences similar to desktop applications.
A technique used to prime an audience before delivering a persuasive message.
New Product Development (NPD) is the complete process of bringing a new product to market, from idea generation to commercialization.
Large Language Model (LLM) is an advanced artificial intelligence system trained on vast amounts of text data to understand and generate human-like text.
Internet of Things (IoT) refers to a network of interconnected physical devices embedded with electronics, software, sensors, and network connectivity, enabling them to collect and exchange data.