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10 Innovation Frameworks to Maximize your Business Results
Innovation frameworks help you to formulate and implement strategies, ideas, processes, and business models faster and more effectively than your competition. They free up mental inertia and allow you to reach your business goals in record time and with...
A Beginner’s Guide to “Jobs to be Done”
"People don't want to buy a quarter-inch drill. They want a quarter-inch hole." — Theodore Levitt The basic premise of the “Jobs to be Done” framework is that people do not just buy products and services because of their features or other attributes. People...
Why TRIZ can Revolutionize your Problem-Solving Skills
TRIZ (Theory of Inventive Problem Solving) offers a set of tools and approaches to help you solve difficult, technical problems and to invent new products. TRIZ is a problem-solving, analysis and forecasting tool derived from the study of patterns of invention in the...
How to Apply Disruptive Innovation to Any Industry
A Disruptive Innovation is an innovation that transforms an existing market or industry by introducing simplicity, convenience, accessibility, and affordability where complication and high-cost have become the status quo. Typically, a disruptive offering gives...
How the Business Model Canvas Helps You Develop Startup Ideas
“Ideas placed in the Canvas trigger new ones. The Canvas becomes a tool for facilitating the idea dialogue—for individuals sketching out their ideas and for groups developing ideas together.” - Alexander Osterwalder "The same products, services or technologies can...
The Power of 10X Thinking
“Being realistic is the most common path to mediocrity.” ― Will Smith “When people say, ‘You’re thinking too big,’ be smart enough not to listen. And when they ask, ‘How can you do that?’, look them in the eyes and say, ‘I’ll figure it out.’” ― Eric Schmidt, Executive...
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This glossary contains concepts related to Analytics, Statistics, and Operations Research. There are over 350 definitions to choose from on this page.