Overview
The system of rules, practices, and processes by which a company is directed and controlled.
More in Business & Strategy
Total Addressable Market
Growth & RevenueThe total revenue opportunity available for a product or service if 100% market share were achieved.
Build vs Buy Analysis
Innovation & VenturesA strategic decision framework for evaluating whether to develop technology capabilities internally or procure them from external vendors, weighing cost, time, differentiation, and risk.
Venture Building
Innovation & VenturesThe systematic creation of new businesses from scratch within a corporate or studio environment, providing capital, talent, infrastructure, and strategic guidance from inception.
Business Case
Operations & ModelsA justification for a proposed project or undertaking based on its expected commercial benefit.
Corporate Innovation Lab
Innovation & VenturesA dedicated unit within a corporation focused on exploring and developing new technologies and business models.
Customer Lifetime Value
Growth & RevenueThe total revenue a business can expect from a single customer account throughout their relationship.
Switching Cost
Corporate StrategyThe costs a consumer incurs when switching from one product, service, or supplier to another.
Platform Strategy
Operations & ModelsA business approach centred on creating value by facilitating interactions between multiple user groups.