Overview
Innovation that creates a new market and value network, eventually disrupting existing markets and displacing established firms.
More in Business & Strategy
Innovation Management
Innovation & VenturesThe systematic process of managing an organisation's innovation procedure from ideation to implementation.
Intrapreneurship
Innovation & VenturesThe practice of entrepreneurial behaviour within an established organisation to drive innovation.
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.
Platform Business Model
Operations & ModelsA business model that creates value by facilitating exchanges between two or more interdependent groups, leveraging network effects and data to scale efficiently.
Net Revenue Retention
Growth & RevenueA metric measuring the percentage of recurring revenue retained from existing customers over a period, including expansion revenue and accounting for churn and contraction.
Digital Venturing
Innovation & VenturesCreating new digital businesses or ventures within or alongside an established organisation.
Switching Cost
Corporate StrategyThe costs a consumer incurs when switching from one product, service, or supplier to another.