Innovation Management

Venture Capital

Financing provided to early-stage, high-potential startup companies in exchange for equity ownership.

Open Innovation

A business model where organisations use external ideas and paths to market alongside internal capabilities.

Digital Venturing

Creating new digital businesses or ventures within or alongside an established organisation.

Corporate Innovation Lab

A dedicated unit within a corporation focused on exploring and developing new technologies and business models.

Intrapreneurship

The practice of entrepreneurial behaviour within an established organisation to drive innovation.

Venture Building

The systematic creation of new businesses from scratch within a corporate or studio environment, providing capital, talent, infrastructure, and strategic guidance from inception.

Corporate Venture Capital

Investment of corporate funds directly into external startup companies to gain strategic benefits such as access to innovation, market intelligence, and potential acquisitions.

Lighthouse Project

A high-visibility pilot initiative designed to demonstrate the value of a new technology or approach, building organisational confidence and momentum for broader adoption.

Build vs Buy Analysis

A strategic decision framework for evaluating whether to develop technology capabilities internally or procure them from external vendors, weighing cost, time, differentiation, and risk.

The way an organisation delivers value, encompassing people, processes, technology, and governance structures.

A unique capability or advantage that distinguishes a company from its competitors and creates sustainable value.

A sales strategy where a vendor establishes an initial foothold with a small deployment and systematically grows the account through demonstrated value and expanded use cases.

A framework for analysing competitive forces in an industry: rivalry, new entrants, substitutes, buyer power, and supplier power.

The strategic upgrading of an organisation's technology infrastructure from legacy systems to modern architectures, enabling agility, scalability, and integration with AI capabilities.

A strategic planning tool evaluating Strengths, Weaknesses, Opportunities, and Threats facing an organisation.

The organisational framework of policies, roles, processes, and oversight mechanisms that ensure AI systems are developed and deployed ethically, safely, and in compliance with regulations.

The strategy a company uses to generate income from its products or services.