Overview
The measurement framework for evaluating the financial returns of AI and automation investments, considering cost savings, productivity gains, error reduction, and revenue impact.
More in Business & Strategy
Network Effect
Growth & RevenueThe phenomenon where a product or service becomes more valuable as more people use it.
Switching Cost
Corporate StrategyThe costs a consumer incurs when switching from one product, service, or supplier to another.
Business Case
Operations & ModelsA justification for a proposed project or undertaking based on its expected commercial benefit.
Value Chain
Growth & RevenueThe full range of activities a company performs to bring a product from conception to delivery and beyond.
Open Innovation
Innovation & VenturesA business model where organisations use external ideas and paths to market alongside internal capabilities.
Disruptive Innovation
Corporate StrategyInnovation that creates a new market and value network, eventually disrupting existing markets and displacing established firms.
Market Segmentation
Growth & RevenueDividing a market into distinct groups of consumers with similar needs, characteristics, or behaviours.
Sustainability Strategy
Operations & ModelsA plan integrating environmental, social, and economic considerations into core business operations.