Lighthouse Project

Venture Capital

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

Innovation Management

The systematic process of managing an organisation's innovation procedure from ideation to implementation.

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.

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.

A plan integrating environmental, social, and economic considerations into core business operations.

A justification for a proposed project or undertaking based on its expected commercial benefit.

The phenomenon where a product or service becomes more valuable as more people use it.

A plan of action designed to achieve a long-term or overall aim, involving resource allocation and competitive positioning.

A condition or circumstance that puts a company in a superior business position relative to competitors.

An outsourcing arrangement where a service provider assumes responsibility for the ongoing management, operation, and optimisation of defined business or technology functions.

The total revenue a business can expect from a single customer account throughout their relationship.

The measurement framework for evaluating the financial returns of AI and automation investments, considering cost savings, productivity gains, error reduction, and revenue impact.