Employee Suggestion: Internal ideas submitted by staff to enhance company processes, products, or culture.
Disruption: A profound change that alters a market by displacing established norms with novel solutions, often creating new industries.
A company’s capacity to adapt to an evolving market through change, innovation, and learning. A firm's ability to integrate, build, and reconfigure internal and external resources to address rapidly changing environments.
An Innovation Budget is allocated funds for exploring new ideas, products, or processes within a company to drive growth and efficiency.