Filtering in innovation: Process of narrowing down ideas based on criteria for potential success and feasibility.
Red Ocean Strategy is a business approach focused on competing in an existing market by trying to outperform the competition. It is innovation in the same space as competitors, in the competitive red ocean full of sharks.
Task prioritization is the process whereby an individual, team or business determines the order in which short, mid and long-term tasks should be completed.
A corporate startup is a venture initiated by a major company to innovate, disrupt, or explore new markets emulating a nimble startup's agility.
