Inertia: A tendency to do nothing or remain unchanged, often hindering innovation and adaptability in business contexts.
A strategic planning tool used to give depth and coherent understanding of different aspects of a system or plan. They are usually presented as grid or table-based. Visual tools for strategic planning include menus, value chain, PESTLE analysis, SWOT analysis, the Business Model Canvas, and the Balanced Scorecard.
High risk refers to the potential for significant loss or failure in pursuit of innovation or business objectives.
Customization: Tailoring products or services to meet individual customer preferences or requirements.
