Function within an organization or team that is responsible for delivering supplier performance improvements and value.
Feasibility: The practicality and viability of a proposed idea or solution to be successfully implemented.
Loss aversion is the irrational tendency for humans to avoid losses at all costs. For example, we feel more pain from losing $100 than we do from gaining $100.
Inertia: A tendency to do nothing or remain unchanged, often hindering innovation and adaptability in business contexts.
Learn about nominal group technique (NGT), a group problem-solving approach that involves generating solutions, ranking them, and selecting the most favored one.
Service innovation is the process of constantly improving existing services or creating new ones. It focuses on identifying customer needs and creating a user-friendly, sustainable, and meaningful experience.
Shark Tank-style pitching competitions aren't just for TV, they're inside organizations too. Increasingly companies are realizing the value of conducting internal shark tank events to incentivize and fund business proposals that show promise. Brightidea Pitch is an app specifically designed to manage an internal shark tank, enabling entrepreneurs to easily pitch new business ideas for their own executives to evaluate and grant budget for further development.
These top ideation and brainstorming templates from Miro can be used with your team remotely or in the same room.