The current state of things or existing state.
Due Diligence: A thorough assessment of a business or asset pre-transaction to evaluate risks and opportunities.
Consistent Innovation is the ongoing practice of implementing new ideas that create sustained value for a business.
Cross-Functional Teams are teams where people from different departments come together to work on a specific problem.
Today's business focus is often on short-term goals and efficiency, creating a "tyranny of today" that hinders innovative thinking. Companies must balance this with a focus on future opportunities to stay nimble and flexible.