The current state of things or existing state.
The Innovation Value Chain is a model outlining the sequential steps from idea generation to diffusion, driving value through innovation.
Resistance to change is a phenomenon when individuals, teams, or organizations oppose changes within their environment.
Acronym for substitute, combine, adapt, modify, put to another use, elaborate, reverse. A brainstorming technique using action verbs.
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.