Terms related to »Innovation«

Design Sprint

A time-constrained, multi-day or week-long process based on design thinking which aims to reduce the risk of bringing a new product, service or feature to the market. [ » read more ]

Design Thinking

Generally speaking, design thinking is a set of procedures and problem-solving behaviors of (industrial) designers and the mindset they bring along with. In today’s business context it often describes a team-based methodology to the creation of user-centric innovation concepts. [ » read more ]

Digital Transformation

A fundamental change in how an organization uses digital technologies to deliver value to its customers and possibly reinvent itself in the process. [ » read more ]

Dual Transformation

Two simultaneous transformations which mutually reinforce each other. Typically one focuses on the core business (Transformation A) and one on new business opportunities at the edges (Transformation B). [ » read more ]