Instead of focusing on trying to document all requirements upfront and delivering the complete software solution at the end of the project (as in waterfall), agile premiers working software over comprehensive documentation. This is done by delivering software in small batches often at the end of weekly or biweekly "sprints". There are dif [..]

Blue ocean strategy

A business model describes how a company or organisation creates, delivers and captures value. The Business Model Canvas

Creativity is the stimulating use of one's imagination to take on a challenge in an effort to create something new that is of value to the creator. As such, creativity is different from innovation in that creative ideas must not be new to the world. It is enough if they are new to the creator.

Design thinking is about creating new and innovative avenues for growth that are grounded in business viability, market desirability and technical feasibility. The video shows IBMs take on Design Thinking and how they combine it with Agile.

Disruptive innovation

An entrepreneur is someone who takes an idea to market and is prepared to assume the risks of doing so. Entrepreneurship is about doing, and is equally applicable in for-profit as it is in non-for-profit ventures.

Ideation is the structured process to generate a lot of ideas, preferably in a relatively short time frame. There are many different ideation techniques, e.g., brainstorming and empathy maps. There are also several idea management software solutions available to support the ideation process, e.g. i2i WIDE, Brightidea and Hype.

An innovation occurs when a product or service is introduced in the market that previously did not exist and that the market deem valuable, i.e. innovation = new customer value.

An innovator is an inventor who has had one or more of his/her inventions successfully introduced in the market. Often inventors don't wish to be entrepreneurs. In fact, a recent study by the Stockholm Innovator's Circle, showed that two-thirds of it's members didn't want to be entrepreneurs.