- Black SwanA Black Swan is Nassim Nicholas Taleb’s* term for an event that meets three characteristics:
- it happens rarely (perhaps it has never been observed before)
- it has an extreme impact, which can be positive or negative in consequence
- it is not predictable but in retrospect is easily(...)
- Business CaseDocument created for ideas/concepts entering the Business Case Stage/Phase. The Business Case is more than just an ROI/NPV, it also includes thorough market, technical, manufacturing, financial, risk, and legal assessments. Read More
- Business Case PhaseThis stage is intended to flesh out the product concept into a winning product definition, and to develop a sound basis for taking the project into the development stage. The major activities during this stage include a cross-functional team working together in building a robust business case.(...) Read More
- Business ModelExplains who your customers are and how you plan to make money by providing your customers with value, as opposed to the Business/Competitive Strategy, which explains how you will beat competitors by being different. The Business Model defines Who, What, Where and How: Who are you serving,(...) Read More