What is First Principles?

First Principles

First Principles: Fundamental concepts or assumptions used as the foundation for problem-solving, devoid of assumptions or analogies.

Occupational hazards and liabilities can be particularly perilous, even when they are not specifically identified or foreseeable.

The processes and structures that an organization puts in place to manage and control its innovation activities.

A process for developing something (an innovation) whereby the item is developed in small pieces, one small improvement at a time.

Learn about the advantages and disadvantages of being a first mover or a fast follower in innovation strategy.