The current state of things or existing state.
The Stage Gate Model is a process for managing product innovation and development. It is used in large organizations that emphasizes structure and discipline. It outlines a structured approach for successful project management and decision-making.
An innovation portfolio is a structured collection of projects and initiatives that an organization pursues to drive innovation.
Corporate Venture refers to a company's direct investment in external startups to drive innovation and strategic growth.
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.
