business model | The way in which an enterprise intends to make money.
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cognitive schema | A manager's mental model of the world his or her enterprise inhabits.
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disruptive technology | A new technology that gets its start away from the mainstream of a market and then, as its functionality improves, invades the main market.
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heavyweight product manager | A manager who has high status within an organization and the power and authority required to get the financial and human resources that his or her team needs to succeed.
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incremental innovations | Innovations that represent improvements in product functionality within an established technology.
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organizational inertia | Internal and external forces that make it difficult to change the strategy or organization architecture of an enterprise.
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paradigm shift | Occurs when a new technology or business model comes along that dramatically alters the nature of demand and competition.
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punctuated equilibrium | A view of industry evolution asserting that long periods of equilibrium are punctuated by periods of rapid change when industry structure is revolutionized by innovation.
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quantum innovations | Innovations that incorporate new technology and disrupt competition, shifting the dominant paradigm.
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strategic commitments | A firm's investments in tangible and intangible assets to support a particular way of doing business (a particular business model).
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