Tag: Risk Mitigation
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Scratch Your Own Itch
“Scratch your own itch” embodies the idea that personal frustrations can inspire solutions with wider appeal. It suggests that solving one’s own problems can lead to innovations that others value, emphasizing the role of personal insight in identifying and addressing unmet needs.
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Just-in-Time
Originating in Japan, the Just-in-Time (JIT) methodology emphasizes the timely delivery of goods and services. By aligning production with real-time demand and advocating for minimal inventory, JIT promotes efficiency across various sectors.