Game Changer


DEFINITION of 'Game Changer'

1. A person who is a visionary.

2. A company that alters its business strategy and conceives an entirely new business plan. This type of company switches up and forms a new business strategy in order to compete directly or indirectly with competitors. A game changer changes the way that something is done, thought about or made.

BREAKING DOWN 'Game Changer'

1. A game changer has new and different ideas that stand out from the crowd. This person has an idea that completely changes the way a situation develops. Companies employ this tactic to create ideas or events that change the outcome of a plan.
2. A visionary strategist uses creative innovation to alter their business plans, or conceives an entirely new plan by exploring new locations and different products.

  1. Perfect Competition

    A market structure in which the following five criteria are met: ...
  2. Rate Of Adoption

    The number of members of a society who start using a new technology ...
  3. Destructive Creation

    When innovation leads to destruction. Destructive creation was ...
  4. Research And Development - R&D

    Investigative activities that a business chooses to conduct with ...
  5. Marketing

    The activities of a company associated with buying and selling ...
  6. Return On Innovation Investment

    A performance measure used to evaluate the effectiveness of a ...
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