R - Definitions

  • R

    radical innovation

    Radical innovation refers to an invention that represents something new to the world. Radical innovations typically carry more risk, promise greater reward and are more disruptive than incremental innovations, which in general improve upon something that already exists.

  • rainmaker

    A rainmaker, in a business context, is an employee who generates an unusual amount of new business or revenue for a company. The new business or revenue is usually from an unknown or overlooked source, creating the impression that the assets were created through mysterious or magical methods. The reference is to rainmakers of the old west, among other cultures, who were contracted to make it rain in drought-stricken areas.

  • redact

    To redact is to edit, or prepare for publishing.

  • Reddit

    Reddit is a social news website and forum where content is socially curated and promoted by site members through voting.

  • repeatable process

    A repeatable process is a set of actions that allow for a more efficient use of limited resources and reduce unwanted variation during the development and implementation of various projects.

  • request for quotation (RFQ)

    A request for quotation (RFQ) is a document that an organization submits to one or more potential suppliers eliciting quotations for a product or service.

  • reshoring

    Reshoring is the practice of bringing outsourced personnel and services back to the location from which they were originally offshored. 

  • resource allocation

    Resource allocation is the process of assigning and managing assets in a manner that supports an organization's strategic goals.

  • retargeting

    Retargeting is a type of online advertising whereby companies focus on particular audience members for promotions based on users' prior Internet search history or site visits.

  • reverse mentoring

    Championed by former GE CEO Jack Welch, reverse mentoring flip-flops the typical mentoring relationship, with a younger employee acting as the mentor.

  • rightsourcing

    Rightsourcing is selecting the best way to procure a service and deciding whether a company is best served by performing a business requirement in-house (insourcing) or contracting it out to a third-part service provider (outsourcing).  Rightsourcing literally means "choosing the correct source."

  • risk assessment framework (RAF)

    A risk assessment framework (RAF) is a strategy for prioritizing and sharing information about the security risks to an information technology (IT) infrastructure.

  • rogue IT

    Rogue IT is the use of unsanctioned information technology resources within an organization. 

  • ROI (return on investment)

    For a given use of money in an enterprise, the ROI (return on investment) is how much profit or cost saving is realized as a result.

  • Routers: Do you speak geek?

    by Kara GattineAre you a real Know-IT-All? How many of these router-related terms can you guess without peeking? 1. This is network bridge and a router combined in a single product.

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