reinvent
Reinvent is a verb meaning to change something so substantially that it becomes new or different, or to reimagine and reconstruct it. The noun reinvention refers to the act or result of this process. The term derives from re- plus invent, emphasizing renewal or a radical shift rather than minor alteration.
The concept is used across contexts such as individuals adapting careers or lifestyles, products and services
Process and approach typically involve identifying limitations or opportunities, gathering relevant insights from users or markets,
Risks and considerations include high costs, uncertainty, and the potential for alienating existing stakeholders if changes
Examples often cited include Netflix’s shift from DVD rentals to streaming and original content, Nintendo’s adaptability
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