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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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undergoing
redesign,
organizations
reforming
strategy
or
operations,
and
brands
reinterpreting
cultural
or
design
traditions.
Reinvention
often
implies
a
fundamental
change
in
orientation,
capabilities,
or
identity
rather
than
simple
improvement.
and
articulating
a
clear
vision.
Teams
then
pursue
iterative
development,
prototyping,
testing,
and
learning
from
feedback,
while
managing
change
within
the
organization.
Strategies
may
include
adopting
new
business
models,
embracing
digital
technologies,
forming
partnerships,
or
cultivating
new
cultures
and
capabilities.
Reinvention
is
distinct
from
incremental
enhancement,
as
it
seeks
a
meaningful
shift
in
value
or
direction.
are
misaligned
with
market
needs.
Successful
reinvention
requires
credible
rationale,
disciplined
execution,
and
ongoing
measurement.
Critics
note
that
not
every
situation
benefits
from
radical
change,
and
in
some
cases
careful
evolution
is
preferable
to
a
full
reinvention.
across
hardware
and
software
eras,
and
LEGO’s
strategic
repositioning
toward
themed
sets,
licensing,
and
digital
play.