Glossary Terms

Simulated Annealing

An optimisation technique that explores candidate solutions while gradually reducing the willingness to accept worse results. It can support complex search problems, with outcomes assessed against constraints and alternatives.

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Softmax

A mathematical function that converts a set of scores into values that sum to one, often used in classification models. Those values are not automatically well-calibrated estimates of real-world probability.

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Strategic Drift

A growing mismatch between an organisation’s strategy and changes in its environment. Regularly review customer needs, capabilities and assumptions so established ways of working do not persist without evidence.

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Strategic Planning

Clarifying priorities, evaluating options and deciding how resources will support future objectives. A useful plan connects actions to outcomes, states assumptions and establishes review points for new evidence.

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Strategic Renewal

Updating an organisation’s direction or capabilities in response to changing conditions or evidence. The change should address a business need rather than introduce new technology as an objective in itself.

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Strategic Resilience

The capacity to continue pursuing meaningful objectives while adapting to disruption. Assess dependencies, alternatives, capability and decision processes rather than assuming a single system can eliminate uncertainty.

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