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What is a Paradigm?

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A paradigm is a pattern or model that's considered a fundamental concept in a field. Business initiatives typically follow a set of paradigms. For example, a meeting can be considered a paradigm for social collaboration.
In the 1970s, the term paradigm shift became a common business buzzword that was roughly equivalent to the term innovation today. A paradigm shift is a fundamental change to a paradigm rather than a minor improvement. For example, streaming music was considered a paradigm shift for the music industry.
Overview: Paradigm
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Definition
A model or pattern that is considered a fundamental concept.
Value
A paradigm is a model for business that's widely considered an effective approach.
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