What's the word ?
The process of discussing terms with others to reach a mutual agreement.
Negotiation
To make contact or check in.
"Touch base"
A measure used to evaluate the efficiency or profitability of an investment.
ROI (Return on Investment)
In agreement.
"On the same page"
Transactions directly between a company and consumers who are the end-users of its products or services.
B2C (Business-to-Consumer)
Using something to maximum advantage, especially a resource or quality.
Leverage
To think creatively, beyond the usual.
"Think outside the box"
An individual or group with an interest or concern in something, especially a business.
Stakeholder
A strategy or plan.
Game plan
A risk management strategy that mixes a wide variety of investments within a portfolio.
Diversification
Comparing business processes and performance metrics to industry bests and best practices from other companies.
Benchmarking
An approximate number
"Ballpark figure"
The interaction or cooperation of two or more organizations, substances, or other agents to produce a combined effect greater than the sum of their separate effects.
Synergy
Easy targets or goals.
"Low-hanging fruit"
The process of becoming stronger and more confident, especially in controlling one's life and claiming one's rights.
Empowerment
The business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's own employees.
Outsourcing
To make a noticeable difference or improvement.
"Move the needle"
A measurable value that demonstrates how effectively a company is achieving key business objectives.
KPI (Key Performance Indicator)
An in-depth examination
"Deep dive"
The process of making predictions of the future based on past and present data and analysis of trends.
Forecasting
An investigation, audit, or review performed to confirm the facts of a matter under consideration.
Due diligence
A situation where everyone benefits.
Win-win situation
The capability of a system, network, or process to handle a growing amount of work, or its potential to be enlarged to accommodate that growth.
Scalability
To start over after a failed attempt.
Back to the drawing board
The ability to be maintained at a certain rate or level, especially without causing damage to the environment or depleting resources.
Sustainability