Benchmark
Pronunciation: BENCH-mark
Origin: Originally a surveying term from the 19th century, referring to a reference point.
A benchmark is a
Actionable
Pronunciation: AK-shuh-nuh-buhl
Origin: Derived from the Latin actio, meaning "a doing or performing."
Actionable refers to information or
Mitigate
Pronunciation: MIT-ih-gayt
Origin: From the Latin word mitigare, meaning "to soften" or "to calm."
To mitigate
Value Proposition
Pronunciation: VAL-yoo prop-uh-ZISH-un
Origin: From Latin valere (to be worth) and French proposition (an offer or proposal).
A value proposition
Stakeholder
Pronunciation: STEYK-hohl-der
Origin: A 20th-century term combining "stake," meaning an interest or investment, and "holder," meaning
Paradigm
Pronunciation: PAR-uh-dahym
Origin: From the Greek word paradeigma, meaning "pattern" or "example."
A paradigm refers to
Scalability
Pronunciation: SKEY-luh-bil-i-tee
Origin: From the Latin word scala, meaning "ladder" or "stairway," implying the ability to
Streamline
Pronunciation: STREEM-lahyn
Origin: Coined in the early 20th century, initially used in engineering to describe designs that reduce resistance.
To
Leverage
Pronunciation: LEV-er-ij
Origin: From the French word lever, meaning "to raise."
Leverage in business refers to using resources,
Synergy
Pronunciation: SIN-er-jee
Origin: Derived from the Greek word synergos, meaning "working together."
Synergy is a cornerstone concept in