Vocabulary for Navigating Change Flashcards
(8 cards)
What does it mean to pivot towards something?
Change direction or strategy significantly.
Example: They pivoted towards online retail after foot traffic dropped post-pandemic.
What does it mean to shift gears?
Change your approach or strategy, often abruptly.
Example: Midway through the budgeting cycle, we had to shift gears due to a surprise regulatory update.
What are you doing if you ‘phase something in’?
Introduce something gradually.
Example: We’re phasing in a new internal control system over the next two quarters.
What does it mean to scale back?
Reduce in size, scope, or intensity.
Example: Due to funding constraints, the expansion plan had to be scaled back.
What does it mean to get to grips with something?
Start to understand or deal with something difficult.
Example: The team is still getting to grips with the updated CRM platform.
What does it mean to opt out of something?
Choose not to participate or be involved.
Example: Clients can opt out of promotional emails at any time.
What does it mean to take it in stride?
Handle a challenge or difficulty calmly.
Example: Despite the tight deadlines, the finance team took it in stride and delivered on time.
What does it mean to be in flux?
Be constantly changing or uncertain.
Example: Revenue projections are in flux as we reassess the impact of inflation.