Pivotable Meaning: Definition, Examples, and Translations
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pivotable
[ˈpɪvətəbl ]
Definition
business strategy
Pivotable refers to something that can be adjusted or changed direction based on new information or circumstances. In a business context, it often describes a company's ability to shift its strategy or focus in response to market demands or challenges.
Synonyms
adaptable, changeable, flexible.
Examples of usage
- The startup's pivotable strategy allowed it to adapt quickly to customer feedback.
- Investors prefer pivotable companies that can navigate market fluctuations.
- Our pivotable approach helped us stay relevant in a competitive industry.
Translations
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Interesting Facts
Technology
- In computer programming, the term 'pivot' can refer to the pivot table feature in software like Excel, allowing users to summarize large data sets efficiently.
- In the realm of agile project management, 'pivoting' means changing course based on new information, making organizations adaptable.
- Startups often use the term 'pivot' to describe a major shift in business strategy to better meet market demands.
Sports
- In basketball, players use a pivot step to keep one foot planted while moving the other to create better shooting or passing angles.
- In dance, 'pivot turns' allow dancers to change directions smoothly, highlighting the importance of balance and control.
- Martial arts practitioners pivot to dodge attacks and create openings for counterattacks, showcasing the agility of this technique.
Psychology
- The ability to pivot mentally is critical in problem-solving, allowing people to adapt their strategies when faced with new challenges.
- Cognitive flexibility, or the capacity to shift thinking in response to changing situations, is essential for effective decision-making.
- Researchers emphasize that a person's ability to pivot can impact resilience, helping them cope with stress and adversity.
Business
- In business contexts, 'pivoting' has gained popularity as a strategic move to adapt to market trends or consumer needs.
- Companies often pivot by altering their products, services, or target audiences to achieve better business outcomes.
- The rapid technology changes in the modern marketplace compel many businesses to be pivotable to maintain competitiveness.
Origin of 'pivotable'
Main points about word origin
- The word 'pivot' comes from the Middle French word 'pivot,' meaning 'a small pin or shaft on which something turns.'
- The suffix '-able' indicates that something can be done, so 'pivotable' literally means 'able to pivot.'
- The concept of pivoting is often used in mathematics and physics to describe rotational movement.
The term 'pivotable' is derived from the word 'pivot', which has its roots in the Middle French word 'pivot', meaning 'a pin or a pivot for a revolving object.' In modern usage, 'pivot' has evolved to describe the act of changing direction, particularly in business and innovation contexts. The addition of the suffix '-able' suggests that something is capable of being pivoted or altered. The concept gained popularity in the tech and startup sectors during the early 21st century as companies sought to remain competitive by being willing to shift their strategies in response to new information or market conditions. The rise of agile methodologies in business has further solidified the importance of a pivotable mindset.