Pivoting: meaning, definitions and examples

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pivoting

 

[หˆpษชvษชtษชล‹ ]

Definitions

Context #1 | Verb

business strategy

Pivoting is a business strategy that involves a fundamental shift in the direction of a company. This may occur when a business realizes that its original product or market is unsustainable or no longer viable. By pivoting, a company aims to adapt to changing market conditions, customer preferences, or competitive pressures. This strategy can involve changes to the company's product, target audience, or overall business model. Pivoting is often used by startups to find a more profitable and sustainable approach to their operations.

Synonyms

change, redirect, shift.

Examples of usage

  • The startup is pivoting from a B2C model to a B2B service.
  • After analyzing customer feedback, they decided it's time for a pivot.
  • The company has pivoted its focus to online sales.
  • Investors encouraged the team to consider a pivot in their strategy.
Context #2 | Noun

sports move

In sports, pivoting refers to a specific move where a player maintains a fixed position while shifting their weight or turning. This technique is commonly used in basketball, soccer, and other sports to evade defenders or change direction quickly. Pivoting allows for greater mobility and can create space for offensive plays. Proper execution of a pivot requires balance, speed, and awareness of the surrounding players.

Synonyms

rotate, shift, turn.

Examples of usage

  • She made a quick pivot to avoid the opponent.
  • Pivoting is crucial for maintaining control during the game.
  • His pivot created an opening for a clear shot.
  • The coach emphasized the importance of pivoting in practice.

Interesting Facts

Etymology

  • The word 'pivot' comes from the Latin word 'pivotalis', meaning 'to turn'.
  • Originally, 'pivot' referred to a small rod or pin on which something turns or balances.
  • The use of 'pivot' in a figurative sense can be traced back to the late 19th century.

Business

  • In the startup world, 'pivoting' refers to shifting the business model to adapt to market demands.
  • Successful pivots can lead to major breakthroughs; Instagram started as a check-in app before focusing on photo sharing.
  • Famous companies like Netflix have pivoted from DVD rentals to streaming services, revolutionizing how we consume media.

Sports

  • In basketball, pivoting helps players create space and dodge defenders without leaving their position.
  • The ability to pivot can significantly enhance a player's agility and overall effectiveness on the court.
  • Pivoting techniques in sports can also apply to other games like soccer, where players must quickly change direction.

Psychology

  • Psychologists study the concept of 'cognitive flexibility', which is similar to pivoting in that itโ€™s about adapting thoughts to new information.
  • Being able to pivot in thinking can lead to better problem-solving and creative solutions.
  • Individuals with strong pivoting abilities can often handle stress and unexpected changes more effectively.

Technology

  • In data analytics, 'pivot tables' allow users to reorganize and summarize data dynamically for more insights.
  • Software development often involves pivoting processes to incorporate user feedback and improve products progressively.
  • The rise of cloud computing has enabled faster pivoting in tech startups, allowing for rapid adjustments to service offerings.

Translations

Translations of the word "pivoting" in other languages:

๐Ÿ‡ต๐Ÿ‡น pivotando

๐Ÿ‡ฎ๐Ÿ‡ณ เคชเคฟเคตเคŸเคฟเค‚เค—

๐Ÿ‡ฉ๐Ÿ‡ช Pivotierung

๐Ÿ‡ฎ๐Ÿ‡ฉ pivoting

๐Ÿ‡บ๐Ÿ‡ฆ ะฟะพะฒะพั€ะพั‚

๐Ÿ‡ต๐Ÿ‡ฑ pivotowanie

๐Ÿ‡ฏ๐Ÿ‡ต ใƒ”ใƒœใƒƒใƒˆ

๐Ÿ‡ซ๐Ÿ‡ท pivotement

๐Ÿ‡ช๐Ÿ‡ธ pivotando

๐Ÿ‡น๐Ÿ‡ท pivotlama

๐Ÿ‡ฐ๐Ÿ‡ท ํ”ผ๋ฒ—ํŒ…

๐Ÿ‡ธ๐Ÿ‡ฆ ุชุญูˆูŠู„

๐Ÿ‡จ๐Ÿ‡ฟ pivotovรกnรญ

๐Ÿ‡ธ๐Ÿ‡ฐ pivotovanie

๐Ÿ‡จ๐Ÿ‡ณ ๆžข่ฝด

๐Ÿ‡ธ๐Ÿ‡ฎ pivotiranje

๐Ÿ‡ฎ๐Ÿ‡ธ fletturnar

๐Ÿ‡ฐ๐Ÿ‡ฟ ะฟะธะฒะพั‚ั‚ะฐัƒ

๐Ÿ‡ฌ๐Ÿ‡ช แƒžแƒ˜แƒ•แƒแƒขแƒ˜แƒ แƒ”แƒ‘แƒ

๐Ÿ‡ฆ๐Ÿ‡ฟ pivoting

๐Ÿ‡ฒ๐Ÿ‡ฝ pivotando

Word Frequency Rank

At rank #25,922, this word represents specialized academic or technical vocabulary. It's less frequently encountered but may be valuable in specific contexts.