by Farris Jornales | May 15, 2023
Refers to the combined or multiplied effect of two or more entities working together to achieve a common goal, where the result is greater than the sum of the parts. Synergy occurs when different elements of a business, such as departments, teams, or individuals,...
by Farris Jornales | May 15, 2023
SWOT is an acronym that refers to a form of analysis that examines your: Strengths, Weaknesses, Opportunities, Threats https://getsling.com/blog/business-terms/ An acronym that stands for Strengths, Weaknesses, Opportunities, and Threats. It is a strategic planning...
by Farris Jornales | May 15, 2023
Refers to a visual representation of a workflow or process that shows the different steps or activities involved, as well as the people, departments, or systems responsible for each step. Swimlanes are typically organized into horizontal or vertical lanes, with each...
by Farris Jornales | May 15, 2023
Refers to a transaction or agreement between two parties that is heavily biased in favor of one of the parties, often at the expense of the other. Sweetheart deals may involve financial arrangements that provide one party with a disproportionate amount of profit or...
by Farris Jornales | May 15, 2023
A plan or approach developed by a company to ensure its continued existence in the face of adverse circumstances or challenging conditions. Survival strategies are typically implemented in response to external factors that threaten a company’s viability, such as...
