Pivot gone bad
Polish translation: niepomyślna reorientacja modelu biznesowego/strategii firmowej
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| 10:32 Feb 25, 2017 |
| English to Polish translations [PRO] Marketing - Other | |||||
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|  Selected response from: Frank Szmulowicz, Ph. D. United States Local time: 03:16 | ||||
Grading comment
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| Summary of answers provided | ||||
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| 3 +1 | nieudany zwrot, przeorientowanie (kierunku działania firmy) |
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| 3 | niepomyślna reorientacja modelu biznesowego/strategii firmowej |
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| Summary of reference entries provided | |||
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| Pivot gone bad |
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| Discussion entries: 1 | |
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Answers
37 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1| pivot gone bad nieudany zwrot, przeorientowanie (kierunku działania firmy) Explanation: pivot Turn on or as if on a pivot. ‘he swung round, pivoting on his heel’ https://en.oxforddictionaries.com/definition/pivot What 'Pivot' Really Means We hear about pivots all the time. But what separates the great ones from the disasters? By Alan Spoon General Partner, Polaris Venture Partners “Pivoting” is a familiar word in the startup world. When your first business model isn’t working (and this happens more often than not), the CEO and team pivot to plan B. These are deep breath moments! But pivoting doesn’t necessarily mean desperation. It can be a tool to discover additional growth--growth you might otherwise have overlooked. Businesses can grow beyond their initial dreams by re-imagining their assets and talents, thinking more broadly about the customer problems they solve, and accessing growth capital to seize the new high ground. http://www.inc.com/alan-spoon/what-pivot-really-means.html |
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1 hr confidence:
| pivot gone bad niepomyślna reorientacja modelu biznesowego/strategii firmowej Explanation: Model biznesowy – przyjęta przez firmę długookresowa metoda na powiększenie i wykorzystanie zasobów w celu przedstawienia klientom oferty przewyższającej ofertę konkurencji, przy jednoczesnym zapewnieniu organizacji dochodowości. Dobry model biznesowy ma na celu uzyskanie, a w późniejszym etapie utrzymanie, przewagi konkurencyjnej. https://pl.wikipedia.org/wiki/Model_biznesowy |
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Reference comments
13 hrs |
| Reference: Pivot gone bad Reference information: What is the success ratio of startups in India and in the World? by Hrishikesh Kamat, CEO, Shalaka Technologies. Only 10% of the new products success in gaining a market For a first-timer the success rate is as low as 8% in the market [all technologies and spaces combined]. The repeat player, has a slight better chance of 15–18% provided things are learnt from previous failures. [cut] Lost Focus - Changing visions and ideas can make founders too self absorbed , causing them to lose focus on the market and product. And the idea behind everything . Disharmony on Team/Investors - Ignoring investor demands or yielding to much to them can hurt the company. Same is true for tension between co-founders. Pivot gone bad - If pivoting is not done carefully and not done on enough supporting data, it can irreversibly lead the company in the wrong direction. Lack of Passion - If founders are interested in the product merely for profit and not because they believe in the idea, they can quickly lose interest. Bad Location - Being in a location brimming with talent and ideas can help founders see their startup through. The right place will also have the audience most likely to use these startups product. https://www.quora.com/What-is-the-success-ratio-of-startups-... ==== I have emailed the author with the question regarding pivoting,asking what did he have in mind?, "pivot" like in spreadsheet, or like a shift in the firm's direction? This is the answer I've got: Hi geopiet The reference was in with respect to a firm’s direction. Thanks and Regards, Hrishikesh Kamat Chief Executive Officer Shalaka Technologies Pvt Ltd Cell: +91-98220-99058 Web: www.shalaka.com === |
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