Asked by Miriam Chithra on Jun 01, 2024
Verified
Explain how the ability to pivot can avoid a "big failure."
Big Failure
A significant setback or loss that negatively impacts an individual, project, or company.
Ability to Pivot
The capacity of a business or individual to quickly adapt and change direction in response to new opportunities or challenges.
- Explain the importance of the ability to pivot to prevent significant failures.
Verified Answer
ZK
Zybrea KnightJun 06, 2024
Final Answer :
Small failures are unavoidable.Being able to change strategies in reaction to challenges helps prevent a mistake from building into a longer process that would lead to failure.Pivoting and adapting to change allows us to learn faster and view change as an opportunity to better products or services.Pivoting is an entrepreneurial skill,helping us to persevere toward success.As a habit,it will prevent us from quitting too early and helps the business get back on track.
Learning Objectives
- Explain the importance of the ability to pivot to prevent significant failures.
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