Deliverable
Something tangible you promised to produce… in theory.
Credit Risk
Picture credit risk as the chance of lending money to a friend who might not pay you back. In finance, it refers to the possibility that a borrower may default on a loan or fail to meet financial obligations. Managing credit risk helps lenders protect themselves from potential losses.
Customer Retention
Imagine customer retention as keeping your loyal friends close and ensuring they stick around for future hangouts. It involves strategies and practices aimed at maintaining relationships with existing customers, encouraging them to continue purchasing. Strong customer retention leads to higher loyalty, lower acquisition costs, and long-term business success!
Data Enrichment
Fancy way of saying “data makeover,” where raw data gets transformed to reveal something actually useful.
Demand Generation
The art of convincing people they need what you’re selling, even if they don’t really need it.
Crisis Communication
Crisis communication is like the damage control during a storm. It involves quickly and effectively conveying information to manage a situation, protect a company’s reputation, and reassure stakeholders. The goal is to address the issue transparently, minimize harm, and restore trust as swiftly as possible.
Customer Retention Rate
It measures the percentage of customers who stay with a business over a specific period. A high retention rate indicates strong loyalty and satisfaction, while a low rate suggests it might be time to address concerns and improve customer experience!
Data Governance
The “House Rules” for data: what it can do, who it can hang out with, and how it needs to behave.
Dependency Injection
Forcing things to work together that otherwise wouldn’t—like matchmakers for code.
Critical Chain Method
Imagine the critical chain method as prioritizing the strongest links in a chain to finish a project faster. It’s a project management technique that focuses on identifying key tasks and resource constraints to minimize delays. By managing these critical tasks carefully, projects can stay on track and meet deadlines efficiently.