You’ve probably heard of the title Chief Information Officer, or CIO for short. But do you also know what role they play in your company? What is a CIO? According to abbreviationfinder, the Chief Information Officer (CIO) is the company’s top IT manager. The following roles therefore bear this title: IT manager, IT manager, IT…
Category: Business
VC – Venture Capital
What is Venture Capital (VC)? According to Abbreviationfinder.org, Venture Capital (VC) is a type of investment fund focused on growth capital for medium-sized companies that already have a client portfolio and revenue, but that still need to make a leap in growth. It is different from Private Equity (PE) with regard to the stage of…
Meaning of SWOT
1. The core of the SWOT analysis The SWOT analysis was developed at the Harvard Business School and is an important part of corporate planning, a distinction is made between internal and external analysis. According to Abbreviationfinder, the internal analysis shows where the strengths and weaknesses of our company lie, the external one, which opportunities…
Meaning of BCG Matrix
What is the BCG Matrix? According to Abbreviationfinder, the BCG matrix developed by the Boston Consulting Group is a portfolio analysis tool. It is used to evaluate strategic business units with regard to their “cash generation” (operationalized as relative market share ) and their “cash use” (operationalized as percentage market growth). There are four categories…
Meaning of USP
What is a USP? According to Abbreviationfinder, USP means unique selling proposition or unique selling point. What is meant is a unique selling point of a product or a company that ONLY has this product or company and the competition does not. What do you need a USP for? The USP communicated as part of…
Meaning of KPI
What are KPIs? According to Abbreviationfinder, KPI stands for Key Performance Indicator and describes key figures that evaluate the effectiveness of a company’s activities. KPIs are key influencing factors (critical success factors) and are indicators that can be used to evaluate the performance of measures . KPIs can be used in different areas and departments…