draw-on

Vocabulary Word

Definition
To 'draw on' is to utilize or call upon a resource, or to fall back on your experience, knowledge, or skills. Like 'drawing on' your strudies during a quiz.
Examples in Different Contexts
In business, 'draw on' is about using past experiences for decision-making. A CEO might say, 'We need to draw on our previous successes to navigate this challenge.'
Practice Scenarios
Business

Scenario:

Our current financial situation seems a bit precarious. What resources can we tap into to steer us through?

Response:

Perhaps we could draw on our contingency fund to sustain us for the next few months.

Leadership

Scenario:

We have a difficult decision to make regarding the team structure. What models or experiences could guide us?

Response:

In my previous role, we faced a similar challenge. I'll draw on that experience to figure out the best course of action.

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