flywheel

Vocabulary Word

Definition

'Flywheel' refers to a heavy rotating wheel used to store and smoothly release energy over time. This concept of a flywheel is also used to symbolize the gradual increase in momentum or impact in businesses, projects or studies.

Examples in Different Contexts

Implementing flywheel technology in renewable energy systems can contribute significantly to grid stability and the reduction of energy waste.

Practice Scenarios

Creative

Scenario:

The success of our latest campaign has caught a lot of attention. It seems to be inspiring more businesses to connect with us.

Response:

Right! This recent success is working like a flywheel, attracting new businesses and retaining our existing client base.

Business

Scenario:

Ever since we prioritized customer satisfaction, we've seen a massive growth. There's something to be said about putting the customer first.

Response:

Exactly! Our efforts in improving customer service have acted as a flywheel. It's driving us towards more success in business.