pipeline

Vocabulary Word

Definition

A 'pipeline' is typically a series of processes, stages, or projects. Like a real pipe that carries oil, a pipeline in the business or tech world 'carries' work from one step to the next.

Examples in Different Contexts

In sales, a 'pipeline' represents potential sales or deals in various stages of completion. A sales manager might state, 'Our sales pipeline looks robust for the next quarter, promising healthy growth.'

Practice Scenarios

Business

Scenario:

We need to strategize how to increase our deal conversions. Our process from prospecting to closing seems to need improvement.

Response:

Yes, we need a strategic sales pipeline improvement to increase our deal conversions.

Academics

Scenario:

Our students' college admission rates are less than ideal. We should strengthen the process from college preparatory classes to university acceptance.

Response:

Yes, improving our college preparatory pipeline could significantly increase student success.