leverage existing assets

USAGE SUMMARY

The phrase "leverage existing assets" is correct and usable in written English. You can use it in contexts where you want to express utilizing current resources or strengths to achieve a goal. For example, "We plan to leverage existing assets to enhance our market position." Alternative expressions include "utilize current resources" and "capitalize on available assets."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

As News Corp. moves more aggressively to leverage existing assets to build a presence on the Internet, it should continue to build value without spending much cash on its new-media investments.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

The people who are best at leveraging existing assets, whether inside or outside of their company, will be the winners.

Forbes

And in doing so, it is also leveraging existing assets in areas like WiFi, broadband and TV in the process.

TechCrunch

It is about leveraging existing resources to say "What else can this do for us?" Here are two examples of nonprofits that changed their approach by leveraging existing assets to get more bang (impact) for their buck.

Huffington Post

It also puts stress on the potential for escalating revenues in the cloud, machine-to-machine, and mobile financial services where networks can leverage their existing assets.

TechCrunch

The smartest approach will always leverage your existing assets and strengths.

Huffington Post

Phineas Baxandall, an expert on infrastructure privatization at U.S. PIRG, a federation of public-interest groups, says the bill would help slow a dangerous trend in which states and cities leverage their existing assets in short-sighted deals.

Huffington Post

As clients drive their digital transformation, they are seeking the innovation and business value from new applications while leveraging their existing assets and processes," said Ross A. Mauri, general manager, IBM z Systems, in a statement.

TechCrunch

And, just as with the money Europe hopes to get from private investors to help recapitalize its banks, it also remains unclear if Europe will be able to entice Asian and Middle East investors to put money into investments that would be linked to the bailout fund, and allow it to leverage up its existing assets.

The New York Times

Leveraging both companies' existing assets and expertise, we will be the only company able to offer a fully-integrated, nationwide bundle of in- and out-of-home video, broadband and voice services to meet rapidly evolving customer preferences.

TechCrunch

Meanwhile, gaming will initially leverage existing Microsoft assets like Minecraft, Solitaire, Mah Jongg and others.

TechCrunch

Expert writing Tips

Best practice

When describing strategic initiatives, use "leverage existing assets" to highlight the efficient use of current resources rather than acquiring new ones. This conveys a message of fiscal responsibility and strategic optimization.

Common error

Avoid simply stating that you will "leverage existing assets" without providing specific examples of how these assets will be used or what benefits will be derived. Back up your statement with concrete plans and measurable outcomes.

Linguistic Context

The phrase "leverage existing assets" functions as a verb phrase where "leverage" acts as a transitive verb, taking "existing assets" as its direct object. It implies the action of utilizing current resources for a specific purpose. According to Ludwig AI, this phrase is deemed correct and usable.

Expression frequency: Common

Frequent in

News & Media

45%

Formal & Business

30%

Science

25%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "leverage existing assets" is a grammatically sound and frequently used phrase that emphasizes the strategic utilization of current resources. As Ludwig AI confirms, the phrase is correct and usable in a wide range of contexts. It is commonly found in news, business, and scientific sources, conveying an intent to optimize resources and achieve specific goals. When using this phrase, ensure you provide concrete examples to support your claims and demonstrate the practical benefits of your strategy. Alternatives such as "capitalize on current resources" or "utilize existing resources" can be used to add variety to your writing while maintaining clarity and precision.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

capitalize on current resources

This alternative focuses on exploiting available resources for benefit.

utilize existing resources

This option emphasizes practical use of available resources.

exploit current strengths

This phrase suggests taking full advantage of present capabilities.

maximize current capabilities

This alternative emphasizes enhancing the use of present abilities.

build on existing infrastructure

This option suggests expanding from current structures and systems.

make the most of available resources

This implies using available resources to their fullest potential.

draw on current strengths

Suggests using existing strengths as a source of power or advantage.

harness current capabilities

This implies controlling and directing existing capabilities effectively.

optimise existing resources

Focuses on improving the efficiency of current resources.

take advantage of existing infrastructure

This highlights using existing infrastructure for a specific purpose.

FAQs

How can I effectively "leverage existing assets" in a business strategy?

To effectively "leverage existing assets", identify underutilized resources within your organization and find innovative ways to apply them to new projects or markets. This could involve repurposing technology, retraining staff, or expanding the use of existing facilities.

What are some alternatives to saying "leverage existing assets"?

You can use alternatives like "capitalize on current resources", "utilize existing resources", or "exploit current strengths" depending on the specific context.

Why is it important to "leverage existing assets" instead of acquiring new ones?

"Leveraging existing assets" can save costs, reduce risk, and improve efficiency by making the most of resources already available. It demonstrates strategic thinking and resourcefulness, which are valuable in any business environment.

In what contexts is it most appropriate to use the phrase "leverage existing assets"?

The phrase "leverage existing assets" is appropriate in business plans, strategic reports, and presentations where you need to communicate the efficient use of resources to achieve specific goals. It's also relevant in discussions about innovation and process improvement.