Corporate jargon Flashcards
Impact
is a phrase used to describe an important revelation.
Robust
Describes a company’s product or service that has a lot of functionality and beneficial uses for its consumers.
Punt
“Punting” something in the world of business is to abandon an idea or project that is no longer important, or at the very least, make it less of a priority.
Leverage
Refers to the manipulation or control of a situation or project.
“We need to find some leverage in this business deal” or “I’m leveraging our sales team to help us out.”
Over the wall
refers to sending important information to a client or customer.
Bleeding edge
is used to define an innovative product or service.
Lots of moving parts
to describe a system or business with a lot of departments, employees and processes.
Make hay
to describe an opportunity to be productive during working hours.
Core competency
Refers to a company’s or individual’s main skill or area of expertise.
Low-hanging fruit
Refers to a simple project or new idea that could produce immediate and beneficial results.
Jump the shark
refers to when a company or product struggles to stay relevant to the public or its consumers and clients.
Thought shower
interchangeable with “brainstorming.”
Drill down
to uncover the important details that are most beneficial to the company’s future endeavors.
Key takeaways
are major points or areas of interest that are important to remember from a presentation or meeting.
Gain traction
t’s referring to an idea or company project becoming more effective or popular
Aha moment
is a phrase used to describe an important revelation
In the loop
is the act of being given important information or knowledge on a particular subject.
Silver bullet
is a simple and effective solution to a problem or challenge.
Empower
To “empower” someone is to make them feel capable or to give them a certain amount of authority.
Blue sky thinking
Used to describe extremely creative problem-solving and innovative new ideas. The 350 hand-picked delegates can expect big ideas and blue-sky thinking.
Times, Sunday Times
(2008)
Trim the fat
Is the act of removing unnecessary details, resources or individuals from a company or project.
Hard stop
“We have a hard stop for this meeting at 3:30 today, so we can get to our next meeting on time.”
Move the needle
refers to getting effective results from a project or assignment that are meaningful to a company’s or business’s overall goals. The sheer size and scope of many businesses mean they can have a huge impact, and shifts in corporate settings can quickly move the needle on social and environmental issues
Knee deep
“We’re knee-deep in customer complaints right now for stalling our latest product release.”
Reinvent the wheel
To waste a great deal of time or effort in creating something that already exists.
“he spoke with the fervour of discovery, unaware that he was reinventing the wheel”
Table the conversation
When a work discussion is getting heated or not making any progress, the suggestion to ‘table this conversation’ can be made. It means to postpone the discussion to a later date, perhaps even to forget it.
