Business Lingo
(Updated 25 Aug 06)
- Alpha Pup
-- A market research term referring to the "coolest kid in the neighborhood."
As in: "If the alpha pups go for it, we'll sell millions of them."
- Bleeding Edge
-- Beyond cutting edge. So new, its creators aren't entirely sure where it's
headed.
- Business Ecosystems
-- When companies in the same markets work cooperatively and competitively
to introduce innovations, support new products and serve customers.
- Chips and Salsa
-- Refers to computers. Chips = hardware; Salsa= software.
- Co-Evolution
-- A theory that a company can create new business, markets and industries
by working with direct competitors, customers and suppliers.
- Cookie Jar Accounting
-- An accounting practice where a company uses reserves from good years against
losses that might be incurred in bad years.
- Defenestrate
-- A 17th century word, now back in fashion, that means to throw someone or
something out the window. As in: "Let's defenestrate this marketing strategy."
- Dial It Back
-- To tone down. As in: "Your sales pitch is too aggressive.
Dial it back."
- 800-Pound Gorilla
-- A company that dominates an industry short of having a complete monopoly.
- End-to-End
-- Used largely by technology vendors to imply that whatever they build for
one part of your organization will work with whatever they build for another.
- Future-Proof
-- To create a product that won't be made obsolete by the next wave of technological
advancements.
- Ideation
-- Brainstorm session.
- Living Document
-- A document intended to be continually revised and updated.
- Market Cannibalization
-- When a company's new product negatively affects sales of its existing,
related products, i.e., it eats its own market.
- Optics
-- How things appear.
- Pain Points
-- A favorite of consultants used to describe places where an organization
is hurting due to poor operating structure, technology or inefficiencies.
- Pockets of Resistance
-- Another borrowed military term that describes a person or group that attempts
to stall, block or kill a project.
- Reaching Critical
Mass -- Having enough customers or market share to become profitable.
- Repurposing
-- Taking content from one medium (books, magazine, etc.) and repackaging
it to be used in another medium.
- Reverbiagize
-- To reword a proposal with the hope of getting it accepted by people who
didn't like it the first time around. As in: "It's the same concept,
we've just reverbiagized it."
- Tszuj
-- (Pronounced "zhoozh") To tweak, finesse or improve.
- Value Stream
-- Six Sigma term that encompasses every step in the process of producing
and delivering a product or service (whether it adds value or not).
- Value Migration
-- Used in industries where there is little market growth, the term refers
to the movement of growth and profit opportunities from one company to another.
- White Space Opportunity
-- New high-potential growth possibilities that are related to but don't quite
match the capabilities and skills of the organization.
- Batmobiling
- putting up emotional shields. taken from the retracting armor that covers
the batmobile in the movie, "she started talking marriage and he started batmobiling."
- Beepilepsy
- afflicts those with vibrating pagers and cell phones; characterized by sudden
spasms, goofy facial expressions and loss of speech
- Betamaxed
- when a technology is overtaken in the market by inferior but better marketed
competition, as in "Microsoft Windows betamaxed Apple "
- Blowing
your buffer - losing your train of thought
- Bronco ride
- Response time on www site. "If you don't make it in 8 seconds, you're
out of there"
- Cobweb
- a WWW site that never changes
- Elvis year
- the peak year of popularity as in "1993 was Barney's elvis year"
- Generica
-the phenomenon whereby all cities look exactly the same. fast food joints,
strip malls, sub-divisions as in "we were so lost in generica that I couldn't
remember what city it was"
- High dome
or Propeller Head - egghead, scientist, PhD
- Irritainment
- annoying but you can't stop watching; the O.J. trial
- Meatspace,
Carbon community, Facetime, F2F, RL - the physical world (as opposed
to the virtual)
- Percussive
maintenance - whacking a device to get it working
- Prairie
dogging - in companies where everyone has a cubicle something happens
and everyone pops up to look
- Salmon day
- swimming upstream all day to get screwed in the end
- Siliwood,
Hollywired - the coming convergence of movies, interactive TV and computers
(EG: MSNBC)
- Square headed
girlfriend (boyfriend) - computer
- Treeware
- manuals and documentation
- Umfriend
- squeeze, sexual relationship; "this is Dale, my...um...friend"
- WWW - "world
wide wait"
- Yuppie food
coupons - twenty dollar bills from an ATM