Tuesday, May 27, 2008

Industry Definitions

Saw this great article on ERE.Net recently by Matthew Charney, and it reminded me of a number of other Corporate America terms that are humorous. You know, phrases like Right Size, Reverse Engineering, and Market Correction, as fancy ways to say something you don't want to hear. Some of my other favorites include Negative Advancement (demotion), Percussive Maintenance (kick the machine to fix it), Treeware (paper), Efficiency Expert (an outsider that decides who gets fired), Capital Preservation (saving money), Negative Cash Flow (losing money), Structural Constraints (overhead), Delayering (eliminating middle management), Degrowing (your fired), Left to Pursue Other Opportunities (he was fired). Check this article out for some more good ones.

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