15 February 2023 |

76 Corporate Talk Definitions


Under the Lens

  1. 360-degree feedback: A performance evaluation method where evaluations are sought from an employee’s subordinates, peers, and supervisors.
  2. Action item: A specific task or responsibility assigned to an individual as part of a larger project or plan.
  3. Agile methodology: A project management approach that emphasizes flexibility and responsiveness to change.
  4. Affiliate: A company that is related to another company through ownership or control.
  5. Bandwidth: The amount of time and resources available to devote to a specific task or project.
  6. Benchmarking: The practice of comparing the performance of a company against industry standards or competitors.
  7. Best practices: Proven methods or approaches that have been successful in a particular industry or field.
  8. Blue-sky thinking: A creative and optimistic approach to problem-solving and idea generation.
  9. Boil the ocean: An expression used to describe an overly ambitious or unrealistic goal.
  10. Bottom line: A company’s net income or profit.
  11. Brainstorming: A group problem-solving technique where participants generate ideas and suggestions in an open and creative environment.
  12. Burn rate: The rate at which a company is spending its available funds, usually expressed as a monthly rate.
  13. Buy-in: Support and commitment from stakeholders for a proposed plan or initiative.
  14. Change management: The process of planning and implementing change in an organization.
  15. Core competencies: A company’s unique strengths or abilities that give it a competitive advantage.
  16. Core values: The fundamental beliefs and principles that guide a company’s actions and decisions.
  17. Collaborative: Involving two or more parties working together towards a common goal.
  18. Core competency: A unique strength or capability that distinguishes a company from its competitors.
  19. Cross-functional: Involving the participation of individuals or teams from different departments or areas of expertise.
  20. Culture fit: The compatibility of an individual’s values and personality with a company’s organizational culture.
  21. Deliverables: The specific products, services, or results that a company is expected to provide to its clients or customers.
  22. Deep dive: A thorough examination or analysis of a particular issue or subject.
  23. Drill down: A process of gathering detailed information or data to understand a particular issue or problem more deeply.
  24. Drill up: A process of moving from a detailed view of data or information to a more high-level or general view.
  25. Due diligence: A comprehensive evaluation of a potential investment or product to assess its potential risks and benefits.
  26. Empowerment: The delegation of authority and responsibility to employees, allowing them to make decisions and take action.
  27. End-to-end: A comprehensive approach that considers all aspects of a process or project, from start to finish.
  28. Entrepreneurial spirit: A mindset characterized by innovation, risk-taking, and a drive to succeed.
  29. Fast-track: An accelerated process for completing a project or task.
  30. Game changer: A new idea, product, or approach that fundamentally transforms an industry or market.
  31. Going forward: Referring to future actions or plans.
  32. Greenfield project: A new and untested venture or project with no previous constraints or limitations.
  33. Growth hacking: A marketing strategy that emphasizes rapid and innovative ways to grow a company’s customer base.
  34. Holistic: An approach that considers all aspects of a situation or problem, rather than just one specific aspect.
  35. Impact: The effect or influence of an action or decision.
  36. Impactful: A term used to describe an action or decision that has a significant effect or impact.
  37. Innovation: The introduction of new ideas or products, or the improvement of existing ones.
  38. Intellectual property (IP): A company’s intangible assets, such as patents, trademarks, and copyrights.
  39. Key driver: A factor that significantly affects the success or outcome of a particular initiative or project.
  40. Key performance indicator (KPI): A measurable value used to assess the success of a company’s operations or a specific initiative.
  41. Leverage: The use of financial instruments or borrowed capital to increase the potential return on an investment.
  42. Leverage point: A key opportunity to influence or change a system or process to achieve desired results.
  43. Line of Sight: This is the thread the links all of the people in an organization. It’s how employees see their role fit into the bigger picture. 
  44. Low-hanging fruit: Easy or attainable opportunities for improvement or growth.
  45. Market disruption: A sudden and significant change in a market that creates new opportunities and challenges.
  46. Metrics: Quantifiable measures used to evaluate the success or performance of a company or initiative.
  47. Mindshare: The level of recognition or awareness of a brand or product in the minds of its target market.
  48. Mission statement: A company’s statement of purpose and values, outlining its goals and objectives.
  49. Move the needle: To make a significant impact or improvement in a particular area.
  50. Optimize: To make the best use of resources, improve efficiency, and achieve desired outcomes.
  51. Out of the box: A creative or innovative approach that deviates from the norm or standard.
  52. Pain points: The specific problems or difficulties faced by a company or its customers.
  53. Paradigm shift: A major change in the way people think about or approach a particular issue.
  54. Pitch deck: A visual presentation used to pitch a business idea or proposal to potential investors or partners.
  55. Point of view (POV): A company’s perspective or stance on a particular issue or topic.
  56. Process improvement: The continuous improvement of business processes to increase efficiency and effectiveness.
  57. Product-market fit: The alignment between a company’s product offerings and the needs and wants of its target market.
  58. Push the envelope: To explore new ideas and take risks in order to achieve something innovative.
  59. Reach out: To contact or communicate with someone, usually for business purposes.
  60. Rebranding: The process of changing a company’s image or identity, often to reflect new goals or values.
  61. Return on investment (ROI): The financial gain or loss generated from an investment, expressed as a percentage.
  62. Right-sizing: The process of adjusting a company’s operations or workforce to align with its financial goals and objectives.
  63. Roadmap: A visual representation of a company’s strategic plan, outlining its goals and the steps needed to achieve them.
  64. Scalable: Capable of being easily expanded or increased to meet growing demands.
  65. Scale: To grow or expand a business rapidly and efficiently.
  66. Stakeholder engagement: The process of communicating with and involving individuals or groups who have an interest in a company’s success.
  67. Strategic alignment: The alignment of a company’s actions and decisions with its overall goals and objectives.
  68. Synergy: The combined effect of elements working together to produce a result greater than the sum of their individual effects.
  69. Total cost of ownership (TCO): The full cost of a product or service, including not only the purchase price but also ongoing expenses such as maintenance and support.
  70. Touch base: To communicate or check in with someone, usually for business purposes.
  71. Value proposition: A company’s unique selling point or the benefits it offers to its customers.
  72. Win-win: A situation or outcome where all parties involved benefit or profit.
  73. Workflow: The series of steps or processes involved in completing a task or project.
  74. World-class: A term used to describe a company or product that is among the best in its field or industry.
  75. WWWEFE: WE WILL WIN EVERYTHING FOREVER! (I made that one up, but I’m trying to make it a thing.)
  76. Zero-based thinking: An approach to problem-solving that starts with a blank slate, rather than relying on previous assumptions or solutions.