March 27, 2006, 07:55
<wordnerd>The latest business-jargon
"A new crop of [business] buzzwords usually sprouts every three to five years," says the paper, as it offers up some of the latest, freshest produce.
- delayering: has nothing to do with cake. It's the up-to-date euphemism for 'firing', f/k/a rightsizing or downsizing.
- knowledge acquisition: hiring. replaces "war for talent", which is out of date because companies no longer need to fight to find job applicants. Quite the reverse.
- skills development: corollary to knowledge acquisition: putting new skills into existing employees
- unsiloing: cooperation across departments and functions, such as sharing resources, cross-selling, etc.
- execution: older term now back in vogue, replacing previous emphasis on 'strategy'
- volume-sensitive business: one with high fixed costs
- niche strategy: small-time player
March 27, 2006, 13:59
<Asa Lovejoy>quote:
delayering: has nothing to do with cake. It's the up-to-date euphemism for 'firing', f/k/a rightsizing or downsizing
Damn - I could swear it had to do with removing one's coat.
March 27, 2006, 19:39
tinmanHow in the world did someone come up with
unsiloing? The only thing I can figure is that a
silo is used for storing (usually grain), so
siloing is used as a verb meaning storing (or hoarding), and
unsiloing is not storing, or sharing.
Tinman