I love this image of the "confused businsswoman." I bought it at iStockphoto.com.
MSN Careers showcased a "work lingo" quiz today, and I thought it would be fun to use it for Words of the Week. We’ve covered most of these since MBA in the USA went live in 2008.
I must admit, I missed one of answers, but I disagree with the author on the definition! Can you guess which one I missed? Let me know how you do in the comments.
.jpg)
http://www.flickr.com/photos/dvdmerwe/ / CC BY-NC-SA 2.0
Augmented reality is the process of overlaying the virtual world on top of the physical world through technology. Brandon demonstrated it for me the other night using an iPhone application that identified our location and overlaid a map to local restaurants on top of the view we saw through the phone, much like the image above.
I hereby predict that this term will evolve and shift into everyday business speak. I’ll update this post when it does.
Net/Net is an updated version of the bottom line, meaning the end result. Typically, it comes at the end of a statement someone is adding to a discussion. For example, if an MBA is walking their boss through their opinion on a proposal, they might conclude with, “Net/net we’ll make $1 million with this $10,000 investment. I recommend we do it.”
To take a stab at means to attempt to complete a task without significant guidance.
You’ll hear this term most often in team situations. A team leader delegating a task might say, “Why don’t you take a stab at it? If you have questions, I’ll be here to help.” This phrase also works if you want to volunteer for something by saying, “I’ll take a stab at it.”
Americans also use “take a shot at” the same way.
A no brainer is something that is such a good idea, it seems obvious.
For example, a marketer working on a product targeting teenagers might recommend running a coupon offer during the back-to-school shopping season. Their manager would probably respond, “That’s a no brainer. We make money motivating buyers with coupons every year. Definitely put that in your plan.”
http://www.flickr.com/photos/wakimita/ / CC BY-NC-ND 2.0
An eye-opening experience causes you to discover something that may change your course of action.
Last week, while emailing with a prospective MBA student, I recommended exploring General Management programs in addition to a very focused option. I said, “Learning the principles of management is often such an eye-opening experience, you may decide you want to do something new while you’re there.”
Recent Comments