(1). To do way more than you need to do to make sure your a** is covered from every angle you can think of.
“Well, it may seem like a lot, but we really want to take a belt and suspenders approach to this issue.”
Belt and Suspenders
RANDOM LINGO
Mount Rushmore
(1). A way to describe the important people of a company by likening them to the gargantuan granite sculpture of Washington, Jefferson, Roosevelt & Lincoln in South Dakota.
“So Dan, if you had to make a Mount Rushmore for the company, who would be on it? More importantly, where would I be on it?”
Blue Ocean Strategy
(1). An initiative undertaken by a company to produce unlimited opportunities. It is, of course, a pipe dream that results in over-diversification and, ultimately, a reversion back to the company’s core competencies (see also cultural evolution).
“We’re planning to adopt a blue ocean strategy for 2013. We’re now going to focus on both importing AND exporting!”
Props to Jack D. for the submission.