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(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.
(1). A subcontractor who does all of the actual work.
“We work with several strategic partners in order to bring you the best client experience possible. I will be quarterbacking the relationship, of course.”
(1). Paying for some work-related expense yourself with an expectation that your company will pay you back…in six to eight weeks…maybe.
“Okay, Alicia…here are my receipts for my Atlanta trip. I had to go out of pocket on the cabs to and from the airport. What do you mean that looks like my handwriting…? Just process the lousy reimbursements, please…”
(2). Not being reachable by email, phone, text, etc.
“I’m out of pocket for the rest of the day.”
Props to Mary K. for the submission.
