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(1). A small, unprofitable piece of business your sales guy convinces you to take, claiming “there’s a lot of money behind this one.”
“Yeah, I know the fee on this one doesn’t even cover our cost, but this is a call option opportunity. This guy tells us his company’s going public soon – no, he didn’t say when – and we’ll already be in there when it does!”
(1). A ploy used by senior managers when employees unexpectedly attempt to voice workplace or compensation concerns to push the uncomforatble conversations off to a later date in hopes that (1) the employee will lose the nerve to continue the conversation, or (2) scheduling conflicts will postpone the talk indefinitely.
(1). To refine an analysis or proposal after a client tells you to try again. The term is typically heard during an embarrassing tap dance after the materials your new analyst prepared for the meeting ended up being a total mess. Next time, you might want to take a peek at the book before you walk into the the meeting, champ.
“I hear what you’re saying, Peter, and we’ll go back after we break up here, sharpen our pencils and get those new estimates to you ASAP … in the meantime, any updates on our last three invoices? Just checking…”
