(1). A last minute scramble to deal with an artificially-created emergency, usually occurring at approximately four o’clock on a Friday afternoon and whose successful completion results in zero thanks and several missed trains.
(1). A term generally used when providing negative feedback intended to imply that a particular empolyee is lazy or takes an inordinate amount of time to complete tasks. Over-caffeinated junior stockbrokers often use the term to describe the pace of action by other, non-commission-based areas of the firm (e.g. operations), implying that only they are truly providing adequate service to their clients (when, in actuality, all they really care about is getting paid faster).
“Hi Jim, it’s Pierce. Hope you’re doing well. Just wanted to check in on the hold-up with the Altman account. You know this is a really important client to the firm and I just don’t think you’re showing the same sense of urgency we are about getting this account open. Now, I understand today is Christmas, but…”
(1). The attempt by management to institute changes to a company’s infrastructure in order to rejuvenate their dying and obsolete business (i.e. layoffs and store closings).
“Team, as you know, with changes in technology, the spending habits of our customers are shifting. In response to these changing times, our company is undergoing a cultural evolution. Corporate has asked all of us to attend an offsite next week, so they can roll out their new list of ‘Core Beliefs’. Oh, not you, Joe…would you mind coming to my office after this meeting…?”