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(1). To take in a bunch of crummy accounts, hoping one of them will eventually turn into a good account.
“No, no … we’re definitely going to have to kiss some frogs along the way, but if just one or two of them convert … now, that’s a good business!”
(1). In finance, to sell investments that have appreciated quickly in an attempt to lock in profits. The phrase is used by financial advisors when speaking with clients to provide them with a sense of accomplishment that will; 1 lead to their approval, and 2 allow the advisor to gloss over the poor performance of other investments in the portfolio.
(1). To grossly overreact to a minor error or mishap, resulting in unproductive meetings, useless checklists, indecipherable procedures, overlapping layers of approval and other bureaucratic nonsense.
“Talk about killing a fly with a sledgehammer! After Sam double-billed that client last month, they now want us to have two managers review and approve all our bills before they go out! Why do I have to be punished because Sam can’t send out mail properly?!”
