(1). How fancy, snooty business men concluded meetings in England in the mid 1800’s.
(2). How fancy, snooty bankers & Wall Street folk currently conclude meetings.
“Old business?! No? On to new business then..”
New Business
RANDOM LINGO
Strategic Partner
(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.”
Brainstorming Session
(1). An internal meeting (see pow wow) intended to generate ideas, which quickly devolves into (1) a complaint session about the company, (2) a general discussion on last night’s American Idol results, or (3) one employee explaining all of his or her ideas in detail while the others quietly nod and check their blackberries.
“Team, I really just want this to be a brainstorming session about the direction we want to go in this year, so please feel free to speak your minds. Okay, to start, Ed will be informing you all of the direction we are going to go in this year. Ed?”