(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
Put on the Back Burner
(1). To refuse to allocate resources to a project or expenditure, often used by management to avoid telling their employees that the company is never, ever going to spring for new computers.
“I think color monitors are a great idea, Ken. Unfortunately, we’re going to have to put that on the back burner for now. We really need to focus on new company cars for the partners.”
Active Listening
(1). The art of pinpointing the important points your client is trying to get across (unlike most of us, who just wait for them to stop talking so we can say whatever we think they want to hear).
“You’re doing a good job, Rick, but I think you need to do a little more active listening during client meetings. We really can’t be saying ‘sounds good’ after a client tells us his wife just died…”