(1). To be able to adapt quickly to different situations … even when you have no idea what you’re doing.
“Okay, team … now if we’re going to hold ourselves out there as a nimble wealth manager, we’re going to have to cut a few corners for our clients. So, I’d like to get your thoughts on SEC reporting avoidence strategies ….”
(1). A somewhat polite (and yet overly descriptive) way to describe the reason your boss was just fired…and the reason his secretary was recently promoted to vice president.
“People, I wanted to let you know that Mike decided to resign as CFO yesterday…seems he had a bit of a zipper issue earlier this year that we feel may cause some reputational risk to the firm. We’ve named Herman as his temporary replacement. You all know Herman…he’s the guy with the hairy mole on his nose and the moobs…no risks there!”