(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?”
(1). A way for compliance, operations and/or legal department employees to put a positive spin on their role in losing a piece of business.
“Well, someone had to be the adult in the room here! I mean, just because they have millions of dollars in potential business doesn’t justify giving them more than one toaster for opening their account with us!”