20 Management Phrases Every Manager Should Know - PowerPoint PPT Presentation

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20 Management Phrases Every Manager Should Know

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You’ve heard these phrases/ management jargons at work or while reading management books. Life at work has it’s own language & so does the management. You might know what some of these phrases mean….about some you are clueless? We bring to you the meaning of 20 such widely used phrases that the world of management cannot do without. More Information – PowerPoint PPT presentation

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Title: 20 Management Phrases Every Manager Should Know


1
Top 20 Phrases at Work
  • Youve heard them? Now know what they really mean.

2
Managing phrases
  • Youve heard these phrases/ management jargons at
    work or while reading management books.
  • Life at work has its own language so does the
    management.
  • You might know what some of these phrases
    mean.about some you are clueless?
  • We bring to you the meaning of 20 such widely
    used phrases that the world of management cannot
    do without.

3
Drill Down
  • Drill down you look at the core meaning of the
    data available. You drill down data to focus on
    relevant information.
  • Rajeev went to his boss with the customer data
    that he had collected during his one year of
    work. His boss rejected this data called it
    useless.
  • He expected Rajeev to drill down the data, to
    analyze it. He believed that just collecting
    information data is not enough. It is
    imperative that you drill it down to the minutest
    detail focus on the relevant.

4
Low hanging fruit
  • Low hanging fruit customers who easily get
    convinced. An action that can be easily taken.
  • Sabina was worried about finishing her targets
    for the month. She had a list of pending tasks.
    She looked rather worried couldnt concentrate
    on her work. Only five days left so much to
    achieve! She shared her anxiety with her
    colleague Ravi.
  • He told her to work on tasks which could quickly
    be achieved. He advised her to pick the low
    hanging fruits first.

5
Going forward
  • Going forward to focus on future, change your
    method move ahead.
  • Krish was running a bookstore his business had
    lately taken a downturn. One day he observed that
    the customers had queries that never got answered
    at the help desk, which left the customers
    frustrated.
  • Also, the customers always liked to talk to
    someone about the books she wants to buy, but no
    one is available to hit a conversation. He
    decided to go forward fill this vacuum by
    hiring an avid reader who could guide discuss
    about the books with the customer.

6
Think out of the box
  • Think outside the box to think different.
  • The entire team at Apple is on a daily agenda to
    create something different. The tradition at
    Apple as defined by Steve Jobs is to think out of
    the box.
  • He pushed his entire team to never settle for
    nothing less than the best.
  • This out of the box thinking has helped Apple
    offer its customers something new each time.

7
Its on my radar
  • Its on my radar it has my full attention.
  • From 3 months the HR manager had seen a lot of
    resignations on his table. It was a matter of
    great concern worry for him.
  • He pointed out to his team that the cause for
    these sudden exits had to be found.
  • His team knew that this issue was on his radar
    now the whole team got alert.

8
Back to the drawing board
  • Back to the drawing board to start from the
    start/ to get back to the basics.
  • The whole team sat down to discuss the vision.
    Everyone came up with the ideas about how they
    visualize the company.
  • They seemed to have a futuristic view, nothing
    wrong in that though. But, the director wanted to
    go back to the drawing board.
  • He wanted to look at where the company had
    started from the milestones. This he believed
    would give them a clearer vision for the future.

9
Milestones
  • Milestones crucial achievements.
  • A lot of candidates were walking in for the post
    of IT head. Everyone was asked, What are the
    milestone in your career?
  • Most of them spoke about their achievements,
    promotions, etc. But, it was only Ramesh who
    answered that when he was not promoted in his
    previous company that was a milestone for him.
  • Failures too are milestones as they make you work
    harder. This attitude gave Ramesh a job that he
    had aspired for.

10
Reach out
  • Reach out to connect to people.
  • In todays world it is imperative that you reach
    out to people in a way they understand.
  • The entire effort of branding is about reaching
    out to the target audience in a way that is
    appealing to them.
  • When you read the Just do it tagline of Nike,
    it gives the feeling that it calls for action
    targets at a go getter audience. Brands speak the
    language familiar to the audience.

11
Run the numbers
  • Run the numbers Do financial calculations.
  • Ranjan was to present a project plan the concept
    financials to his boss. He had to convince his
    boss that this project was going to milk profits
    for the company.
  • As he started to present the plan, his boss
    initially reacted skeptically. But, when Ranjan
    started to present a bigger picture of how the
    project will impact the company, he got
    interested. He immediately asked him to run
    through the numbers was thoroughly impressed by
    the Ranjans vision.

12
Get the ball rolling
  • Get the ball rolling get the process started.
  • Mike didnt address his team about how it has
    become imperative for them to think different, to
    create an impact in the market. Instead, he
    called his team to have some fun participate in
    a game that demanded them to be creative.
  • After all the fun they had, Mike selected a few
    ideas asked the winners to work on them. He
    knew he had set the ball rolling for his team to
    think out of the box, something that was not
    possible through mundane meetings.

13
Positive momentum
  • Positive momentum towards a positive way
  • When the market sentiments are low investors
    lack confidence to invest, the economy is bound
    to be recessive. In such a scenario the
    government of India the RBI should coherently
    frame policies to boost investments.
  • Pumping liquidity into the economy government
    investing in public projects, creates employment
    spending capacity. It creates a positive
    momentum for the private sector to invest
    boosts the economy.

14
Touch points
  • Touch point contact points
  • When marketers sell their products, it becomes
    vital for them to study the touch points.
  • For this reason customer service data studies all
    the touch points where the customer comes in
    contact with the company.
  • The aim of a marketer is to make the most of
    these connects, study the buyer behavior to make
    the customer come again again to buy the
    product.

15
Move the goal post
  • Move the goal post to change the rules of the
    game. Usually to make it difficult for the other
    party to achieve the goal.
  • Shereyu was arguing in a meeting that his
    consistent performance on all parameters deserved
    a promotion.
  • His boss immediately moved the goal post said,
    According to seniority you cannot be promoted.
  • The previously agreed upon parameters were being
    arbitrarily changed, to win a losing side/
    argument.

16
All hands on deck
  • All hands on deck you say this when you need
    everyones help at a time when a lot has to be
    achieved in a short period of time.
  • It was a Wednesday morning when my manager called
    for an urgent meeting.
  • He addressed us by saying, We have a huge task
    with us. We have to deliver the HCL project a
    week in advance. All I would say is get to work
    together. Let us have all hands on the deck. We
    will certainly make it happen

17
Bang for your buck
  • Bang for your buck value for your money spent.
  • A stall outside a mall was selling some
    postcards. It is no longer fashionable to send
    postcards. So what was this young lad banking on
    in an age of emails?
  • He attracted many people by saying, When is the
    last you sent a post card to your family, friends
    lover? Agreed its a click away. But, come
    experience the joy of surprising your loved ones.
    This is more than bang for your buck. A smart
    sales person I should say.

18
Sweat the assets
  • Sweat the assets maximizing your assets.
  • Robin a tennis player was unable to understand
    why he had lost the match against Sagar? After
    the match when he sat to think about where he
    lacked, bang he got the answer. I am not less in
    any way to Sagar on any parameter, in fact I am
    better than him on many.
  • The difference he realized was that he was not
    sweating the assets that he possessed. He had to
    make the most of everything that he had.

19
Paradigm shift
  • Paradigm shift shift in the way of thinking.
  • You see a paradigm shift in the way foreign
    companies market in third world countries today.
  • They are finding solutions to local problems.
    They are coming up with unique products for the
    unique needs of the 3rd world population.
  • They have realized that selling products produced
    for the developed world will not bring profits.
    Thus, their focus is to sell tailor made products
    for the third world countries.

20
Water finds its own level
  • Water finds its own level one gets his due
    ultimately.
  • Swapna had not got a promotion last two years.
    All that she did is to observe, absorb, learn
    perform consistently.
  • After two years of consistent performance the
    management couldnt ignore her work. She was
    promoted to the post of branch manager.
  • She knew she would get her due because, water
    always finds its own level.

21
Keep your eye on the ball
  • Keep your eye on the ball stay focused on your
    aim.
  • My mind was cluttered with a thousand things,
    which had been distracting me lately in the
    office.
  • I decided to take a holiday for two days, get out
    of the environment clear all this clutter.
  • All I needed to do is to keep my eye on the ball,
    which was getting impossible in the present
    scenario.

22
Move the needle
  • Move the needle to cause a noticeable change.
  • Govind had long observed the change in the office
    scenario. He had been in the company for two
    years now.
  • He knew if he had to grow in the company he had
    to bring a change in himself. More so he had to
    move the needle with his work.
  • He had all the ideas in his mind, now it was time
    that he implemented them.

23
Jargon made easy
  • 1) Drill down looking at the core meaning of the
    data available. 2) Keep your eye on the ball
    stay focused.
  • 3) Low hanging fruit customers who get easily
    convinced. 4) All hands on deck you say this
    when you need everyones help at a crucial time.
  • 5) Going forward change your method move
    ahead. 6) Think outside the box to think
    different. 7) Sweat the assets maximizing your
    assets.
  • 8) Its on my radar it has my full attention. 9)
    Back to the drawing board to start from the
    start. 10 )Milestones crucial achievements.
  • 11) Reach out to connect to people. 12) Run the
    numbers Do financial calculations. 13) Get the
    ball rolling get the process started.
  • 14) Bang for your buck value for your money
    spent. 15) Positive momentum towards a positive
    way. 16) Touch point contact points.
  • 17) Move the goal post to change the rules of
    the game, to make the other party difficult to
    achieve the goal. 18) Paradigm shift shift in
    the way of thinking.
  • 19 ) Water finds its own level one gets his due
    ultimately. 20 ) Move the needle cause
    noticeable change.
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