This video rental company passed on purchasing Netflix for $50 million in 2000
What is: "Blockbuster"
This phrase is often used when a consultant wants to disagree without actually saying "that's a bad idea"
What is: "Let's take that offline"
The essential substance that powers consultants through the 8:00am client meeting
What is: "Coffee"
This keyboard shortcut is the equivalent of the panic button
What is: "Ctrl + Z"
This annual compliance requirement has consultants checking investment accounts they forgot existed.
What is: "Independence"
The consulting term for an initiative with high impact and relatively little effort
What is: "Low hanging fruit"
What is: "Let's take that away"
Consultants often spend more time doing this than actually writing content
What is: "Formatting"
This yearly process asks consultants to remember everything they have done in the last year
The Big 5 became the Big 4 when this firm collapsed in 2002
What is: Arthur Anderson"
This buzzword describes the additional value expected when combining people, processes, or organizations
What is "Synergy"
This elusive state occurs when everyone clearly understands the problem/next steps
What is: "Alignment"
This slide contains the key message, recommendation, and conclusion for people who won't read the rest of the deck
What is: "The Executive Summary"
The most important thing you are reminded to do each week
What is "Complete your timesheet"
Google launched this social media platform to compete with Facebook, however it eventually shut down due to low adoption
What is: "Google+"
This file/document is used to maintain alignment and support factual information across all teams
What is: "The Source of Truth"
What is "SharePoint"
The state that early consultants should aspire to have the deck in when submitting for review
This three-letter acronym determines whether Finance thinks you are working hard enough
What is "UTE (Utilization)"
This workplace startup was once valued at $47B before a failed IPO exposed major governance and financial concerns
What is: "WeWork"
What is: "Scope Creep"
This is what consultants call guesses in order to make them sound smart
What is "Assumptions"
What is: "Can you make a few small changes?"
EY's Global Purpose begins with these three words