Each year, you can expect many colloquial terms or phrases to make their way into business conversation. But only a few will become buzzwords, going viral via the internet or large company mixers. While most of these haven’t entered Merriam Webster’s updated dictionary, here are 11 that have cemented themselves in our vocabulary:
By Jason Teshuba, an EO Detroit member and co-founder and CEO of Mango Languages
Visionary companies that are built to last are guided by core values. My co-founders and I built Mango Languages with six pillars as our foundation because they stand for beliefs innate to each one of us:
- Integrity: Act in alignment with the greater good.
- Positive Attitude: Take personal responsibility to create a healthy environment.
- Entrepreneurial Spirit: Take risks and work hard to bring a worthy vision to life.
- Innovation: Think creatively to change the world.
- Quality: Strive for excellence and 改善 (pronounced kaizen, meaning “improvement” and connotes continuous, never-ending improvement in Japanese). 6. Fundipline: Enjoy the journey to greatness.
By Shelby Scarbrough, an EO DC member and president of Practical Protocol.
The world-class business executive— every entrepreneur wants to hold that title. It’s a prestigious label that highlights one’s ability to understand and acknowledge cross-cultural nuances like a pro. Is there a magic recipe for mastering international cultures? Yes. However, the magic is not in the tactical kisses, bows, handshakes or business card exchanges. The answer lies in four simple truths: Courtesy, Dignity, Respect and Trust.