Essentials

12 Sep Are You In The Know?

All the talk these days seems to center around UAD. However, when you talk about UAD you need to talk about UMDP and MISMO and XML data standardization, etc. What’s my point? There are a lot of acronyms and terms in our industry that you have to keep up with. It can be tiring, quite frankly. So, when I stumbled upon an article that detailed must-know words, I knew that I had to share it with you. In the article entitled “10 New Words Every Business Owner Should Know” by Jason Fell, he selects what he considers the 10 need-to-know new words for every business owner. Whether or not you start using them in your own business dialogues is, well, up to you, but here they are: 1. Light-bulb moment Definition: (noun) A moment of sudden realization, enlightenment, or inspiration. Example: “Sales at my company were plummeting, but then had a light-bulb moment and knew exactly how to turn things around.” 2. Cross-functional Definition: (adjective) Denoting or relating to a system whereby people from different areas of an organization work together as a team. Example: “If we’re ever going to boost productivity, everyone will need to improve their cross-functional capabilities.”