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1

Economics

Just Say No to Buzzwords!

  • by Matthew Glans
  • November 20, 2010
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In the Simpsons episode “The Itchy & Scratchy & Poochie Show,” a frustrated script writer for the children’s show Itchy and Scratchy called out his colleagues for using buzzwords such as “proactive” and “paradigm,” calling them buzzwords that make dumb people sound smarter and more important, after which he was promptly fired.

“Excuse me, but “proactive” and “paradigm”? Aren’t those just buzzwords that dumb people use to sound important? Not that I’m accusing you of anything like that…. I’m fired aren’t I?”

Every industry is full of its own cliches, buzzwords that convey vague and often convoluted ideas common to the business world. An interesting new article from AOL Jobs creates a list of “Most Hated Business Terms. Eli Lehrer of the Heartland Institute’s Center on Finance, Insurance and Real Estate added his most hated term to the mix: “Enterprise risk management.”

23. “Enterprise risk management.” It’s used often at insurance and other financial services, and means nothing at all but is used to mean things as varied as “shopping for an insurance policy,” “managing an investment portfolio to achieve stable returns,” “improving plant safety,” or “acquiring a competitor,” said Eli Lehrer of the Heartland Institute.

The list includes favorites like “think outside the box” and the cringe including “synergy.” The original story, “25 Most Hated Business Terms” can be found online at: http://jobs.aol.com/articles/2010/11/17/25-most-hated-business-terms/

College Humor also has a unique take on industry buzzwords in its hilarious video on online branding.

Somewhat Reasonable would like to hear some of your favorite (or hated) business buzzwords in our comment section.

Tags: buzzwordsitchy and scratchythe simpsons

— Matthew Glans

Matthew Glans is the Midwest Director, Center on Finance, Insurance and Real Estate at The Heartland Institute. Glans joined the staff of The Heartland Institute in November 2007 as Heartland’s Legislative Specialist on Insurance and Finance. Glans’ responsibilities include interacting with elected officials and staff on insurance and finance issues; tracking new legislation; and drafting responses to emerging issues via talking points, news releases, and op-ed pieces, with the goal of educating legislators and informing them about free-market ideas. Glans earned a Master’s degree in political studies from the University of Illinois at Springfield. He also graduated from Bradley University with a Bachelor of Arts degree majoring in political science. Before coming to Heartland, Glans worked for the Illinois Department of Healthcare and Family Services in its legislative affairs office in Springfield. Glans also worked as a Congressional Intern in U.S. Representative Henry Hyde’s Washington D.C. office in 2004.

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