liftoff

liftoff
 n.— «“Liftoff” in headhunter speak, or team movement in common parlance, is the latest buzzword that’s creating a stir in India Inc, especially in the financial sector.…Recently, four key executives from JM Financial moved to erstwhile partner Morgan Stanley. They included VK Bansal, head of corporate finance; Kamal Yadav, executive director, corporate finance; Sachin Wagle, associate director, global capital markets group; and Divyesh Desai, executive director, corporate finance.…The executive search fraternity attributes the phenomenon to a variety of reasons. The dearth of top leadership talent is by far the biggest reason, they say. So transplanting a team from another company makes things much easier, and is a quicker way to hit the ground running in the explosive growth environment.» —“Liftoffs create a buzz in India Inc” by Vinod Mahanta, TR Vivek Economic Times (India) June 28, 2007. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Sleepy Winks (episode #1584)

It was a dark and stormy night. So begins the long and increasingly convoluted prose of Edwards Bulwer-Lytton’s best-known novel. Today the annual Bulwer-Lytton Contest asks contestants for fanciful first sentences that are similarly...

Use Your Clyde

In 1968, students at Cheyenne High School in Cheyenne, Wyoming, compiled a collection of their own slang, including the word Clyde, used to refer to one’s head, as in Use your Clyde! This is part of a complete episode.

Related

Recent posts