Home » Dictionary » liftoff

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

Clever Clogs (episode #1539)

Ribbon fall. Gallery forest. You won’t find terms like these in most dictionaries, but they and hundreds like them are discussed by famous writers in the book Home Ground: A Guide to the American Landscape. The book is an intriguing collection...

The Black Dog (episode #1536)

Books were rare treasures in the Middle Ages, painstakingly copied out by hand. So how to protect them from theft? Scribes sometimes added a curse to the first page of those books that was supposed to keep thieves away — and some were as vicious as...

Recent posts