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	<title>#corporatespeak &#8211; HB Publishing and Marketing Company LLC</title>
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		<title>In the Financial Advisory Space? Stop Using These 7 Words</title>
		<link>https://hbpubdev.com/in-the-financial-advisory-space-stop-using-these-7-words/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=in-the-financial-advisory-space-stop-using-these-7-words</link>
					<comments>https://hbpubdev.com/in-the-financial-advisory-space-stop-using-these-7-words/#comments</comments>
		
		<dc:creator><![CDATA[Hank Berkowitz]]></dc:creator>
		<pubDate>Sat, 01 Jun 2024 20:15:03 +0000</pubDate>
				<category><![CDATA[1 On My Mind]]></category>
		<category><![CDATA[2 Best Practices]]></category>
		<category><![CDATA[3 Productivity]]></category>
		<category><![CDATA[#businesscommunication]]></category>
		<category><![CDATA[#corporatespeak]]></category>
		<category><![CDATA[#practicemanagement]]></category>
		<guid isPermaLink="false">https://hbpubdev.com/?p=3751</guid>

					<description><![CDATA[Space may be the final frontier, but it has no place in your business vocabulary. I can’t tell you how many times we’ve come across references to the “private equity space” or “ultra-high net worth space” in our client’s presentations, guest columns or podcast interviews. PLEASE STOP! The word “space” is a prime example of]]></description>
										<content:encoded><![CDATA[<p><a class="a2a_button_linkedin" href="https://www.addtoany.com/add_to/linkedin?linkurl=https%3A%2F%2Fhbpubdev.com%2Fin-the-financial-advisory-space-stop-using-these-7-words%2F&amp;linkname=In%20the%20Financial%20Advisory%20Space%3F%20Stop%20Using%20These%207%20Words" title="LinkedIn" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_facebook" href="https://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Fhbpubdev.com%2Fin-the-financial-advisory-space-stop-using-these-7-words%2F&amp;linkname=In%20the%20Financial%20Advisory%20Space%3F%20Stop%20Using%20These%207%20Words" title="Facebook" rel="nofollow noopener" target="_blank"></a><a class="a2a_button_twitter" href="https://www.addtoany.com/add_to/twitter?linkurl=https%3A%2F%2Fhbpubdev.com%2Fin-the-financial-advisory-space-stop-using-these-7-words%2F&amp;linkname=In%20the%20Financial%20Advisory%20Space%3F%20Stop%20Using%20These%207%20Words" title="Twitter" rel="nofollow noopener" target="_blank"></a><a class="a2a_dd addtoany_share_save addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fhbpubdev.com%2Fin-the-financial-advisory-space-stop-using-these-7-words%2F&#038;title=In%20the%20Financial%20Advisory%20Space%3F%20Stop%20Using%20These%207%20Words" data-a2a-url="https://hbpubdev.com/in-the-financial-advisory-space-stop-using-these-7-words/" data-a2a-title="In the Financial Advisory Space? Stop Using These 7 Words"></a></p><p>Space may be the final frontier, but it has no place in your business vocabulary. I can’t tell you how many times we’ve come across references to the “private equity space” or “ultra-high net worth space” in our client’s presentations, guest columns or podcast interviews. <strong>PLEASE</strong> <strong>STOP!</strong></p>
<p>The word “space” is a prime example of business jargon run amok. Nowadays, it seems like every company is claiming to be in some kind of “space,” whether it&#8217;s the fintech space, the AI space, or the blockchain space. “Space” is a vague, catch-all term that often lacks substance. Stay away from it. Instead, be more specific about the industry, market, or sector to which you&#8217;re referring.</p>
<p>Greg Bauman of the Silicon Valley Business Journal explained that “space” is often used in business jargon to “<a href="https://www.linkedin.com/pulse/20140723185525-23923869-the-space-between-us-dreadful-business-jargon-at-its-worse/">puff up the speaker</a>.” Beware of people who deploy it to imply mastery of a topic when their knowledge may be thin, he advised.</p>
<p>If you’re using AI, Grammarly, etc., to assist you that’s fine. Just don’t let those tools cause you to become lazy. Here are <strong>six more</strong> of our corporate-speak pet peeves. Chances are they’re bugging your clients, staff and stakeholders, too.</p>
<ol>
<li><strong> &#8220;Synergy&#8221;</strong> &#8211; This word is often used to describe the potential combined effect of two or more things working together, but it has become a cliché and is frequently used without much substance.</li>
<li><strong> &#8220;Disruptive&#8221;</strong> &#8211; This term is overused to describe any new idea, product, or service that challenges the status quo, even when the &#8220;disruption&#8221; is relatively minor.</li>
<li><strong> &#8220;Pivot&#8221;</strong> &#8211; Originally used in the context of startups changing direction, this word is now applied to any shift in strategy or focus, often unnecessarily. <em>Maybe it’s time to pivot from your usual choice of words in your presentations, articles and podcast appearances.</em></li>
<li><strong> &#8220;Low-hanging fruit&#8221;</strong> &#8211; This phrase, which refers to easily achievable goals or opportunities, has become a tired cliché in business communication. <em>Buzzwords like these are the low-hanging fruit of business communication. </em></li>
<li><strong> &#8220;Value-add</strong>&#8221; &#8211; This term, which refers to additional features or benefits that add value to a product or service, is often used without much substance or specificity. Hence, it’s not adding much value to your communication.</li>
<li><strong> &#8220;Game-changer&#8221;</strong> – Ugghhh. This phrase is frequently used to describe any new development or innovation, even when its impact is not truly transformative. <em>Think about how cringeworthy it is when the teenagers in your life use the word “awesome.” It’s the same thing when corporate folks use “game-changer” or any of the other jargony shortcuts above. </em></li>
</ol>
<p><strong>Conclusion</strong></p>
<p>We’re all super-busy these days, but that doesn&#8217;t give us the right to be lazy when it comes to our written and spoken communication. <a href="https://www.linkedin.com/pulse/youre-elite-professional-dont-sound-like-jamoke-hank-berkowitz"><strong><em>You’re an Elite Professional; Don’t </em></strong><strong><em>Act </em></strong><strong><em>Like a Jamoke</em></strong></a><em>.</em></p>
<p>What are you and your colleagues doing to improve your communication and efforts? <a href="mailto:hberkowitz@hbpubdev.com?subject=Blog%20comment"><em><strong>I’d love to hear from you and why.</strong></em></a></p>
<p>&nbsp;</p>
<p><strong>#businesscommunication,</strong> <strong>#practicemanagement, #corporatespeak</strong></p>
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