Define: "Buy-in" in Business
Multi-headcount capital waste
"Convincing stubborn stakeholdersStakeholdersThe 15 people who will complain about the final product but refused to attend the requirements meetings. to do their jobs. Send an email outlining the risks of inaction."
Gaining agreement and support from team members on a new initiative.
What does "Buy-in" actually mean?
"The exhausting process of convincing everyone not to sabotage the VP's new pet project."
"We won't be able to launch the new tool without getting full buy-in from the sales team."
"We spent six weeks trying to get stakeholder buy-in for a firewall rule change that took literally thirty seconds to type."
By The Chief Waste Officer
18 years in the corporate trenches quantifying waste so you don't have to.
Related Terminology
Tired of hearing this?
Next time someone says "Buy-in" in a meeting, track exactly how much company money they just wasted. Play Buzzword Bingo, generate a waste invoice, and stop the bleeding.
