Air Cover is when a senior manager agrees to take the heat for an unpopular decision while someone lower in the chain of command does the dirty work. As in: "The CFO will provide air cover, while you fire half the staff."
Alpha Pup is a market research term for the 'coolest kid in the neighborhood'. As in: "If the alpha pups go for it, we'll sell millions of 'em."
Bleeding Edge is beyond Cutting Edge. It's so new, even its creators aren't sure where it's headed.
Chips and Salsa refers to computers. Chips means hardware and salsa refers to software.
Defenestrate is a 17th century word that's back in fashion. It means to throw something out the window. As in: "Let's defenestrate this marketing strategy"
In the workplace, a pocket of Resistance is a person or group that attempts to stall, block, or kill a project.
An 800-Pound Gorilla is a company that dominates an industry.
And here's one more workplace buzzword:
Re-verb-a-gize. This means to reword a proposal in the hopes of getting it okayed by people who didn't like it the first time.