Definition
A crisis so urgent it forces immediate change, inspired by an oil rig disaster where workers chose to jump into freezing water rather than burn—cheerful stuff for Monday morning all-hands meetings.
Example Usage
The CEO described our market position as a burning platform, which really motivated us to update our LinkedIn profiles.
Origin
From a 1988 North Sea oil rig explosion, popularized in business by Nokia executive Stephen Elop's 2011 memo
Fun Fact
Elop's burning platform memo leaked publicly and became a case study in how not to motivate employees—Nokia's smartphone business collapsed shortly after.
Source: Change management and crisis terminology
Related Terms
Translate This Term
See “burning platform” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
Try the Translator