What does Blue Sky thinking mean?

What does Blue Sky thinking mean?

Blue-sky thinking involves a group of people looking at an opportunity with fresh eyes. As a group, you could write down everyone’s ideas on a flip chart. Alternatively, people may be given sticky notes and asked to write down as many ideas as they can on each note before displaying them on a wall.

Can I say skies?

skies [ plural ] the sky in a particular state or place: For weeks we had cloudless blue skies. We’re off to the sunny skies of Florida. Near as I can tell, it’s okay to use the plural form when you are referring to the weather, or to the sky in a particular state or place.

Is skies a correct word?

When talking about the great extent of the sky, it is appropriate to use the plural version of sky, which is skies. Often times, people will use the plural when referring to the weather and the chance of rain. Skies has more of a poetic or literary meaning, which is used to convey heavenly power (“reach for the skies).

Is sky’s word?

noun, plural skies. Often skies (for defs. the region of the clouds or the upper air; the upper atmosphere of the earth: airplanes in the sky; cloudy skies. the heavens or firmament, appearing as a great arch or vault.

Is it blue sky or skies?

What is sky literal?

1 : the upper atmosphere or expanse of space that constitutes an apparent great vault or arch over the earth. 2 : heaven sense 2. 3a : weather in the upper atmosphere. b : climate temperate English skies— G. G. Coulton.

What is blue sky thinking?

With this approach to idea generation, ideas don’t need to be grounded in reality. Rather, blue sky thinking sessions are open to all creative ideas regardless of practical constraints. The allure of blue sky thinking is based on the premise that ideas beget more ideas.

What is blue sky scenario in finance?

In the world of finance, there are generally three kinds of scenarios: base case (most probable), worst case (all assumptions turn against your favour) and best case. “Blue Sky” scenario is just another name given to the best case scenario.

What is the meaning of Blue Sky nonsense?

Unrealistic or impractical: “[The author] shows what is testable physics, what is philosophy’s domain, and what is blue-sky nonsense” (Ann Finkbeiner). 2. or blue-skied (-skīd′) Having a cloudless sky; clear: a blue-sky day.

What is blue sky valuation?

Deal Process, Valuation. “Blue sky” is a colloquial term that means, according to Merriam-Webster, “having little or no value” and “not grounded in the realities of the present.”. The term is often used in reference to the intangible value of a business, but that doesn’t sound like the definition!