Definitions by T I M

Formica Management 

The management fault of appearing outwardly sophisticated, but underneath having the competence and substance of chipboard.

"They're a whacky company to deal with, but they've got Formica management"

Also used as "formica" to define similarly flimsy people, enterprises or governments.

ie "George Bush has a Formica administration"

Formica Management by T I M April 26, 2007