Companies are enamored with chasing "white space opportunities." White space is the nickname for new, undiscovered growth segments. It spins the notion that opportunity lies just ahead of us. Telling colleagues you are working on white space opportunities suggests you are doing really important stuff. It is the ultimate growth endeavor, the risk worth taking. White space will save the day. I'm not so sure. I have two problems with white space. It is neither white, nor a space.