In a business context it is a term for a useless overpaid contractor or consultant on a huge wage but has the brain of a Jack Russell that was the runt of the litter and has since been in several brain injuring accident and is on viagra. The type of person you assume would only exist as a lazy, poorly defined character in a book about stock trading in the 80's. Out of the office Tony's (collective) tend to get drunk and go to strip clubs before getting a lady of the night to hug them while they cry themselves to sleep in their hotel room.
"Tony, i was once a young ambitious Tony like you but you need to remember im the shark on this Savanna, your just a young a young Elk of a Tony"
"Ha ha Tony, thats very blue sky of you but a little out the box, if you check the metric's, you'll see that im the big cheese on this merry-go-round and your just an apple core on the slide"
"Well Tony........" ect ect