Industry Honcho is a term used to describe a powerful and influential person in a particular industry. This term can be used to refer to people such as a BARON or CZAR, who have a great deal of control over the industry they are involved in. A BARON is a nobleman of high rank, while a CZAR is an autocratic ruler with absolute power. Both of these terms are used to describe someone who has a great deal of influence and authority in their respective industries.