Based on list of words, one can randomize the letters in the word using simple cross apply.
;with dictionary as
(
select 'soundgarden' as word union all
select 'impossible' as word union all
select 'apple' as word union all
select 'microsoft' as word union all
select 'mices' as word union all
select 'ITCrowds' as word
)
select
t1.word
,x.n
from dictionary as t1
cross apply (
select
substring(t1.word,sv.number,1)
from
master..spt_values as sv
where
sv.type = 'P'
and sv.number between 1 and 30 -- max word length
order by (select (abs(checksum(newid())))%1000) desc
for xml path('')
) as x(n)