Showing posts with label markets. Show all posts
Showing posts with label markets. Show all posts

Friday, November 21, 2008

Business is about Relationships

The success of your business ventures depends on having health relationships. These relationships may be with suppliers, customers, staff, co-workers, management...the list goes on. If you can't get the person skills right it is unlikely that you will make much headway. Business life is full of hidden traps to those who only chase the mighty dollar and take the "Greed is Good" path.

Treat others as you like to be treated. Be kind, friendly and treat everyone as your equals. This kind of approach pays huge dividends. As our latest economic crisis shows, just focusing on growth and financial wizardry does not work. We need sustanable businesses that meet real not engineered needs.

Keep well.

DK

Monday, September 22, 2008

All Hail the Mighty Market

Well, well, well. The market has crashed - all hail the market. I find it very interesting that when everything is going well, big business and the economists are all for a hands off, let the markets work, no government interference approach. You know the scenario, "Greed is good", the market is always right, let the markets prevail, it's all about supply and demand. This is standard fare at business schools, and I was well versed in this philosophy while doing my Master's in Business.

But when the markets fail, and a crash is imminent, the tune changes. The brave free marketers run home to mommy and demand Big Daddy Government to fix the problem. Uncle Sam pours in over a trillion dollars and somehow the "free market" is restored. What a joke!, I was tempted to put this under humor because it really makes me laugh.

Between Iraq, Afghanistan, and big business bail outs the US is going to hell in a handbasket.

First Published on Qassia