Risk and loyalty

One of the basic principles for managing risk for  any business or commercial undertaking is to diversify , have multiple vendors and customers , so that  you are not adversely affected in case any one  business shuts shop.

But some times , some people prefer to be loyal to a single company for personal reasons. In case there is a change in the management,  you have to start afresh with another company with whom you have no track record.  Most companies give their older customers a better deal.

Overheads

One of the disadvantages of having a team or a large  setup are the overheads.  The more overheads you have, the less flexibility is possible.

Mottos and action

Many people will do any thing to earn money and fame,  but if you use unethical means, the money does not last for long.  You may proclaim loudly that you are the most honest and ethical company in the world and your corporate goal is don’t be evil,  but actions speak louder than words.  People who have been cheated or have got a raw deal  started speaking out and no one trusts you any more.

Freedom of speech

Though companies may proclaim that they promote freedom of speech, some of the companies keep a very close eye on every action of yours and will do everything possible to suppress dissent. This includes indimidation techniques.

Thinking of the future

There are so many people who take decisions without thinking of the future.  It is very important to evaluate both the plus and minus points very objectively,  without  letting your emotions  affect you.

After you take a decision, you have to face the consequences which can be very nasty , mentally and physically.

Dress codes

In many business sectors, employees are supposed to follow  a particular dress code.  The clothes to be worn are often uncomfortable but look “glamorous” , so female employees are forced to wear them to keep their job.  These clothes make it difficult for employees to move around at work and sometimes can cause long term health problems.

Definition of freedom

Many people in certain countries  feel that imitating foreign cultures is freedom . They do not realise that true freedom is ability to make your own choices,  live life on your own terms.  Following the latest trends adopted by film stars and celebrities (whose career often ends at 35) and being brainwashed by your peers is definitely not freedom.

Desperate to make payment?

Normally when any one owes you money,  you have to follow up with the person regularly to make payment.  But I encountered a strange case where a particular company Y*** is desperate to send a cheque to me  and then ensure that I encash it. This is a Delhi based company with  UK ownership.

They had sent a cheque  in July and were following up continuously to check if I had encashed it.  Now again I received an email saying that I had requested the cheque and they were unable to provide any valid proof that I had really requested the cheque.  Are they trying to frame me and why ?

Hacker from Bangalore

There is a hacker from Bangalore trying to login to my account.

Email id :  jasmine9minds@gmail.com

(most hackers use gmail)

IP Address:    122.172.13.76  

Last hacking attempt : 15.21 hrs IST

Unethical practices

Many younger people think it is OK to lie and cheat,  they are willing to do anything to become rich and famous.  But they do not realise that doing so has the many dangers:

  • You will get caught at some stage – lose the goodwill and few people will trust you.
  • You  set a bad example to your juniors/ new employees
  • When you tell your juniors that it is OK to lie and cheat to earn more money,  your competitors can and will bribe your employees to misbehave with your customers.
  • Long term growth is difficult.
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