Skip to main content

Posts

Showing posts with the label crisis

Just my thoughts #0522

Management is the activity of transforming uncertainty into certainty to create predictability. For example, investing in stocks when you don’t know when or how much you’ll make is a gamble, but finding a way to achieve an average return of 15% per month is management. Bank loans have a fixed schedule for when and how much principal and interest must be repaid. It is not the banking business where you can repay or request repayment at any time when you have funds. Nevertheless, we gamble or engage in a ritual for rain, mistakenly believing that it is management. - Joseph’s “just my thoughts”

Just my thoughts #0423

It’s not that humans can simply throw it away or empty it because they possess something; instead, they exchange what is outside of them with what is inside of them. If you discard it, you will receive it. The people just don’t understand this law. To obtain what’s beneficial for you, you need to care for your surroundings. This is why self-management is essential. Not discarding—meaning trying to gain without exchanging—is referred to as greed or avarice. The heavier object in the swamp sinks faster. Escape from a crisis comes not from giving up, but from the exchange. - Joseph’s “just my thoughts”

Just my thoughts #0405

What is the difference between an owner who believes that the company should never close in any situation and an owner who believes that our company can shut its doors at any time? Certainly, there are many differences. Fear stems from something that has yet to occur. The awareness sense to which work has yet to happen is a crucial perspective because it profoundly affects business philosophy. The crisis is tied to the range of fear. - Joseph’s “just my thoughts”

Just my thoughts #0221

Toms Shoes is synonymous with justification marketing through charity. People first praised the idea that if you buy one pair of shoes, you donate another pair to developing countries for free. However, soon after, the donation was criticized by findings from an NGO that indicated it took away jobs for youth in the area. Toms Shoes eventually faced a bankruptcy crisis and decided to hand over management to its creditors. Are there any “good things” in the world? In this hyper-connected society that humanity has never experienced, it is difficult to prevent the deterioration of good intentions or control their effects as intended. Therefore, we must not forget that even if there is something good, it is never something to be proud of. - Joseph’s “just my thoughts”