August 7, 2007 at 1:48
· Filed under blog, business, personal
We love routines and predictability even if we are not openly admitting it. They give us the feeling of security and being in control of issues. Still, we are only thinking that nothing changes while everything around us is in constant move and a state of flux. We just do not register incremental shifts—and therefore we are often taken by surprise with more or less radical consequences.
Business world is a good case in point about continuous change. Organisations tend to get used to their positions and organisational charts showing how the business is structured and is supposed to be run. But customers do not like to repeat things over and over again without improvements or even trying something entirely different. This creates the urge for adjustments and new ideas. If there is no demand there is no organisation either—in the long run. No matter how nice the current business unit, division, or team you are having but if it does not serve any real need anymore it must go.
Voluntary change requires a lot. You need to be active, open, sensitive, and humble for new ideas—even radical ones. In addition, boldness and courage are in great demand in order to carry out the required changes in a swift manner. Detachment is as important for a business organisation as it is for personal development. If you fall in love with your position or routines you will lose the game in the future. Sensitivity for the unknown and being constantly listening and observing are the only ways to ensure that you earn your current leadership position over and over again. Humility is the only friend of success.
Large masses tend to move very slowly first. But even icebergs melt in wrong climate. The same applies to corporations that are looking today’s world through their rose-coloured glasses of past success. They see what they want to see and even pretend not to notice the signals of change. Delaying issues do not make them to disappear—often things just get worse. Massive layoffs and organisational restructurings and turnarounds tell their story of inevitability of change—you either adjust sooner or later or you just simply disappear altogether.
How to remain dynamic and flexible without clinging too much in the past? Focus on your capabilities and competences. Everybody needs to keep learning new skills and enrich their know-how and experience, all the time. If you regard change as a fact of live that enables you to do new things and have exciting opportunities you are less likely in need of panic actions or last-minute reactions. Do you enjoy what you are doing? Are you delivering good value and the best possible quality in your job? We tend to drop the ball way before we admit it to ourselves. We are not motivated and life seems boring, because we are stuck into our routines. This should be a very good warning sign that you have snoozed. Each morning after you wake up draw either a happy or sad smiley in your calendar for a month. Check the results and count the amount of happy faces full of anticipation and excitement for the new day. If you find way too many sad faces you may need to reconsider your priorities—change is only a thought away.
Tags:
change,
humility,
leadership,
organisational change,
reluctance,
resistance,
success,
turnarounds
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June 2, 2007 at 8:55
· Filed under blog, business, economics, personal, society
We focus on growth—it’s everything. Our current economy is based on the ever-expanding growth paradigm. It does not work without it. Our monetary base grows every year. Valuations need to grow, as well as profits and revenues. The society is driven by this growth mania.
And how do we do this? By producing and consuming more, or should I say evermore, ever-expanding. And by consuming more we feed more needs to expand the business and acquire new resources to fulfil the needs of the growth. And so the cycle goes on and on—but not forever. Sole expansion is not natural, it pairs with contraction, in nature that is.
Seldom we start to question the basis of the assumptions and thinking underneath. What is the purpose of the growth and why is it needed? Some would say that it is because of money. And in many ways they are right. The fiat money system is built upon a hypothesis of ever-expanding promises of debt that are not paid back but rolled over. It requires more units of money to survive. As a result of this there are only raising prices and continuous inflation (expansion). For example US dollar has lost over 95% of its value since 1913 when the Federal Reserve was established. Does this create wealth for all the citizens using the legal tender?
But coming back to the question why the growth and what’s the purpose of it. More money does not answer the question; it only explains the way the current system is working. Actually money has nothing do with the real issue—it’s only a poor middleman that is often misunderstood to be the purpose when it can only be the means for something else. Money is used to obtain goods, services, or intangible needs such as security. We would not consume more simply because our monetary system requires so. There is something else underneath that feeds the requirements and keeps the wheels turning. And once again we are getting back to each and every one of us, individually. No company consume, buy, sell, manufacture, or invest—only people do. Structures are mere tools and vehicles for our purposes, ignore them long enough and they disappear. There is no one to blame but us. It’s not the economy, stupid—it’s us, the people!
We have bought the idea and assume that more is better. More money means something better, more consumption provides with something more and so on. Having more is the key and this having is the cause of the ever-expansion in our needs. But if you never consider why you need to have more you will never approach the real issue, you simply will act to gain more of something—forever and ever more.
Wanting is easy. Also having more is relatively easy, even though it takes its toll. But being happy has nothing to do with wanting or having. Confucius once said: “they must often change who would be constant in happiness or wisdom.” It looks that buying happiness does not seem to work despite all the consumption and material well-being. Maybe it is time to reconsider our assumptions and beliefs that define our current growth paradigm, individually?
Tags:
action,
change,
consumption,
growth,
inflation,
money,
society,
thinking,
value,
wanting,
work
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April 2, 2007 at 5:00
· Filed under blog, business, society
“Dillon, Read & Co. Inc. and the Aristocracy of Prison Profits” is a good case in point how the law is turned into a business driven by high level politics.
The Dunwalke-website puts it another way: “Make a law, make a business.” — Old New Jersey street saying.
See also Rothbard’s brief outlook of Wall Street, Banks, and American Foreign Policy.
Tags:
books,
democracy,
links,
Murray Rothbard,
politics,
power
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March 5, 2007 at 7:49
· Filed under blog, business, economics, society
The wealth of any nation is dependent upon its people’s capabilities and resources to invest into new production. Some 50 years ago Ludwig von Mises gave this speech that is maybe even more valid today (and not just to Americans): Capital Supply And American Prosperity.
Tags:
liberty,
links,
Ludwig von Mises,
wealth
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February 10, 2007 at 8:43
· Filed under blog, business, personal
We tend to be very practical in our thinking. It all culminates into question—how? How am I going to do it? How is it possible? How did you do it? Many questions and very little answers. If you were to know the means you would not bother to ask—you would just do it. But how have you done it in the past—without the answers before the action, that is?
One person’s impossible is other person’s business as usual. What’s the difference? A point of view—the other person cannot imagine a solution based on his/her past experiences, knowledge and understanding while for the other there is no mystery because it is part of his/her everyday life (understanding). In other words the doer believes and the doubter does not.
Ask a successful entrepreneur how he managed to do it, and often you may not find specific answers. They will emphasise their vision, passion, and dedication—they believed 100 per cent what they we about to create. And more importantly, they had the strong will and confidence in themselves that they can make it to happen, no matter what. And after all, how could you know beforehand how to do things that you have not done before? If you were to do only those things that you have done earlier, you would repeat yourself. So, is there any other way to create something new?
Your thinking is based on your past knowledge. We only know what we know, and we see and hear only what we know. Worries are produced in our mind and only by our mind. It is a closed system that exists only when you are thinking (of it or something else). While you are in the middle of some intensive action, you do not have time to think. You have to act. Try to think while hitting the ball in the golf court and you certainly do not make a dream swing.
Often thinking substitutes the action, and makes the realisation of our goals more difficult. It is not that one does not need to define the goals and plan things in advance, but it is important to realise when it is the time to believe on what one is doing and start to walk the talk (or the thought). Mind can produce different scenarios endlessly. Those what-ifs and hows have only one problem–they do not match with the outside reality. Only by starting to move one can keep a bicycle stable–the same applies to our lives as well. Paralysis by analysis cumulates the worries but does not provide any remedy for the underlying issues.
A different matter is when it is a right time to consider the how-question. If you want to make something big and major, it is not very wise to start by thinking how you are going to realise it. This would only result that you are not going to vision such a grand ideas and objectives after all. The road looks very cumbersome and also the visibility is very poor. You start to doubt and very soon the great venture has been turned into a farce—and all this can happen just in your mind! A sailor does not know the weather conditions for his entire route before starting to cross the Atlantic. He certainly knows where he’s heading and why he is doing it. He even may have a clear vision how he is going to sail the route and how long it is going to take. He is confident on his skills and competences to make it to happen. The how-question does not come to halt the action. In a word he believes himself.
Many times not doing is worse than doing something. While you are not making any progress you are still doing something—being in the same spot. Circling around the same area certainly consumes lots of energy but the overall impact may not be exactly what you wanted to have. Taking the first step is often the hardest. The sooner you do it the easier the consequent paces are. And like always before in your life you will figure out how to do it after all. How you did it? -is the question you can try to answer—afterwards. Just do it!
(See also Reverse Confidence )
Tags:
action,
assets,
Experience,
ideas,
knowledge,
Mind,
opportunity,
realisation,
thinking,
time
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January 19, 2007 at 5:09
· Filed under blog, business, economics, personal, society
“A society is decaying as long as it focuses on money, which is the effect, and disrespects the cause, the producer. Money is the symbol and fruit of labour, and it should be appreciated as such. It represents the productive potential, but it is not the potential: in short, money is ‘dead’ in a sense that it is the earned potential converted into purchasing power. It is only the means and not the end. Therefore a virtue can create more money but no virtue can only store and loose it. Thus nothing is left when the money is gone if the potential (virtue) is gone.”
Money
How Does Money Acquire its Value?
Tags:
Frank Shostak,
links,
money
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August 14, 2006 at 4:06
· Filed under blog, business, economics, personal, society
The economy is based on the productivity of us, the people. If we are taken off the equitation, nothing gets done either. We live by our efforts and abilities. Everything in our society is based on the efforts of someone, and his or her capabilities. If you need bread you get it from someone who has produced it. Nothing is created out of thin air. We are dependent on each other, and our intellectual capabilities. Some are having more brainpower than others but nevertheless we all are in the same boat. All the work is needed; otherwise the system would not function. If there is no bread how to get the rest done?
There are only two basic ways to work: voluntarily or by force. The first is based on freedom and the second on fear and threat of violence. You can enslave people to work manually (i.e. mechanically) but it seldom works for tasks requiring innovation and creativity. Intellect cannot be forced—it is an act based on voluntary free choice. Therefore any society will first lose the efforts of its most capable and able, its prime motor—the future potential. This minority does not make much noise about itself. It acts like any individual who knows one’s worth and value. They merely walk away and find a place where they are appreciated or simply just stop creating altogether. Why bother and for what?
Tags:
coercion,
creativity,
freedom,
justice,
power,
society,
value,
work
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May 21, 2005 at 7:13
· Filed under Short Insights, blog, business, fragments, personal
Our greatest excuse is time. Either we do not have enough of
it or we have too much of it. Still, we can only live now, for-
ever. Future is only an illusion we project based on our experi-
ences and understanding. Past is a regenerated memory and
experience collection we re-produce according to our current
understanding and point of view. All this can only happen
right now. And still they are all only pure image forms—
nothing else.
We continuously fool ourselves. We play this game by say-
ing to ourselves that we will do this or that and gain or
progress in a specific manner in the future. But all this is done
in a way that implicitly says we are currently lacking some-
thing and will do the hard part later. Time is our excuse: “I
need time to develop/study and so on.” This would be fine if
we really would deliver on what we promised. Unfortunately,
we often change our mind along the process. It is more
important (i.e., easier) to be in the constant mode of changing
than actually achieving or being.
We escape the current moment almost all the time. We are
not happy about how we are at the moment and, therefore, we
like to comfort ourselves by saying that this is not the real me
but wait an X amount of time, and I will be this. This game is
endless. Either we crave the past or envision an imaginary
dream world of the future.
When do we have time to actually be? Being requires that
we also see and hear in the moment. It requires unbiased,
objective observation and facing reality as it is, right now. No
bias toward the past or the future—only the bare truth. Have
you ever realized who you really are or appear to be?
Tags:
busy,
excuse,
illusion,
now,
observation,
stress,
time
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November 9, 2004 at 11:56
· Filed under Belief System, blog, business, fragments, personal
We claim to be so busy. What does it really mean, and is it
actually possible?
Being busy means that we are occupied at the moment.
Therefore, we are intensively carrying out the task at hand
and focusing our undivided attention to accomplish this task.
If we really are occupied and in a hurry, we need to concen-
trate and get rid of the tasks one at a time in order to move to
the next one. A metaphor from the computer world would be
a processor who is either idle or busy, never in between.
In ordinary language, our busyness (any relation to busi-
ness?) means something else. We mean that we should do or
achieve a lot of things in a certain time period. Most of the
time, however, we are not actually occupied in a way that
requires our undivided concentration and attention. Our
busyness has nothing to do with achieving and accomplishing
things. We simply mean that there is something in the future
we would prefer to be doing than what we are doing at that
particular moment. For instance, we have been occupied in a
meeting and now we are headed to the next task. We get stuck
in traffic, but we are not occupied by the traffic because our
mind is urging us to jump ahead and skip this unproductive
moment. Being in traffic is something we would rather not
do—we would much rather be accomplishing the next task.
This is how we are kept “busy.” Similarly, when we are finally
taking care of the next task, we are often not occupied here
either, but thinking about yet another task on our list.
Busyness is our own creation. It has nothing to do with the
real world and actual accomplishment and achievement.
Busyness simply consumes our time and makes us worry
about the future. We trade the current moment for something
we have no influence and control over—the unknown future.
We ignore the now time and, above all, get stressed over
something we can, at that moment, do nothing about. “Being
busy” does not help speed up the traffic while we drive to
another meeting or fast forward the current appointment if
we would prefer to be at the next occasion. Paradoxically,
when we are really accomplishing something that requires our
attention, we cannot be busy—we have no time to think
about “being busy”—we just carry out the task. Therefore, we
should forget the whole concept of busyness and focus on just
doing the things we have at hand.
Looking at our daily life from the outset, we are not really
occupied. Most of our time goes to moving from one place to
another or physically doing something—seldom is our full
and undivided attention required to do something. We actu-
ally have plenty of time to enjoy the moment and observe the
world around us. Stop being busy and occupy yourself for the
actual moment—you might even learn something new.
Busyness directs our attention to the future, which is just an
illusion created by us—it’s not real since we can only live in
the moment. And you are not busy if you have time to think
about being busy.
Tags:
control,
Experience,
illusion,
now,
perception,
stress,
thinking,
time,
worrying
Permalink
January 4, 2004 at 5:59
· Filed under blog, business, personal
Recently I have started to consider the difficulties people have with change. With companies it’s simpler - you just change the management, company name and sometimes even the line of business—a complete renewal. Most of the same is possible for people as well. Physically our bodies tolerate different life habits, styles, cultures, and climate—even harsh ones, without any modifications! But how often this happens, voluntarily?
Look around you the ones you love and have known for decades, when have they totally taken you by surprise and done something really out of the box (i.e. something you would not expect them to do or be able to do—to change, that is)? Moved to India, became a monk…
I know, not that often. And that’s exactly why I’m so horrified. Nowadays we can life close to 100 years but we fix our lifestyles and habits during the first 20-30 years and that’s it. Sometimes even the hairstyle has not changed… How many companies have survived without radical changes for decades? Henry Ford almost killed Ford with his old thoughts and fixed ideas during the consolidation and tightened competition, IBM has went from a single mainframe computer company to a PC manufacturer and now into a service company, Nokia restructured it’s corporate SBU’s as effective this year etc…
We could have multiple careers, social circles, different achievements and aspirations, i.e. different ‘lives’ if you like. World changes and everything around us, why shouldn’t we?
Actually, it’s pretty simple. In business you replace the old business plan with a new vision. With computers you install a new operating system or software. With people you just change the mindset—even overnight. Stop wanting since implicitly you are also saying that you don’t have it if you still want it. So don’t do differently—be different. Start to live the way you want to be. Make the new business plan and act accordingly. It’s that simple—a new year with new opportunities waiting you to create them.
A happy 2004 everyone!
Tags:
change
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