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Profit or Growth?

 

PROFIT OR GROWTH?

By N.K.Narasimhan 

Profit or growth- which should a company follow?

In an ideal world, a company would always pursue both profit and growth. However, in practice, it is not always possible to do both simultaneously. Profit-focused companies prioritize short-term financial gains above all else, while growth-focused companies prioritize sustainable long-term growth over immediate profits. So, which approach is better? Let's weigh the pros and cons of each.

Profit-Focused Approach

Pros:

1. Quick returns: A profit-focused approach is all about generating as much revenue as possible in the short-term. As a result, companies that prioritize profit can often reap financial rewards quickly, which is beneficial for stakeholders such as shareholders and executives.

 

2. Control over cash flow: Prioritizing profit will often lead to a company keeping a close eye on its cash flow. This approach can lead to better control over expenditures and tighter budgets, which can be crucial for smaller or cash-strapped companies.

 

3. Improved efficiency: A profit-focused company will look to streamline processes and cut unnecessary expenses to boost revenue. This approach can lead to improved efficiency and productivity.

 

Cons:

 1. Short-termism: Focusing solely on profit can lead to a short-term mindset that may ignore long-term sustainability goals.

 

2. Lost opportunities: A focus on immediate financial returns may mean sacrificing future growth opportunities that could have been realized through investments in new products, technologies, or markets.

 

3. Negative brand image: Prioritizing profit over all else can lead to negative brand perception. This approach can lead to negative publicity, which could ultimately harm the company's long-term reputation.

 

Growth-Focused Approach

Pros:

 

1. Stronger long-term prospects: A growth-focused approach prioritizes developing new products and technologies, exploring new markets, and building customer bases. As such, it often improves the company's long-term prospects.

 

2. Better branding opportunities: Growth-focused companies tend to focus more on building a strong brand because they understand that this enhances customer loyalty and long-term profitability.

 

3. Greater customer loyalty: By focusing on growth and development, companies can cultivate a loyal base of customers who are excited about new products and innovations.

 

Cons:

 1. Takes Longer to realize returns: Companies focused on growth may take longer to realize returns on their investments as it's a long term hold till profits start building.

 

2. Higher upfront costs: A focus on growth may lead to higher upfront costs, especially if the company is investing in new technologies or products, which may impact profitability in the short-term.

 

3. Riskier: Companies that prioritize growth tend to be more experimental and may take risks that could lead to the cost of a failed investment.

 

Conclusion

In conclusion, the decision to prioritize profit or growth ultimately comes down to each company's business goals and priorities. While both approaches have their advantages and disadvantages, a company that can balance both will have the greatest long-term potential. Focusing solely on profit may satisfy shareholders but harm the company's brand in the long run. On the other hand, a growth-focused company without realizing profits may struggle to survive in the short term. Therefore, it is imperative for a company to strike a balance between the two approaches to yield long term success.

PERKS OR POSITION?

By N.K.Narasimhan

Every company wants its employees to deliver their best work possible. However, what motivates an employee to perform better? Is it their position within the company or the perks they receive?

 
Position is a factor that can motivate employees to perform better. Workers who are given positions of authority have a greater sense of responsibility and accountability. They are more likely to take their jobs seriously and demonstrate a high level of commitment to their work. Employees who hold positions with increased responsibility are often seen as more valuable to the company and are likely to be given opportunities to grow and learn new skills.

On the other hand, perks can also motivate employees to perform better. These perks can be anything from extra vacation days to gym memberships or even company cars. Employees who receive these types of benefits often feel valued, and this can lead to increased motivation and productivity.
 
However, it is important to note that these two factors are not mutually exclusive. An employee's position within a company can also come with certain perks or benefits, such as higher salaries or bonuses, that can motivate them to perform better. Likewise, an employee who is given additional benefits outside of their position can feel motivated to work harder and achieve more.

Ultimately, what motivates an employee to perform better may vary from person to person. Some employees may be motivated by a higher position within the company, while others may appreciate the perks and benefits that come with their current position. The key for managers and company leaders is to understand what motivates their individual employees and provide them with the appropriate incentives to help them perform their best work.

 
In conclusion, it is a combination of position and perks that motivates an employee to perform better. Both factors can provide employees with a sense of value and purpose, leading to increased motivation, productivity, and ultimately, better performance.

 

 EVERY DAY IS A NEW OPPORTUNITY

     By N.K.Narasimhan

 

Every day is a new opportunity to learn and grow. This is a simple statement that holds a significant meaning in our lives. Each day we wake up with a fresh start, a new chance to improve ourselves, and keep moving forward in our lives. We have the potential to learn something new, acquire new skills, and to grow as individuals on a daily basis.

 

Learning is a continuous process that begins as soon as we are born and continues throughout our lives. Every experience we have, every interaction we make, and every mistake that we make contribute to our learning. Learning entails more than just acquiring knowledge through reading books or attending lectures. It involves personal experiences, observation, and reflection.

 

Growth, on the other hand, is a process of change, development, and improvement. It is an indispensable part of our lives that help us to overcome obstacles and challenges. Our growth comes from our experiences, skills, and knowledge that we gain through learning. We grow as individuals by challenging ourselves and pushing our limits, which allows us to achieve our goals and aspirations.

 

However, it is essential to remember that growth can only happen when we are willing to learn. We must be open to new experiences and ideas, and we must not be afraid to make mistakes. Failure is also an excellent opportunity for growth, as it allows us to learn from our mistakes and improve ourselves.

 

One of the essential factors that contribute to our growth and learning is our mindset. Our mindset determines our attitude towards life, our response to challenges, and our ability to learn from our experiences. A growth mindset is one that embraces challenges and sees them as opportunities for growth and learning. A fixed mindset, on the other hand, sees failure as a setback and avoids challenges altogether.

 

It is crucial to cultivate a growth mindset and adopt a positive attitude towards learning and growth. We can achieve this by asking questions, seeking feedback, setting goals, pursuing our interests, and trying new things. We must also be willing to step out of our comfort zone and take risks to achieve our objectives.

 

Learning and growth do not always happen overnight. It takes time, patience, and effort to achieve desired results. Therefore, it is essential to stay motivated and persistent in our pursuit of learning and growth. We must not give up, even in the face of setbacks, and instead view them as opportunities to learn and grow.

 

In conclusion, every day is a new opportunity to learn and grow. We must embrace this fact, and strive to learn something new, acquire new skills, and grow as individuals every day. The key to making progress in life is to adopt a growth mindset, be open to new experiences, and stay motivated and persistent in our pursuit of learning and growth. By doing this, we can unlock our full potential and achieve our goals and aspirations, both in our personal and professional lives.

 

Consider Adoption to Do Your Part to Save a Helpless Child

 

Adoption is certainly a wonderful process which, according to many, is perhaps the best way to help people obtain a better life. No matter what your race, creed or sexual preference, it is becoming easier and easier to adopt a child (so long as you pass a series of exams and fill out countless stacks of bureaucratic forms). This is wonderful news for all of the abandoned or orphaned children of our world, as foster care adoption, international adoption and gay adoption have become a much more promising alternative to natural childbirth for many families. If you feel that you could help a child by adopting him or her, go for it – you will certainly leave your mark of kindness on the world.

 

Most baby adoption scenarios start in roughly the same fashion. A couple finds themselves either unable to have children naturally or they believe that they should not have children when there are so many orphaned kids out there in the world who would find a much better lifestyle in their own home.  The couple then visits an adoption photo listing center or website where they can sit down and look over thousands of pictures from around the world of children they can adopt. Infant adoption is generally the best route for both domestic and foreign adoption, as the child will not have had to grow up facing any of the hardships of their community, and will not carry a broken view of life with them while you are trying to raise them.

Once the couple has decided on which child or children they would like to see, many people enlist the help of an adoption agency to help them meet the child and help them through all of the countless piles of paperwork required for child adoption. If the couple in interested in an international adoption, the process is much the same, except the couple will have to go thorough an adoption agency overseas.  Once all of the paperwork is finalized and the couple has been thoroughly checked over by the adoption agency, the child adoption process will be complete and the parents can take their new child home for the first time.

ADOPTION

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LIFE LESSONS

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Teen Alcohol Abuse

Bye Bye Belly!

 

 

Bye Bye Belly!

By N.K.Narasimhan

Weight loss has become the modern-day gold rush. Everyone is searching for the magic formula to slim down and look like a Hollywood superstar. The obsession with weight loss has grown to unforeseeable levels, and sometimes it feels like if you're not trying to lose weight, there's something wrong with you.

 

Gone are the days of embracing the beauty of your curves and loving your body for what it is. Now it's all about counting calories, weighing food, and stepping on the scale every day.

 

But let's be real for a second here. What's so great about shedding a few pounds? Sure, you'll look better in your clothes, and you'll feel healthier, but at what cost? Do you really want to give up pizza, cake, and ice cream forever? Let's face it, those are the only things that really matter in life, and if you're not enjoying them, what's the point?

 

The weight loss industry has made a fortune selling us false promises, like "eat this, and you'll lose weight overnight" or "take this pill, and you'll be thin in no time." But in reality, the only guaranteed way to lose weight is through hard work and dedication. And who has time for that?

 

We've all been sucked in by the latest fad diets, from the cabbage soup diet to the keto diet. And don't even get me started on the juice cleanse. Apparently, drinking nothing but liquids for days on end is the key to losing weight? Yeah, right. The only thing you'll lose is your mind.

 

But let's talk about the real reason behind the obsession with weight loss. It's not about being healthy or feeling good in your skin. It's about looking good in a bikini or fitting into those skinny jeans. It's about the validation we get from other people when we've dropped a few pounds. We've been conditioned to believe that thin equals beautiful, and it's a dangerous message to be sending.

 

So let's all take a step back and remember that weight loss isn't everything. It's okay to indulge in a slice of pizza or a chocolate bar every now and then. Life is too short to be counting calories all day every day. Live a little and enjoy the things that make you happy, even if they're not always the healthiest options.

 

If you're obsessed with weight loss, take a deep breath and remember that there's more to life than the number on the scale. Focus on being healthy and feeling good, and the rest will fall into place. And if all else fails, just put on some spanx and call it a day.

Creative Contribution to the Economy

By N.K.Narasimhan

The creative industry has always been essential in shaping our culture and contributing to the economy. However, despite its importance, many senior creative artists, artisans, writers, and others in this field find themselves struggling to provide for their needs. As a result, unemployment within this group has become a significant problem that needs to be addressed.

 

In recent years, banks and other financial institutions have been offering loans against collateral security, which is a form of security provided to the lender as a guarantee that the loan will be repaid. However, this approach is not feasible for creative seniors who need financial assistance. The collateral security needed for such loans usually involves physical assets such as real estate, cars, or equipment, which many creative professionals do not possess.

 

To address this challenge, banks can offer loans against the intellectual property of these creative seniors. Intellectual property includes patents, trademarks, copyrights, and other intangible assets. By offering loans against this type of property, banks can provide creative seniors with financial assistance they need.

 

For instance, if a sculptor has a unique artistic style, they can offer their intellectual property as collateral to obtain financial assistance from the bank. The same approach can apply to writers, painters, musicians, filmmakers, and other creative professionals.

 

Banks can also offer lower interest rates and flexible repayment terms for loans taken out against intellectual property. This way, creative seniors can comfortably repay the loans without being stifled financially.

 

Moreover, opening up new and creative avenues for senior creative professionals to obtain loans can unlock a wealth of benefits for the larger society. By providing financial support, these creative seniors will be able to continue creating and sharing their art with the world, leading to more cultural and economic growth.

 

In conclusion, supporting seniors in the creative industry by offering loans against their intellectual property is a beneficial approach for banks and the broader economy. While it requires a different approach to traditional loan practices, it could unlock a wealth of benefits for creative seniors by providing them with the resources they need to continue making incredible art. Banks should consider implementing such initiatives to support our creative seniors

The Impact Player

 

 

           THE IMPACT PLAYER

      By N.K.Narasimhan

       

        Back story

The Indian Premier League (IPL) has introduced a new rule for the ongoing season, which has the inclusion of "Impact" players. These players are chosen based on their ability to make a significant impact on the game through their skills and style of play. The aim of this rule is to add an extra layer of excitement and intensity to the already electrifying IPL matches. For instance, if team A wishes to bat first but is compelled to bowl first on a slow pitch with turning conditions, they can select the playing 11 with an additional spinner and then switch out a specialist bowler with a batter in the second innings to aid in the run chase.

Now, let's find out how this has "impacted" our upcoming executive in his ways to keep up with the corporate world.

It was another weekend. Friday. 7 pm. Deepak rushed back home screaming,

" Anju! Where are you?"

 

Anju rushed down from upstairs, " What happened? Why are you in a rush?"

" Get ready. We got to move fast." Deepak was in a real hurry.

"But where?" Anju was slightly impatient.

" We have to attend a party thrown by my colleague. He has been laid off and wants to celebrate that."  said Deepak with a smirk.

Anju was irritated. " What kind of jerks you have as colleagues who want to celebrate every goddamn thing on earth! Count me out. You know well that I don't attend parties. That party scene is not for me. Moreover, I have to train our Chinku for the chess tournament tomorrow. I am sure he will place in top THREE."

Deepak was silent for a second. " Ok. But I need to go. Everyone from my office will be there to send him off for sure."

Anju giggled a bit. " Ok, Have fun. But don't be too late. I need to be up early tomorrow."

"Sure"  Deepak rushed upstairs and peeped inside a room to wave at his kid and disappeared in no time.

Deepak was  soon on the road driving. He picked the phone and pressed on a contact. 

" Hey Poonam.  Where are you?"

Poonam picked the call, "Hey Deepak. What's up? I am at home."

Deepak honked at a biker who was sliding near his way and continued,

" Ok. Get ready. We have a party to attend. I will pick you right now."

"Awesome" Poonam was probably waiting for some guy to show up like this.

And Deepak walked in to the crowded party with Poonam by his side.The music got louder. Soon the swear words were sprayed  all over the drinks. In general everyone was in high spirits!

It was nearing 12.30 am.People were busy taking selfies and posting them on Social media. Deepak was all over the place with Poonam.

They became an instant hit in the party.

Back in Deepak's home, Anju got up to see if Deepak was back home as it was already nearing 2 am. She just took her phone to call him up but then a ping from social media got her attention. Oh, Deepak was all over the place with Poonam in that post!

She looked at the post again. Tried to zoom in a bit. She had more details now. Yes. And she waited for him.

Half an hour passed and she heard the door latch being opened and there was Deepak.

Anju was furious. " Who was that with you in that party?"

Deepak was very drowsy but still chose to answer. " Poooonam. hic... Sheee  was  da IMPACT player tonight."

"What kind of crap is this?" The blood rushed up on Anju.

And before Deepak could say anything a wooden wheat rolling pin headed straight towards his face at 160 km per hour speed breaking Shoaib Akthar's  fastest delivery in bowling.

Deepak went blank. And woke up in a hospital next morning to see a bottle being hung upside down near his bedside.

A middle aged nurse was attending to him and said, " Sir, my duty time is over for now. Soon another nurse will be here to look after you."

Deepak listened to her without any reaction.

Ten minutes passed, an younger nurse walked into his room.

" Hello. If you need anything just press the bell if I am not around."

Deepak smiled and said to himself," Mmm! She would make a great IMPACT player!"

Ah, Men!

 

 

 

 

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THE LOW HANGING FRUIT!

 

How low can one get ?

N.K.Narasimhan

The term "low hanging fruits" refers to easily achievable goals that require minimal effort, resources, and time to accomplish. In the context of building companies, it means taking advantage of obvious opportunities that are relatively easy to grasp.

Merits of picking low hanging fruits in building companies:

Quick wins: Low hanging fruits provide a fast and efficient way to improve a company's performance. They can generate momentum and demonstrate to stakeholders that the company is capable of delivering results.

Cost-effective: The resources required to achieve low hanging fruits are usually minimal compared to other strategic initiatives. They can be achieved with little or no additional investment in infrastructure, staffing, or training.

Boosts morale and confidence: The success of low hanging fruit initiatives can instill confidence in the company’s leadership and boost the morale of employees. This can improve employee engagement, productivity, and loyalty.

Better use of resources: By focusing on low hanging fruits, companies can prioritize their resources on initiatives that have the most significant impact on their objectives. This can help them avoid wasting time and money on projects that are unlikely to succeed.

Demerits of picking low hanging fruits in building companies:

Limited impact: Low hanging fruits may not necessarily align with the long-term strategic goals of the company. Their impact may be minimal, and they may not contribute to sustainable growth.

Missed opportunities: Focusing on low hanging fruits may prevent companies from pursuing game-changing opportunities that require significant investment and effort. This can result in missed opportunities and leave the company lagging behind the competition.

False sense of achievement: Achieving low hanging fruits can give the impression that the company is making progress, even if the results are superficial. This can lead to complacency and can hamper the company's ability to achieve its long-term objectives.

Short-termism: Focusing on low hanging fruits can encourage short-term thinking, which can lead to neglecting long-term planning and execution of essential strategic initiatives.

How to spot a low hanging fruit opportunity in business

Look for problems and pain points: Identify areas where customers or businesses are struggling, facing challenges, or expressing dissatisfaction. These could be things like limited options or poor quality of products or services, inconvenient access or long wait times, high prices, complex or confusing processes, or lack of information.

Follow trends and changes: Keep an eye on industry developments, emerging technologies, and shifts in consumer behaviour or preferences. Look for opportunities to capitalize on these changes, by offering new products or services, innovating in existing areas, or adapting to new market conditions.

Analyze data and metrics: Use market research, customer feedback, website analytics, and other data sources to identify patterns, trends, and opportunities. Look for gaps or unfulfilled demand in the market, as well as areas where your business is performing well or has room for improvement.

Keep an open mind and take risks: Be willing to think creatively, try new things, and take calculated risks. Explore unconventional or non-traditional approaches to solving problems or meeting needs. This can involve collaborating with other businesses or experts, using social media and other digital channels to reach new audiences, or experimenting with different pricing or delivery models.

 

In conclusion, picking low hanging fruits can have both merits and demerits in building companies. While they provide quick wins, boosts morale, cost less and are a better use of resources, low hanging fruits may have limited impact, miss critical opportunities, promote a false sense of achievement, and encourage short-termism. Companies need to balance taking advantage of quick wins with pursuing opportunities for sustainable growth and aligning strategic initiatives with long-term goals

Leverage your strengths: Identify your core competencies, areas of expertise, or unique resources and capabilities. Consider how you can apply these strengths to address unmet needs or create value for customers or partners.

D' Minor-The Humming Duckling

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Google Boogle! by N.K.Narasimhan

 "Mom,

Look who is here."

Raja came rushing home screaming out in joy.

Raja's mother, a 60 and odd old housewife who has witnessed all the highs and the lows of a middle class family for ages including the times she had lost her husband in an accident that happened one early morning  in Adyar, Chennai when Raja was a toddler.

 She came rushing out, more due to unexpected things that keep conditioning one's mind to respond at the earliest on any situation. Oh yes, she has seen all that very often for all the silly reasons.

She saw and casually asked, " Oh, Radha. I knew she had gone out. In fact I was expecting her to come home and help me in the kitchen."

" No, Mom.... She is not Radha.. But she is."

Now the mother stared at her son. What's got into him?

" Raja, i don't have time for your riddles. 

Radha  come, we have work to do."

" Mom... She is not your Radha. But she is Radha."

" Raja, Enough. If you don't want your wife to help me, it's ok with me but stop talking something which only you can relate to and not me.

But.... wait a minute.. why can't Radha speak for herself. Why are you both playing a game?"

 Raja was giggling inside while his consort was

silently watching everything.

 " What's going on here?"

A voice was heard from upstairs. And all the three looked up.

" What happened...."

Radha was coming down the stairs and stopped halfway spotting someone like her.

Mother looked up and looked at the other Radha .

" Now, who the hell is she?" That was the Mother.

" Tell me, what all you did with her?'

That was Radha the wife walking down the stairs.

"Oh.. my God. This is going to take some explanation."

And you know who it was.

 

"Listen, both of you. Let me explain everything."

" What the hell? Who wants to listen to your rubbish."

"Please... allow me to explain in detail.."

"Why should I bother? I will ask her only."

Saying this Radha went straight to Radha .

" Hey, duplicate, who are you?"

" Shut up. I am the original."

" Nonsense. Where did he find you?"

" On the net."

" Oh.. oh.. now I know. Look Mom, he has found her on a dating app."

"Dating App? Some sort of a calendar?" Poor Mom was curious.

" No. Mom. I will explain... please.."

" How dare you bring someone like her? Never knew you will let me down so badly. I am packing my bags."

" Radha.. wait..please.. Let him tell his story."

" At last, you are giving me a breather. Thank you.

For information, I was surfing the net recently...."

" And you bumped into her?"

"No..no..no. I found that Google was researching on text to images and explored further. I found one can create humans of your choice by entering all the data you have of that person in mind."

" What bull!"

" Please wait.. Let him finish."

" So, what I did, I entered all the details about Radha."

"Why me, when you already have me?"

"Keep quiet. Be happy he didn't choose an actress."

" What the hell Mom? How can you support him?"

" Hey, Listen. Mom is not supporting me. Actually I wanted to challenge the software to see if it can create another Radha., a monster.."

"WHAT?"

" I meant , a monstrous task to create another you,  so smart, so beautiful, my love!"

" Shut up. She might look like me. What the hell she knows about my likes, dislikes, my parents, my native place, my college..or my dear brother."

 

" Of course. Check me out." The other Radha  raised to the occasion.

" Ok. Where did you study?"

"School or college?"

" Both dumbo!"

" I did my schooling at Church Park. College at Ethiraj."

" This guy must have fed you with all the info. Ok, next. What was your score at Plus two.?"

" Third Rank"

"What's your native place?"

" Kanchipuram"

"Brother's name."

"Ranganathan. And he is heading an IT Major at California. Two sons, Working wife, and a white Dog named Idli! You want to know the name of my first crush?"

"Oh.Shut UP!"

Radha was sweating by now. She did not expect such accurate answers.

 

Meanwhile Mom looked at her son, " Why didn't you create your Dad through that Google or Boogle, instead  of  Radha.?"

" Oh, Mom.."

 

She looked at Raja and glanced at his mom, who was bewildered.

" I am leaving...."

" Hey, wait. it was just an experiment. I can send her back." pleaded Raja.

" How?"

" Give me a sec. I will undo all  that I have created since I have not saved it."

" But without saving, how did you download an exact me?"

" There was an option to pay or download with watermark."

" Eeeek! Did you already check the watermark on her? Did you?"

" Oh, Shut up. I will undo in a second."

After 5 minutes...

" Oh..no..I can't. It has already been saved by default " screamed Raja.

" I can't.. I am done.. oh ,,no..Mom.."

Suddenly Raja found he was rudely awaken by Radha.

" What's wrong? You were screaming something in your dream."

" Oh.. it was a Nightmare?. Thank God. It was so real."

 " It's 3 am. Now go to sleep. You have an AI presentation tomorrow."

" Sure. But the first half was damn exciting!"

 

Ah, Men will be men!