Monday, June 27, 2011

Comfort Zone- A Trap


Before I start writing, just take a minute to think what a comfort zone really is?

The most probable answer would have been a zone I am comfortable with. Do you realize how with this simple definition you put a limit on what you can achieve? This is when 'time and again' people have shown how there is no limit to what our mind or body can do. Like Henry Ford said, “If you think you can do a thing or think you can't do a thing, you're right”.
I remember what my gym instructor used to tell me. He would to tell me, “If you can lift 15 kgs comfortably then go for 17kgs if you want to make any difference.” To think about it, isn’t it only logical. We can keep reading what we know and we won’t learn anything but only when we read something new we learn something new. Obviously reading is a very simple example but the thought remains the same.
If you ask me, a comfort zone is only a shell created by us. We create this shell because of uncertainty. Uncertainty of getting the results we look for when we do something. If only we are guaranteed "1 crore" rupees regardless of the results, we won’t think twice before leaving our comfort zones. Why do we fail to realize that learning is not a result of “winning” something but of “doing” something. Like Thomas Edison said, "I did not fail; I learned 999 ways of how not to make a light bulb."

So why are we so risk averse at the time of our life which is the best chance to take risks. A time when we have matured and yet do not have all the worldly responsibilities. Knowing the outcome beforehand will never be possible. It’s the simple risk return trade off. We cannot keep preparing and leave our comfort zone only when results will be guaranteed, as it will never happen.  There is a saying that, “Preparation can take us only so far, we must then take a few leaps of faith.” So we need to believe, we need to have faith and then put in our best effort. Whether or not we get the result is secondary. In the process of failing it self we learn much more than we could have imagined.  In fact, I feel, failure many times acts like a spring to success. It takes you down a little, teaches you a lot, and plunges you back to success.

We are a result of our own choices. So we can choose to stay in a shell, safe and secure, or we could break the shackles, lose our selves only to find a greater control.

Wednesday, June 22, 2011

Business is War


It is not very uncommon when business is compared with war. Even the famous quote, “Everything is fair in love and war” has many a times been modified to “Everything is fair in love, war and business.” But the question still remains. Is business really war or has it been termed as one by people who wanted to justify their unfair practices.
For me the phrase Business is war has been all about the attitude they share. Yes business is war, but only metaphorically. Business is like war when it comes to passion about business, the commitment towards your organization, giving your best to your organization etc. It is war in the sense that you defend your market share, you attack your competitor’s market share. You formulate your long term strategy, and yet there are those short term tactics. Both business and war are about planning and yet require that skill of improvisation when out there in the field. Both require that art of resourcefulness and create maximum by using minimum. The importance of team work and discipline continues to be an important part in both. No wonder, many management schools include military defense and attack strategies in their course outline to explain the concepts. Not only this, many military personnel also attend short term courses in management. But this is it. Business is similar to war but it is not war. The problem arises when this thin line of similarity dissolves to give way to equivalence.
Business houses fail to realize that unlike war, co-existence in business market is possible. While in a war one must win to end the war, the same in not true in the business scenario. Co-existence in business is no longer a theoretical concept and this has been proved by many business houses in the past. Higher profits are possible with co-ordination rather than competition. Many companies have dug their own graves with the excessive competition and led to decline of a industry as a whole.
The best example of co-ordination is that of Pepsi and Coca-Cola at the time of pesticide issue. All of a sudden the negative advertisement about each other stopped and positive advertisement about the cola industry as a whole started. Yes, the cola industry. There was no Pepsi, no Coca Cola. The focus was on saving the industry and they succeeded. Similarly there have been many rivals who have joined hands in the past to save the industry. Such co-operation is a big reason that Japanese car manufacturers have dominated the world automobile market for so long. Despite such instances of co-operation, majority of the business houses aim to grow at the expense of others which has been a cause for concern for many industries.
So it is essential, in this era of low margin of error, that the companies realize that the significance of war in business is only limited and co-ordination forms an important part of it.
Why fight and make each other fall when we can join hands and rise together.