Saturday, 19 January 2013

Dealing With a Love Story


Dealing with a Love Story
Abstract
Often enough there is a need to be able to form concrete plans to tackle hard problems that are afflicting the industry and the company in general.  It is important to understand that, there is no one person who can possibly solve the problem nor identify the problem in the first place.  The ideal thing to do is to be able to get to a resolution that satisfies all stakeholders and in the time available.  Often enough there are numerous solutions available and these might be the cause a lot of parties  to bundle a quick try solution for a potentially hard problem.  Here, as things get more murkier and murkier, and then suddenly when they do get obviously clearer, you could do these things :
1. To quickly outline a theory and demarcate a boundary condition in which the solution can be scoped out. 
2.  To gradually define the problem and then reach a solution using the profound logic, that is there at our will due to the scientific community.
There exist a vast number of people who have tried and very often got to the solution by logic and this far exceeds the people who normally use the quick try theories.  Technically speaking if Bill Crompton, the director at Global Power was to identify where he got the idea to solve the problem from then it might have been his thought process that had so many overwhelming strings that the problem resolved itself under their might.  Not to ignore, the multitude of noises just beginning to get into his head that these overwhelming strings were nothing but what a million of like minded people had thought out.  It was normal and logical thing, that if we try to become the problem then we would obviously be the solution to it as well. 
Bill and an another close friend of his Cathy Lambert closely identified that the industry was going through a bad patch because there was turf war going on.  There were the dealers who were fighting the customers into believing that they were getting a raw deal from Global Power, and so the prices were high, Global Power on the other hand was fighting the dealers telling the customers that the dealers had to be bypassed as they were the cause of the price hikes.  The customers were confused, what to buy ? and where to buy it from ?  If the customer was confused then it would not be too presumptious to assume that they were not going to be any sales.  Here is where the thought of going through a system 1, mentioned above, falls into place.  Intuition and gut feel often has the ability to overcome anger, anguish, selfishness and all other traits that prevent human beings from reaching their full potential.  There is a lack of mention of this in the modern management terminologies where it is only a number crunching game, reaching targets the only motive.  A study of the Harvard business school of management has identified that if there is a need to develop, it is this instinct for business and not the core principles of business on which a whole lot has been written about.  Truth be spoken, this feel comes from connecting with inner self and understanding how the terminologies and existing implications impact our business decisions. 
Business as a whole was going through a bad patch, it had been 2 years since a good deal had been cracked in the region.  The Delhi-NCR region was well developed and the area had been notified as the subsidized zone and yet their was no business. 
The customer is always right is the only idiom we believe in.

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