April 13, 2011

Business: Not a necessary evil

"My father always told me that all businessmen were sons of bitches, but I never believed it till now"

- J. F. Kennedy

What I today realized is, more than anything else, MBE is an endeavour to correct the definition of 'business'. While most of us agree that what we learn here, is more like a fairytale and there is a real world outside.

But, today I really am fascinated, to try it for myself. Business is all about people, as we say it here. Could people be so cruel not to accept something in their own favour?

I've tried to explain people what we mean by Excellence, but have lost them the moment i say "business is not only about making money" Maybe I should not try to explain, rather act! The results here are all long term.. If nothing else, atleast I've learnt to keep trying..

I wonder business or trade in its earliest form was a win-win phenomenon. What has made it change to win-lose?

I am not sure if it is my childish mind that I get convinced so easily, but this does get me thinking! Of new ideas to do things in the best way, to integrate knowledge, to use it to the best of my ability, to be creative..

- 4 comments by 1 or more people Not publicly viewable

  1. I also find the concept of ‘Excellence’ really hard to explain to people who ask me about my degree. I usually end up muttering some rubbish about improving the quality and performance of people, processes and products, through management, but I don’t think it really does the concept justice – it is so much more.

    We really are trying to redefine business, and basically in the way that Deming has been explaining since the 1950’s. I think, in the future, when I work, I’m just going to keep copies of Out of the Crisis and the New Economics on my desk, and whenever I need to make a decision or work out a better approach, I’ll open one of the books and apply something to my situation. The harder part will be coaching people to see it for themselves. It only remains a fairy-tale if some of us don’t try to make it happen, right?

    13 Apr 2011, 14:40

  2. perhaps the “capitalist business” is something that we are living in all the organisations nowadays… it si truth that for many companies (different from ONG’s and even for some of this) the profit is the principal interest. We agree that one of the focus of the organisations, is to get results and in the case of the shareholders interests; these results are “money”.

    Have you invested previously in a business? or if you plan to do it what is your expectations about getting your savings into an opportunity? What about if the money that your investing is your life savings, or the savings for the university fees of your children (im not asking you in here to evaluate the moral or ethics of this decision… just to analyse what are your interests and expectations about the business?)

    On the other hand i dont agree with you that business in the earliest was based on the win-win model, or is feudalism a form of win-win?? since commerce exist has not existed competitiveness? taking advantaje of the others?... businesses need a change of mentality from its roots and excellence in business is aiming to that, is not just about the economic results, also business should include in the equation people, society, development, product,etc. results… in my own opinion it is also a matter of changing the culture of the society itself… we should start creating this model of win-win in every situation (games, sports, education, politics) just then it can really applicable in all the other areas.

    13 Apr 2011, 20:38

  3. Right Yanik. It is not a new concept, though it is alien.
    I totally am in the favour that business is set up to earn a living. When you do an effort, you expect returns. All I mean when I say this is, that is this it? Money is a means to sustain oneself. Is it just the motive of life? TO sustain? And why is this so embedded in our minds that working cannot be related to being happy?
    Anyways, it is just about looking at long-term. All I realize is, that over time humans in the workforce have developed short-sightedness, and this is the key setback barring excellence.

    13 Apr 2011, 23:25

  4. It is clear, that for many people and I include myself on it; work is about being happy… i really like the words that Steve Jobs (CEO of Apple Computer and of Pixar Animation Studios) used in his speech on Stanford university. he said: “If today were the last day of my life, would I want to do what I am about to do today?” And whenever the answer has been “No” for too many days in a row, I know I need to change something. These words probably defined my future and in a way made me in the past made some difficult decisions, like choosing and studying this master.

    I really believe that probably is not about the whole concept of excellence that your approach is wrong… is more about the statement that you are using to approach to people. It wouldn’t be different if instead you say; “it is a fact that business are based on the return of interest (profits) but in order optimize the organisation for all the stakeholders and get the better results in terms of people, customer and society, it is necessary to introduce excellent practices, processes and products”.

    I think that it has the same objective but it is showing a different picture.

    16 Apr 2011, 17:20

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