Wednesday, June 27, 2007

I Inc.

What if I were a company? What would I focus on? What would be my positioning?

I got this crazy idea while writing SOP of that dreadful TAS application form. Though I did not write it then, I think thats quite interesting idea.

Aim of a company is to satisfy its stakeholders - employees, customers, shareholders.There are some companies known for taking care of their employees but not necesserily no. 1 in their field. There are others who make excellent products for the customers but rank fairly low in employee satisfaction.And then there are others...who do neither of it but somehow are shareholders' darling. Each one is right in its own respect. Its just that they are focussing on different aspects.

Similarly, aim of a person is to satisfy stakeholders - friends, relatives, his work organization.But there is a difference. Company on its own is a non-entity but a person is probabely the biggest stakeholder in his own life.

Hence it always boils down to prioritising the stakeholders in our life.Depending on our priority we can choose to focus more on friendship, relations, professional life or self fulfilment.It obviously includes the balancing act that most of us try to achieve.

Though temporarily a particular stakeholder may get attention more or less than what it deserves, in the long run prioritising the stakeholders will always guide to a decent and satisfying life.

There are some other thoughts drifting in my mind on this topic..but will pen it later