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Friday, September 2, 2011

Rise and fall of companies

Studying the rise and fall of companies very interesting. I am a great fun of studying history and I am today mesmerized to study about the rise of a giant company Samsung. There is a great inspiration I get from realizing how great fortunes are made within a few decades. It is equally interesting to study the downfall of great companies such as Nokia. The following are the lessons I derive from the study.
  1. Innovation isn’t everything. There are great product out there but who knows about them, who have seen them and who has tried them out? You have genius ideas right? But will you bring them to realization?
  2. Go where the customers are - don't waste your time selling your product where it is not wanted or where you have great competition, just go where the customers are!
  3. Celebrate your mistakes - Everybody makes mistakes. Let your mistakes build you up by avoiding to go that route again.
  4. Cautiously embrace change - Don't be like Nokia, when android come don't stick to Symbian or otherwise we will soon forget about you! However don't jump to every new thing without a thought, give every new idea time and thought before switching
  5. Take a cautious approach to cash management - keep some of your profit for tomorrow, diversify and share some with society

Thursday, September 1, 2011

The Parable of the Talents

 I remember very well the word given to me by God when I started working after college "Do you see a man skilled in his work? he will serve before kings, he will not serve before obscure men" Proverbs 22:29
Recently I was reflecting of the parable of Jesus about the talents Luke 19:12-28. About a master who went on a journey and left talents to his workers; he left 5 talents to the most able work, 2 talent to the less able worker and a talent to the least able worker. The parable goes on that the most hardworking worker was able to double the talent while the lazy one decided to bury the talent and give it to his master as intact as he gave it to him. Something ticked into my mind! After all God has given talent to every person in the earth, some big and others small. We christian think and translate this parable to mean spiritual gifts in service of the church members. For a long time I have had this version of interpretation to this parable. I now believe it applies to everyday life and moreso to individual careers and abilities. This is where spiritual matters meet with someone occupation. Many people will be disappointed in heaven when they realise that it is not more of what they did in church or for church than as much they did in their careers that will be counted in heaven.
The book of revelation displays a picture of Jesus returning with recompense in His hand to pay every one according to their work Revelation 22:12. Now I understand what will be paid - mostly is what you did at your work place!!!!!