Thursday, October 18, 2012

On Business

Only businesses that meet three criteria can sustain as one or as a whole

- Purpose/Mind
Only those businesses which have a purpose that outlast cycles of universe can sustain: The love for humanity and the environment where humanity lives. Many public companies' "purpose" is to grow shareholder value. This is actually a result, not a purpose. So many companies are operating without a true purpose, that is why they can not last. Or in some family businesses, the owners want that the managers follow the family value - the value can only be followed when it goes beyond the family otherwise people couldn't care less.

- The organization/Body
From efficient manufacturing & logistics, from efficient use of capital to good balance, from smart strategy to deciplined execution. The organization can not function without human beings. And human beings can not function well without the understanding of the unified purpose. Any good purpose can not survive without or in a weak body. This is the problem with many charities.

- The type of business itself. Businesses that are closely linked to "love/to be loved" or "life" are sustainabe as a whole. That is why prostitution and medicine outlast all other businesses such as matches or computers which are fundamentally tools. The more the business is for pure function or for convenience, the faster it needs to be changed because environment, legislation and technology change.

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