Monday, June 30, 2014

How to lead a calm and pleasant life? Cardinal rule – FIFTY EIGHT; commerce and social wellbeing


Given the fact that commerce is a very essential for-profit social service, all individuals who are part of the commerce should realize the important roles they have to play for ensuring social wellbeing. Every service should be introduced, priced and maintained based on this philosophy. We should also remember that it is mutually complementary in a cyclic mode. Commerce with high levels of ethics facilitates social wellbeing and the social wellbeing in return promotes commerce. This kind of harmony is quite essential for a calm and pleasant life.

 
Practice it and make it a habit. Then the nature will make it sustainable by triggering necessary genetic engineering!  

Wednesday, June 25, 2014

Market dynamism …. Layman’s thoughts


The modern economics advises us to set markets free of regulatory mechanisms so that the underlying market forces shall naturally put balances on demand, supply and prices. The argument is correct in a way that naturally evolving capacities would be stronger, development oriented and long living. But layman’s suspicion is that, what would happen if governments withdraw all controls over the commodity prices and certain elements in the industry, on the other hand, try to put prices at some fictitious heights and push it further from there? There are chances for it to happen if someone or some group in the supply chain is/are aggressive in getting undue profit out of business – or want to see the market condition in a way pre-set by them. If it happens, then again, the natural market dynamism shall be upset as in the case of regulatory systems - perhaps in a manner worse than the regulatory systems.

The above anxiety is there in the minds of the layman all over the world. We cannot neglect these much massive anxiety as baseless. Because ‘anxiety’ itself is a mechanism engaged by the nature to balance something else to ensure a congenial environment for living. Therefore it has to be addressed properly. What we can do to ensure that market dynamism is not upset arbitrarily by some elements from the market itself?

Sunday, June 22, 2014

The chemistry of price hikes



Image attribution : commons.wikimedia.org
Commerce is an inevitable ‘for-profit’ social service. Even many components of ‘not-for-profit’ social services as well as services from the public institutions are also being influenced by these commercial services. In this context, one of the greatest challenges being faced by people all over the world is price hikes. The demand for price hikes and consequences of price hikes are nightmares of almost equal gravity. 

In open economies, which are driven by market forces, price hikes happen as a response to the internal as well as external demands. Consequently organizations and governments that deliver ‘not-for-profit’ services and public supply systems are also being forced to hike prices in the respective areas.

Most often price hikes cause inflation, because, after price hikes, people will get only fewer things for larger amounts. Irrespective of the fact that whether the price hike happens to major or minor commodities and services any price hike will trigger a chain reaction of hikes. Any such chain reaction will accelerate inflation. Ironically, this inflation would nullify the scopes for additional revenue expected by those who demand price hikes within a short span of time and that in turn creates further demand for price hike. 

Still price hikes may become necessary in an economy. In such cases, for the prosperity of any economy, the demands for hikes have to be analyzed scientifically and its causes have to be thoroughly examined to identify the effective mitigation measures.  As we discussed earlier, the factors that generate demand for price hikes can be internal as well as external. The internal factors can be like the internal policy environment, strength of the organization structure, efficiency of business transaction, promptness of the technology being used, wrong priorities, attitude of the management and the workers, demand for more wages and facilities etc. External factors can be like external policy environment, shortage of raw materials, price hike in some other elements in the supply chain, social issues, climate conditions etc. There should be efficient systems to correctly locate the factors that trigger the demand for price hikes and suggest effective mitigation measures other than price hikes. It is not the responsibility of governments alone, each industry and industrialist should take up this responsibility. Only then world can ensure an enabling ecosystem for economic prosperity.

Under any circumstances, price hikes should be like taking a deep breath during a strenuous work, it should not be like artificial respiration for long. We have to carefully watch and nourish economy timely to avoid the situations wherein it requires artificial respiration.

Friday, June 20, 2014

How to lead a calm and pleasant life? Cardinal rule – FIFTY SEVEN; between ‘for-profit’ and ‘not-for-profit’ services, which one is better for a calm and pleasant life?


Between ‘for-profit’ and ‘not-for-profit’ services, which one is better for a calm and pleasant life? Whether ‘for-profit’ or ‘not-for-profit’, the activities of human beings are triggered by the innate emotion to acquire and upkeep something of their own. Recognition also retains a priority position in the list of things (as an abstract thing) that human beings want to acquire. The lives of people get organized as a society only when this emotion for acquisition is linked to vivid objectives, which are capable of getting synchronized with the objectives of other individuals in the society, which in turn transforms into a social order that ensures sustainability and further progress to all. Therefore, the quality and effectiveness of support being provided by both ‘for-profit’ and ‘not-for-profit’ services for a calm and pleasant life is actually the sum total of the quality of personal objectives of individuals involved in delivering such services. When this condition is ideally met, both the category of services can facilitate a calm and pleasant life equally.

Practice it and make it a habit. Then the nature will make it sustainable by triggering necessary genetic engineering!

Wednesday, June 18, 2014

How to lead a calm and pleasant life? Cardinal rule – FIFTY SIX; commerce as a ‘for-profit social service’


When we say ‘commerce is also a social service’ we have to be clear that it is a ‘for-profit social service’. Making profit from a commercial activity for sustaining as an individual and entrepreneur as well as to keep the organization going and ever progressing is an acceptable motive as long as it contributes for social wellbeing. It means that the objectives of a commercial activity, its outputs, outcomes, percentage of profit and the usage of profit should always add value to the social wellbeing to make that commercial activity ‘acceptable’ and to classify it as a ‘for-profit social service’, which in turn contribute for a calm and pleasant living.

 
Practice it and make it a habit. Then the nature will make it sustainable by triggering necessary genetic engineering!  

Tuesday, June 17, 2014

How to lead a calm and pleasant life? Cardinal rule – FIFTY FIVE; need for ethics in commerce


Given the fact that commerce is a very essential social service, we see when we look around, prosperity marries calm and pleasant life wherever individuals engaged in commerce uphold high degrees of ethics. Similarly, wherever commerce seldom uphold any ethics, turbulences overwhelm lives irrespective of whatever material prosperity such places or societies are having. What does it mean? It means that commerce is an essential social service, which should uphold high degrees of ethics for social wellbeing and resultant calm and pleasant life.

 
Practice it and make it a habit. Then the nature will make it sustainable by triggering necessary genetic engineering!

Monday, June 16, 2014

How to lead a calm and pleasant life? Cardinal rule – FIFTY FOUR; Commerce as a social service


Commerce is one of the products of interdependence among human beings. It is also being regulated by the natural regulatory system in the ‘mind-nodes’ of each individual as we have discussed earlier. Commerce has the responsibility to systemise the conduction and fulfilment of a large variety of individual requirements through the medium of interdependence in a way supportive to the social wellbeing. It is quite essential for the sustenance of any society. Therefore commerce has to be handled as a social service, which in turn will ensure a calm and pleasant life.

 
Practice it and make it a habit. Then the nature will make it sustainable by triggering necessary genetic engineering!  

Sunday, June 15, 2014

On the father’s day



Human beings always look for an idol to organize their social engagements in the right way – it is a psychological requirement. On the other hand, generally respected idols influence the individual minds to structure their life in a way supportive to the social wellbeing. Perhaps, formation and existence of human societies heavily depend on this nature of the human beings. It is in this context, father as the first hero of the child gains importance.

Earlier, once became a father, individuals used to practice an intelligent refrain from all activities that may affect the healthy grooming of the child. They also used to become more disciplined in a way that supports wellbeing of the family.  They also wanted to be socially accepted individuals. The social wellbeing is ensured when wellbeing of the family is related to the social acceptability. Does it lack in the modern times?

As family being the basic unit of a society, becoming an ideal father is of utmost importance. Happy father’s day!

How to lead a calm and pleasant life? Cardinal rule – FIFTY THREE; healthy maintenance of social interactions




Interdependence among human beings is the medium through which various social systems transact.  The mind of each individual in the society is a connection node. This medium is open to any thing from ideas to commodities. However, civilizations evolve and exist only because a regulatory mechanism forms automatically in the connection nodes (minds), which restrict the transaction of things that are harmful to social well-being – of course, which is highly relative to time and place. However, healthy maintenance of social interactions enhances the quality of interdependence as well as the connected social regulatory system, which in turn ensures a calm and pleasant life.

Practice it and make it a habit. Then the nature will make it sustainable by triggering necessary genetic engineering!  

Thursday, June 12, 2014

Why should employer industries participate in skill development?



Majority of industry sectors find it difficult to mobilize human resource having required skill sets. This results in higher expenditure for recruitment, training and lower rate of productivity. But now, since almost all governments in the world implement skill development initiatives seriously, the scenario is changing in favour of the employer industry. Now it is the turn of the industries to exploit the benefits of this situation to the maximum extent possible.

The public money being invested in skill development would help the employer industries to reduce their training and development budgets substantially. After many decades, industry has now got a say in the HR development initiatives of the governments. What are the skill sets you require at each vertical in your industry? Be proactive and articulate and collaborate with the skill development initiatives to ensure that your requirements are well addressed.

This will create a win-win situation for both governments and the industries. While industries would be benefited as discussed above, the governments can ensure  industrial prosperity and better job opportunities to its citizens. 

How to lead a calm and pleasant life? Cardinal rule – FIFTY TWO; Need for quality interdependence


Need for Interdependence is the basic fact that creates human societies. The need for interdependence is actually a feeling that is being developed in individuals based on the sustained emotions one is having through regular interactions with the living environment. Therefore the quality of feeling for interdependence that makes each individual dependent and dependable decides the general behavior of the societies they form. It is bidirectional, because the general behavior of the society, in return, influences individual’s feeling for interdependence as well. Again, the quality of this cyclic action is very crucial to the harmonious coexistence of individuals in a society, which in turn makes the life calm and pleasant.

 
Practice it and make it a habit. Then the nature will make it sustainable by triggering necessary genetic engineering!