It is very meaningful and informative.
A few observations have to be made at this juncture. Frogs in a frying pan with constantly rising temperatures is an obvious controllable situation. But market trends are very unpredictable. Most of the market movements are very speculative. But frogs in the frying pan are absolute and definite. In highly volatile market situations like ours, share markets drop dead even if our Finance Minister says he will resign. If one of the Ambani brothers falls ill, the share market is affected.
What I would like to share with everyone is, no doubt this is a good example, but we need to see beyond this to understand the market trends. And it is not as simple as the story depicts.
Good work, sir Raj. Keep sending more...!!!!
Sudhakar
From India, Hyderabad
10A few observations have to be made at this juncture. Frogs in a frying pan with constantly rising temperatures is an obvious controllable situation. But market trends are very unpredictable. Most of the market movements are very speculative. But frogs in the frying pan are absolute and definite. In highly volatile market situations like ours, share markets drop dead even if our Finance Minister says he will resign. If one of the Ambani brothers falls ill, the share market is affected.
What I would like to share with everyone is, no doubt this is a good example, but we need to see beyond this to understand the market trends. And it is not as simple as the story depicts.
Good work, sir Raj. Keep sending more...!!!!
Sudhakar
From India, Hyderabad
I unfortunately read the article days later today. This is undoubtedly an enormous essay I have read. Being in the management of a reputable company, I definitely feel that this article represents the situation well. Each giant company waits until its last breath before it goes for a change.
From India, Patna
From India, Patna
Dear Sudha,
What you are talking about is market risk, and there is no control over the market. The story being conveyed here is that your product style and services should change, and you should also understand your immediate surroundings.
For example, there is a famous case of Iridium mobile. They produced satellite mobiles, but it never took off as desired because there was no proper research done, and no futuristic planning was involved. As a result, the phone never became popular and was phased out within three years with the introduction of cellular phones.
Business risks are different from risks arising due to faulty calculative methods in risk analysis.
Regards,
Octavious
From India, Mumbai
What you are talking about is market risk, and there is no control over the market. The story being conveyed here is that your product style and services should change, and you should also understand your immediate surroundings.
For example, there is a famous case of Iridium mobile. They produced satellite mobiles, but it never took off as desired because there was no proper research done, and no futuristic planning was involved. As a result, the phone never became popular and was phased out within three years with the introduction of cellular phones.
Business risks are different from risks arising due to faulty calculative methods in risk analysis.
Regards,
Octavious
From India, Mumbai
Dear Sir,
I am shocked after reading the story. It is fascinating to see how change takes place. It is a natural human phenomenon to adjust to situations. We keep on adjusting until it reaches its highest peak, and when it becomes unbearable, it is often too late.
Good one... Keep posting.
Thank you,
Rameshwar
From India, Mumbai
I am shocked after reading the story. It is fascinating to see how change takes place. It is a natural human phenomenon to adjust to situations. We keep on adjusting until it reaches its highest peak, and when it becomes unbearable, it is often too late.
Good one... Keep posting.
Thank you,
Rameshwar
From India, Mumbai
Dear Colleague, It is areally interesting story and a indication for self-development, which in normal course people are not able to understand except HR people. regards spsadar
From India, Nagpur
From India, Nagpur
Hi Sir,
It is an excellent story with the best example to understand the situation of the changing organizational culture. If the top management understands this point, every company will survive in the market and never face downfall.
Thanks & Regards,
Meenakshi
From India, Delhi
It is an excellent story with the best example to understand the situation of the changing organizational culture. If the top management understands this point, every company will survive in the market and never face downfall.
Thanks & Regards,
Meenakshi
From India, Delhi
This is great! For those interested in more on Change - read Our Iceberg is Melting by John Kotter. I am attaching a brief summary of key points for benefit of our community
Yes .. I believe, Prediction, forecast especially mindset important to take it forward the change management.. Any disagreements?? Please post�
From India, Hyderabad
From India, Hyderabad
Yes .. I believe, Prediction, forecast especially mindset important to take it forward the change management.. Any disagreements?? Please post�
From India, Hyderabad
From India, Hyderabad
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