Friday, July 4, 2008
They are flamboyant… They are talked about every where… Their father had a humble beginning and grew the business in front of their eyes… After his death both together took over the conglomerate and finally, in this journey of so called success, they both split to grow further! They have the best possible influence in any possible governance of the Country.
Interesting ….is it? I had read many articles about them and in one of those, I came across a sentence mentioning that ‘wealth creation is no more considered a sin in India’ and hence they decided to join and continue with their father’s business…!! As a matter of fact, the genuine way of wealth creation was never considered a sin in India and it is all the same ever.
As a common man, I was always an admirer of them and used to quote them as visionaries, in my interactions with many people across the country. Of late, I had an opportunity to evaluate some of their group organizations to find out how some of my clients can do business with them and in the back ground check, I was startled to know that they never keep up their promises as far as financial commitments are concerned and hence, I recommended my clients to ignore the proposals, however big and promising it may seem to be… Recently, in an interview in a leading news channels, there was a question asked by the interviewer to one of these brothers…that’s when the other one opened an IPO and got over scribed by the public…!!! She asked when shall she expect an IPO from him ( The other brother who was interviewed) and his answer was that he has enough money, so he doesn’t have to go to the market. But now my question is that the money he is arrogantly boasting of having is whose money…? His business associates and the service providers and the suppliers of his organizations are the scape goats………!!! Is this ethical? I know there are many small time service providers who literally cry to survive due to either late or no payments from his organizations…!!! And you are in the process of building a billion dollar home for yourself and you are in the list of first ten rich people according to Forbes business magazine…and so on…!!!
Despite all the accusations his late father faced, he was never reluctant to pay his associates. He used to understand the need to feed them as they were the back bone to his growth…? Is it that this son of that father forgot that a business is built on the values it carries over a period time? Or is it the beginning of the End, which may eventually come over a period of time……? It could be possible that despite all the sophisticated systems they had put in place, the people in the mid-management levels are goofing up things in order to achieve appreciation and there by their personal gains by sycophancy and a virtual improvement in the cash flow at the cost of poor suppliers and service providers.
As far as these poor species of suppliers/ Service providers are concerned, neither they have the strength to fight the huge muscles of such a conglomerate, nor that anyone will help them in fighting these ill practices..!! Many of them tried to borrow and sustain and eventually perished in the process as the margins with such a big deal used to be always wafer thin…and some of them terminate the contract and write off what is due to them.
Is this the right way of wealth making? Is this what business is all about? Is this the ethical way of doing business? This particular way of wealth creation is still a sin anywhere in the world. People simply don’t bother to think about others when it comes to money…!!
Many a times I used to wonder whether I’m wrong in expecting the business to be ethical..?! However, each time I come across some of the well run business which do not vary on policy decisions and very specific & clear about what they promised, what they are doing and what they want to do?, I am reminded that I’m not wrong. These business groups commit only what they can do and nothing else…!! Very clear and ethical and their business is steady for years together and some of those business houses are older than both these brothers…!!
My request is that I still have great appreciation for their achievements and what I expect from them is that they will have a periodic feed back from the public & associates which should be able to keep them informed of what’s happening around…
I don’t aim to be the number one in what I am doing…I would like to be a good human being doing ethical business for safeguarding my investors’ aspirations by doing an ethical and legal business respected and appreciated by every one associated with me.
Have you ever felt like the walls are closing in? Does it seem you have hit that ceiling and have gone as far as you can go? What about the experience of having the bottom drop out? It sure can feel like life has boxed you in, which makes you feel congested or suffocating…To Cultivate Change, my philosophy is that each of us is at some time constrained by:
- our beliefs and assumptions
- our learned behaviors
- our ability to evaluate our experiences
- our fears and resistances
- our definition of our “self”
- our distorted sense of reality
These are the 6 walls life presents us with to keep us boxed in. As you feel pressure or resistance from these “walls”, you may find it difficult to catch your balance. However, you should realize that there are skills you already have, which when paired with the right strategies, will actually allow you to easily leverage whatever experiences to bring your way…
It has been said that, with the right attitude, any thing is possible. Attitude does play a role. However, if you hold on to past experiences or make assumptions, you are pulling in on the walls that keep you where you are, in that comfortable place. If you continue to do things as you always have, how do you expect things to change? If you believe what you always believed, your results will be similar over and over again. Albert Einstein said, “The definition of insanity is doing the same things and expecting different results”. Something other than our circumstances must change in order for us to experience a different outcome.
Desire + willingness to change = Action & Action + Purpose = Fulfillment
Change is inevitable. Change is constantly occurring. The more we resist change, the harder our lives tend to be. And life has its own way of moving us forward. Some of the biggest hurdles to our progress come in the form of “life changing” events such as health issues, job loss, car accidents, and an act of nature. Many charities have started as a response to a “life defining” event for someone. Laws are established in response to a situation in someone’s life that was not desirable. Every change makes an impact on many people. You choose whether the impact on you is positive or negative.