Manage risk by Risk Management.
Prevent avoidable exposure as risk can’t be eliminated. It can only be reduced.
Rosh explains risk using a funny management joke.
“Have a budget. It helps you determine and set your limits. Stay within your limits. तेते पाँव पसारिये जेती लंबी सौर (tete paon pasaariye jeti lambi saur - meaning stretch your feet only so far as your quilt goes).”
“Isn’t it better to stretch the chadar (expand the capacity, income etc.),” asked Isha, “than to restrict our paanv (our dreams, plans, or expenses)?”
Be informed to spot opportunities in business & life.
Learning business management becomes easy, when Sunny shows the benefits of being informed using a nun joke ...
Get Perspective. Know what you want to learn & why you want it!
Learning becomes fun or boring depending on our perspective.
Interesting story on how to learn...
"I'll grant you guys a wish each now, before I go," he said to show them his gratitude, "So long as it is reasonable, you can have anything you want. So tell me, what would you like?"
"I've never heard a Jinn put a reasonability condition on wishes before granting them!" the contractor laughed.
Shouldn’t I benefit from fruits of my labor?
Employee engagement is driven by purpose, recognition & monetary incentives.
Insightful tale on worker demotivation ...
“Going without is not failure… it merely opens up a void for the things that you really want.”
“Life is about choices and you just can’t have it all because you will always be tempted by beautiful, useful things.”
Rosh tries to follow the money to gauge where growing worldwide debt & money printing might lead us.
Was the wealth effect in NZ just a game of musical chairs?
Executive decisions screw the minions regardless of who is at fault.
A dictator’s minister avoids being mauled by dogs, but Rosh is dubious of the story message...
Concentration of Kiwi wealth in houses may be concerning, but it has helped NZ stand out as the best deliverer of prosperity in the world in the past decade.
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