Joseph's "Just My Thoughts"

The physical value of a book is a measurable cost of paper, printing, and labor charges, but estimating the value of the book’s contents is difficult. Most intangible values are similarly challenging to assess. We purchase the intangible value of a book at its physical price. When revenues are generated, the added value produced can be realized. These revenues arise solely from sales, which are based on price, not value. In essence, there is always an imbalance between price and value, and this imbalance determines whether one is wealthy or poor. Management is the act that shifts this imbalance in my favor. - Joseph’s “just my thoughts”

Value and price are different. Value results from relative comparison, and the numerical expression of this result is price; however, value and price do not always align. If the price-to-value ratio is positive, the seller makes a profit while the buyer incurs a loss. Conversely, if it is negative, the seller faces a loss, and the buyer gains a profit. Transactions occur at price, not at value. Handling the ground differs from selling without knowing that gold is buried and purchasing with that knowledge while keeping it hidden. The disparity between value and price creates a divide between wealth and poverty. - Joseph’s “just my thoughts”

The reason managers need to know poetry is that it can inspire them to solve problems. Poetry consists of statements, similes, metaphors, substitutions, and transpositions, and this function serves as a tool for addressing issues in management. Statements identify the core of the problem, while similes and metaphors ignite the imagination to foster problem-solving. Substitutions and transpositions facilitate the connection and application of methods for resolving the issue. Rhetoric is a valuable key to problem-solving that enhances critical thinking; after all, it is an issue of application. - Joseph’s “just my thoughts”

In mathematics, a state without contradictions is defined as ‘true,’ and in morality, it is called ‘good.’ However, in management and politics, contradiction is used by organizations and the public to control or to win or lose the hearts of people. In other words, contradiction is the criterion that defines the state in the conceptual world, but it is a tool that determines the state in the real world. Therefore, contradiction is a problem to be solved when defined as an idea, but when acted upon, it is the center of balance that sets the order between contradiction and truth and rebalances the relationship where more importance should be placed. Contradiction is a divine device that prevents human beings from being arrogant. - Joseph’s “just my thoughts”

In a society and organization where we live together, balance and dedication are essential. Balance refers to the proper allocation of resources within the organization, while dedication means devoting energy to others. This balance and dedication are always necessary whenever we are with others, yet contradictions arise here. In other words, the energy for dedication emerges when the balance is disrupted. Since both cannot be established simultaneously, it is important to maintain the cycle properly. First, we achieve balance; then it is disrupted for a while, necessitating the devotion of our energy, after which we need a cycle to regain balance again. Organizations function within this cycle. - Joseph’s “just my thoughts”

If I’m poor now, it means I’m more likely to become poorer in the future. Statistically, that’s the case. If you don’t have the money to go to the hospital now and you don’t seek treatment, you could suffer from cancer in the near future. Paying now reduces the risk of greater expenses later. Consequently, the rich can purchase the same goods or services at lower prices than the poor. The same principle applies to knowledge and health. Interest is a cost. If you don’t acquire knowledge, interest will accumulate, and if you neglect your health now, interest will also increase. We often forget that an expense is revenue for someone else. - Joseph’s “just my thoughts”