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Just my thoughts #0744

When building a wall with stones, the large stones are stacked, the small stones are filled in the gaps, and the spaces between the stones are filled with smaller stones and the final layer of sand. Although the elements that make up the wall vary in size, their roles are fixed, and each performs its part. None of them is useless. Management is the act of bringing together different characteristics and harmonizing them into one. There is no one worse than me; there is only me who ignores others. - Joseph’s “just my thoughts”

Just my thoughts #0577

The paradox of exclusivity . I can run my business alone, but I soon feel constrained by the competition. To overcome this constraint, I establish an organization and run a company, the purpose of which is to hire others to take my place. I can succeed in business only if I possess unique strengths that others cannot replicate. This is called exclusivity. However, as the business grows, I will encounter the limit of my own development, so I can surpass this limit by creating an organization to replace my exclusivity. The challenge arises that if I establish a system to replace my exclusivity, I will no longer be valuable to the organization. There exists a paradox where the transfer and reproduction of exclusivity are necessary prerequisites for development and growth, yet the original is ultimately discarded. Therefore, to avoid being sidelined within the organization, members strive for greater power. In other words, management is intertwined with politics . In HR management , this ...

Just my thoughts #0550

Victoria’s Secret once created underwear worth 1.9 million USD, adorned with diamonds and jewels. Of course, wearing such underwear in real life is impractical and may not sell, but once Victoria’s Secret produces it, media outlets worldwide will promote this underwear. When considering the promotional impact, 1.9 million USD is not wasted as a publicity expense ; the cash may be gone, but the jewelry-adorned underwear remains an asset, and brand promotion occurs globally, making it a genuinely profitable venture. Moreover, the existence of 1.9 million USD in underwear means that even if Victoria’s Secret products carry a higher price than competing brands , consumers may feel less price resistance . Spending money wisely is just as crucial as earning money. To understand the relationship between costs and assets , one must learn accounting . - Joseph’s “just my thoughts”