10 Mar 2012
in Travel Stress
Tags: acute, adrenaline, aggression, arrive, beat, blood, body, bumper, car, city, clench, common, crisis, damage, dent, distance, distant, drive, driver, endanger, enrage, extreme, face, fight, fire, flight, form, frustrate, grind, hair, handle, health, heel, hurdle, identify, immediate, inside, international, jam, jaw, job, large, late, level, long, mean, mechanism, medical, meeting, mild, muscle, offend, option, outside, People, polite, poor, pour, pressure, primal, problem, pulse, question, race, ready, rise, roof, short, shoulder, shut, significant, slow, soar, spasm, spent, stand, start, stomach, stomp, strap, stress, studied, timeframe, tip, travel, truly, turn, ugly, usual, vehicle, work
We travel to get to work, we travel during our work, and we travel to get to distant meetings. Travel comes in all forms: short and long timeframes and short and long distances. For most people, the commonest hurdle is the daily grind to and from work. This is most acute in large cities. The problems are truly international, but some of the ugliest and best-studied traffic jams are now everywhere.
The levels of stress that this brings are extremely significant. For those who handle it poorly, it can be damaging to their health, and may even endanger the lives of others. Medically, we know that stress mechanisms all fire at once when the body identifies a crisis. Adrenaline pours out, the stomach shuts down, the pulse races, and the hair stands up on end. The blood pressure soars, muscles clench in spasms around the shoulder tips and jaw, and primal aggressions rise, ready for fight or flight.
With immediate flight brings out of the question, more and more frustrated drivers are turning to the fight option—either inside their cars as they tip at the heels of slower drivers, or outside their cars, where they may stomp up and beat a dent into the roof of an offending vehicle. Even the mild and polite become aggressive when they strap themselves into their bumper cars to drive to work. This means they usually arrive late, enraged and spent before they even start to face the day’s stresses on the job.
My Consultancy–Asif J. Mir - Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, and my Lectures.
14 Aug 2009
in Firm Value and National Wealth
Tags: able, access, accountable, area, asset, benefit, build, business, capability, capable, capital, case, change, company, Competition, context, cooperation, creation, define, Development, diffuse, distant, economy, efficiency, effort, emphasize, enhance, ensure, ethic, evolution, external, facilitate, firm, focused, foot, framework, freedom, government, hamper, healthy, impersonal, incentive, industry, information, institution, intellectual, joint, level, leverage, majority, manager, market, market driven, maximize, mutual, nation, national, need, nimble, optimal, Organization, outcome, ownership, policy, potential, predominant, private, process, progress, property, public, regulation, require, right, root, sector, seeking, separate, shareholder, significant, stakeholder, standard, state, synonymous, transparent, unleash, Value, wealth
The wealth creation process of a nation cannot be seen separately from that taking place at the industry level. Hence, unless a nation is able to unleash the value creating potential of each organization, its over-all progress in this context will be significantly hampered. Incidentally for each firm to maximize its wealth creation potential, the need for private ownership of capital and well defined property rights in all sectors of an economy cannot be over-emphasized. Private sector business organizations will ensure that their managers are held accountable for the way they use the company assets, and the outcome thereof. When the firm level ownership is diffused (as in the cases of public or joint sector companies) and the majority ownership is predominantly with distant and impersonal state, there is no incentive for intra and inter-organizational cooperation for mutual benefit including wealth creation.
Since the wealth creation process of a nation is synonymous with that of its organizations, macro policies of governments of nation states must facilitate evolution and development of organizations that are focused, market driven, efficiency and change seeking, nimble-footed, and also capable of building and leveraging capabilities, all required to create wealth not only for their shareholders, but also for other stakeholders, including the government. For such value creation to take root within an organization, the external context must be right—market economy, healthy competition, transparent regulations, strong institutional frameworks in all public policy areas, clear intellectual and other property rights, freedom to access information and high ethical standards. If a nation is state is not able to put in place the required public policies in these areas and also no effort is made to simultaneously enhance managerial capabilities to create value, its wealth creation effort will always remain sub-optimal.
My Consultancy–Asif J. Mir - Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, Line of Sight