Wisdom – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 18 Feb 2019 12:50:24 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.9 Leadership & Business Wisdom http://www.pakistaneconomist.com/2019/02/18/leadership-business-wisdom-7-19/ http://www.pakistaneconomist.com/2019/02/18/leadership-business-wisdom-7-19/#respond Sun, 17 Feb 2019 19:15:42 +0000 http://www.pakistaneconomist.com/?p=25501 Controls for Nonmeasurable Events A balance between the measurable and the nonmeasurable is a central and constant problem of management. Business, like any other institution, has important results that are incapable of being measured. Any experienced executive know companies or industries that are bound for extinction because they cannot attract or hold able people. This, …

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Leadership & Business Wisdom http://www.pakistaneconomist.com/2019/02/11/leadership-business-wisdom-6-19/ http://www.pakistaneconomist.com/2019/02/11/leadership-business-wisdom-6-19/#respond Sun, 10 Feb 2019 19:15:04 +0000 http://www.pakistaneconomist.com/?p=25304 Managing Oneself: Revolution in Society Managing oneself is based on these realities: Workers are likely to outlive organizations, and the knowledge worker has mobility. Managing oneself is a REVOLUTION in human affairs. It requires new and unprecedented things from the individual, and especially from the knowledge worker. For, in effect, it demands that each knowledge …

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Leadership & Business Wisdom http://www.pakistaneconomist.com/2019/02/04/leadership-business-wisdom-5-19/ http://www.pakistaneconomist.com/2019/02/04/leadership-business-wisdom-5-19/#respond Sun, 03 Feb 2019 19:15:53 +0000 http://www.pakistaneconomist.com/?p=25095 The Infant New Venture Business are not paid to reform customers. Above all, the people who are running a new venture need to spend time outside: in the marketplace, with customers, and with their own sales force, looking and listing. The new venture needs to build in systematic practices to remind itself that a “product” …

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Leadership & Business Wisdom http://www.pakistaneconomist.com/2019/01/28/leadership-business-wisdom-4-19/ http://www.pakistaneconomist.com/2019/01/28/leadership-business-wisdom-4-19/#respond Sun, 27 Jan 2019 19:15:32 +0000 http://www.pakistaneconomist.com/?p=24819 Practice Comes First Decision makers need to factor into their present decisions the “future that has already happened.” Decision makers – in government, in the universities, in business, in the labor unions, in churches – need to factor into their present decisions the future that has already happened. For this they need to know what …

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Leadership & Business Wisdom http://www.pakistaneconomist.com/2019/01/21/leadership-business-wisdom-3-19/ http://www.pakistaneconomist.com/2019/01/21/leadership-business-wisdom-3-19/#respond Sun, 20 Jan 2019 19:15:02 +0000 http://www.pakistaneconomist.com/?p=24611 Long-Range Planning The future requires not just happen if one wishes hard enough. The future requires decisions – now. It imposes risk – now. It requires action – now. It demands allocation of resources, and above all, of human resources – now. It requires work – now. The idea of long-range planning – and much …

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Leadership & Business Wisdom http://www.pakistaneconomist.com/2019/01/14/leadership-business-wisdom-2-19/ http://www.pakistaneconomist.com/2019/01/14/leadership-business-wisdom-2-19/#respond Sun, 13 Jan 2019 19:15:39 +0000 http://www.pakistaneconomist.com/?p=24347 Balance Continuity and Change Precisely because change is a constant, the foundations have to be extra strong. The more an institution is organized to be a change leader, the more it will need to establish continuity internally and externally, the more it will need to balance rapid change and continuity. One way is to make …

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Leadership & Business Wisdom http://www.pakistaneconomist.com/2019/01/07/leadership-business-wisdom-1-19/ http://www.pakistaneconomist.com/2019/01/07/leadership-business-wisdom-1-19/#respond Sun, 06 Jan 2019 19:15:09 +0000 http://www.pakistaneconomist.com/?p=24021 Long-Range Planning The future requires not just happen if one wishes hard enough. The future requires decisions – now. It imposes risk – now. It requires action – now. It demands allocation of resources, and above all, of human resources – now. It requires work – now. The idea of long-range planning – and much …

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Leadership & Business Wisdom http://www.pakistaneconomist.com/2018/12/31/leadership-business-wisdom-53-18/ http://www.pakistaneconomist.com/2018/12/31/leadership-business-wisdom-53-18/#respond Sun, 30 Dec 2018 19:15:10 +0000 http://www.pakistaneconomist.com/?p=23802 Practice Comes First Decision makers need to factor into their present decisions the “future that has already happened.” Decision makers – in government, in the universities, in business, in the labor unions, in churches – need to factor into their present decisions the future that has already happened. For this they need to know what …

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Leadership & Business Wisdom http://www.pakistaneconomist.com/2018/12/24/leadership-business-wisdom-52-18/ http://www.pakistaneconomist.com/2018/12/24/leadership-business-wisdom-52-18/#respond Sun, 23 Dec 2018 19:15:54 +0000 http://www.pakistaneconomist.com/?p=23708 Business Not Financial Strategy “There ain’t no bargains,” and “You get at most what you pay for.” Successful acquisitions are based upon business plans, not financial analyses. Acquisition targets must fit the business strategies of the acquiring company; otherwise, the acquisition is likely to fail. The worst acquisition record of the last decades of the …

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Leadership & Business Wisdom http://www.pakistaneconomist.com/2018/12/17/leadership-business-wisdom-51-18/ http://www.pakistaneconomist.com/2018/12/17/leadership-business-wisdom-51-18/#respond Sun, 16 Dec 2018 19:15:46 +0000 http://www.pakistaneconomist.com/?p=23303 Managing Oneself: Identify Strengths It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity. You can learn to identify your strengths by using feedback analysis. This is a simple process in which you write down every one of your key decisions and key actions …

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