Tuesday, September 16, 2008

A person in need is a patient indeed...




A person in need is a sick person indeed..

That's what I have been telling my students today. Be truthful to the market. Be truthful to their real needs, a dying need, so to speak. A person in need is a sick person indeed. Not now but sooner or later the manifestation of a sick person or organisation could be real if the needs are not efficient and effectively served.

Merrill Lynch and Lehman Brothers has been serving the wrong side of the needs of the market. Question is, are the needs for real? It is not a genuine market. It is just a bubble. After 158 years of existence, Merril Lynch runs short of true business ideas. So is the investment bank Lehman Brothers which employs 25000 employees world wide has filed the chapter for bankruptcy. Why? They have lose sight on the realities of true living and surviving need of the American market. As such they worked and managed on the need fantasies as opposed to `fitrah' of all sides, markets and employees. Finally, Merril Lynch and Lehman Brothers are humiliated by the `true global force of needs and competition' just like the greatness of Texas is being humbled by the hurricane named `ike.'

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