Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks
February 7, 2025
Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]
What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]
How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]
Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]
In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]
Employees are the backbone of every organization. They play a crucial role in controlling and also reducing the threats to organization. The major threat to an organization is a non serious employee who attends office just for the sake of it. Individuals need to love their organization for them to deliver their level best.
The first initiative towards reducing threat to organization is to genuinely develop a feeling of respect for your organization. Do not love your organization just because your Boss has asked you to do so. The feeling needs to come from within.
The moment you are loyal towards your organization, your productivity would increase manifold eventually benefitting the organization. Do not work just for your salary. After all money is not everything. Your career and professional goals are more important.
Keep confidential information to yourself. You can have best friends at the workplace but you really do not have to discuss work and team strategies with him /her. There are other things to discuss as well. Do not pass on information to your competitors. Trust me; it is in fact a crime to do so. If caught, not only would it spoil your entire career but also bring a bad name to you and your family. A sense of commitment towards the organization is essential.
It is unacceptable on part of a professional to share data, figures, balance sheets, salaries of employees, business strategies with not only competitors but also clients as well as friends within the organization. Data hacking is one of the cheapest activities an employee can indulge into.
Take care of your office property. Make sure your office machine is used only for official purposes and not for downloading movies, uploading personal pictures and so on. Use your office computer the same way you use your personal laptop.
Make sure the computer is switched off properly. Do not simply turn off the main button. It will crash your system. Your official email id should be strictly used for official purposes only and nothing else. Do not chat with your friends and relatives from your official email account.
Do not indulge in nasty office politics. Remember, going on strikes is not the only solution. Rather than indulging in unproductive activities, damaging office property, influencing co workers not to work, it is always better to sit face to face, discuss, sort out issues and reach to mutually beneficial solutions. Do not play blame games at workplace. Never spoil the work culture. Make your organization a happy place to work.
Respect organization policies. Keep important documents and files at proper places and make sure you lock your drawers properly before you leave for the day. Also lock your cabin properly so that no one else can enter and steal important data once you are out of the office. If you do not adhere to the security policies of your organization, do not be surprised if your competitor comes out with marketing strategies which you have formulated a month ago with your team mates. Lock your systems carefully. Do not keep common passwords which others can predict easily.
Keep your workstations tidy and never write important pass words, account details on loose papers. All important documents need to be put in the paper shredder first before finally disposing. You never know when someone can misuse the information written on them.
Memorize routes to safe areas from your work station in case of fire. Do know where the fire extinguisher is kept and also how to operate the same. An employee needs to know all emergency exits and also acquaint themselves with emergency evacuation procedures. Be prepared to face unwanted situations and remember never to panic.
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