PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
The Fox 5366
 
Comments: 35
Article views: 1010
 
 
Latest Badges:



 
View all The Fox 5366's badges.
 

Dog eat dog capitalism

22 June 2013, 17:46
The sad truth about modern business is that if you want to be successful, you have to directly lead to others' failure.

Think about all the glowing success stories you hear about. Your company will praise its departments which grew their revenue, and criticise those which showed a loss.

It makes me think about sport, where we all want our favourite sports team to win, and bay for blood if they lose more than twice in a row.

This principle is arguably present throughout life, but it's hidden in business. When we set out to launch a new product or service, we aren't given pep-talks about putting other people at our competitors out of jobs. When we are hired, we aren't notified how lucky we are in the face of all the other still-jobless applicants.

If you consider that on a national scale we're all just passing the same basket of money around in the country, this isn't surprising at all. Yet somehow Business, which cannot focus on ethics and long-term consequences, ignores this. In Donald Trump's words: "It's not personal, it's just business."

Where all this gets particularly twisted is that businesses will set themselves annual growth targets, and individuals will personally look to improve their bank balances every single year. How can we set goals like that?

If all businesses stayed operational and equally motivated, and nobody was fired, no growth would be possible. Only in the business world could zero growth of that nature be considered a 'bad' thing.

But fear not, merry capitalists, for although you'll hear about people who've gotten retrenched, and you'll drive past businesses which have closed down, you probably won't be personally exposed to that tragedy *touch wood* [in reality, chances are you will: far more low-key failures are required to achieve far fewer stellar successes]

To think that for every company celebrating a killer year there were probably dozens which had to close in order to surrender their potential revenue back into the pot cheapens the overall spirit, doesn't it? And how about senior managers: how many people got fired in order to afford their mega salaries in their new promotion?

If this article is coming across all negative, it's not meant to be. Ultimately, it's just a call to reduce the pressure on ourselves: if your business can meet its overheads, and you can pay off your expenses, well done!

The sad truth, however, is that I see salespeople on the sharp end of capitalism being set these targets required for growth, and where no growth is achieved the salesperson clearly wasn't good enough and gets fired. That can never be right: there always has to be winners and losers, and the sooner you accept that continual growth is only achievable through matched continual failure the sooner you'll be happy to be 'in business' at all.

We don't need to have a positive mindset. We need to prepare ourselves for failure. That's not pessimistic: it's just the cold side of business.

Side note: if you spend all your life applying for a job as a manager and never get there, don't take it as a personal reflection on your skills. It's just a numbers game, and the majority of the population will never get to the middle of the pyramid, never mind the top.
Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
35 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
Dr Johann Serfontein
Office of Health Standards Compli...

The fate of the Government’s National Health Insurance (NHI) project could be decided before it even started.  Read more...

0 comments 620 views
Submitted by
PoliticallyCorrect
I refuse to be called Black. I am...

I always refuted being called Black. Once, I posted on Facebook that I do not approve to being called a black person, simply because I am not. Read more...

0 comments 273 views
Submitted by
Leslie Fivaz
Assumptions...too often they're w...

Why is it that so many of our logical assumptions are just plain wrong? And why do we want to act as if they must be true? Read more...

0 comments 64 views
Submitted by
Jonathan Williams048
Passenger Safety on MetroRail tra...

Whilst MetroRail management pays most attention to making a profit and delivering a service to commuters there are the every day risks faced by thousands of commuters, that is the crime and seriousness of passengers not getting the real protection they deserve.  Read more...

0 comments 42 views
Submitted by
Revelgen
The TRUTH about e-tolling

Now that Sanral are becoming really abusive, it might be a good idea to look at the truth about e-tolling. Read more...

0 comments 4357 views
Submitted by
Danisa Alex Maphanga
The Recent Zuma court decision an...

Legal experts at times are missing the point according to lay person like myself. Read more...

0 comments 374 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2016 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.