Sunday, January 27, 2008

Mission Statement

The timeline of human presence on Earth is quite short in the grand scheme of things. Science can’t tell us how we got here or what our true purpose is. Our meager existence is somewhat irrelevant. For these reasons, I feel that people should do what makes them happy. However happiness should be carefully evaluated.

As Americans, we always seem to be looking for something bigger and better. Infinite money, the best things, and no worries seem to be the American dream. Will attaining these things bring happiness to me? Studies say it’s extremely unlikely. Scientifically, happiness levels in humans maintain a constant. You are as happy now as you ever will be. (That’s good news for some of us.) Studies conducted on lottery winners show that unless you were happy before you won the money, winning the money alone WILL NOT make you happy. Remember, having large amounts of money does not rid us of our problems… it only brings on a new, different set of problems.

My goals are very simple. I believe that no one person should suffer. I feel that the employees of a company are just as important as the leadership. I also feel that there are not enough jobs in the US… and that the lack of strong economic structure is hurting families. I also feel that the people are seriously being hurt by the corporate cutouts – like the lack of retirement and health insurance plans. I also believe that people will be more likely to care if they have a hand in what’s at stakes. I want to create a company which embodies the idea of the employee soaring with the company. When the company prospers, the employees prosper. I also understand the basic needs that drive us as humans.

The Company I would create would be based on three basic types of return; material benefits, solidary benefits, purposive benefits. Material benefits are self explanatory. Solidary benefits the socially derived intangible rewards, such as opportunities to develop relationships with other employees. Purposive benefits are ideological satisfaction an individual receives from seeing the accomplishment of the group’s goals. I would like to create a company which encompasses the old-fashioned idea which evolves from hunting and gathering tribal societies, we all work hard and we all do well.

Sunday, January 20, 2008

Blog fog...Low Visibility on the Retail Front

I picked up a copy of The Wall Street Journal on Friday after school. I read most of the publication and by the time I finished was in absolute shock...are the retail markets on that serious of a downturn? I mean, I knew the markets were doing poorly, but when I took the time to think about the implications of the satistics...and of course the media only tells partial truths and they won't use the word recession yet, because it is a verbal economic bomb - but the U.S. economy is in recession and has been on a downward spiral ever since 2001. The S&P Retail index has fallen 29% over the last 52 weeks and the retail market is not the only one sinking...what about the housing crunch? The third quarter of 2007 had the lowest percent of people applying for mortgages since 1989. People aren't buying anything, whether it is products or services. Right now most people are wearing the mental card guard, the one in the back of your mind that reminds you of the bill before you swipe.

Retailers say that they "haven't faced so many difficulties since the deep economic downturn 1990-1991 which pushed many off track" (TWSJ, p B1). These dates all have a similar theme. This all might make sense when you examine our political encounters, both past and present. I believe politics are related to everything we do. Capitol Hill has controls on many aspects of our lives. Lawmakers in create the grounds for business and the markets to operate by.

So, ... What do retailers need to avoid economic recession in 2008? 2008 Elections and a miracle.

The very first blog...

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