Key Advice For Dealing With Crisis
Two companies are engaged in the production of shoes and choose to send their African market analysts as a way of expanding, to discuss market opportunities, feasibility, cost effectiveness and ensure ROI. And what happened next:
Company 1: After spending a heavy amount of money on travel and after more than a month of analysis and two weeks to write a report, the market analyst said the following, it is impossible to enter the African market, hence no one uses shoes all absolutely all go barefoot, I have been seeing strange to toe shoes that I used, so I recommend, get into the European market, there are no hotels here, has been one of the toughest experience of my life in Europe so hopefully after a couple of years to position ourselves among the best brands …. 20 pages later, I hope by my brilliant performance in the company, I named creative director and give me a bonus of sales in the European market.
Company 2: After three days, the phone rings and you hear the company following market analyst: Stop what you’re doing, I want to send three vendors and two containers of shoes, hotel do not worry, there are none here , I really enjoyed sleeping under the stars, we use the containers as temporary apartment, I’m surprised, upon arrival, the first thing I noticed is no one uses shoes, I imagine, no one uses shoes!, unbelievable and think before I thought coming into Europe where all the competitors in the world and take me years of strategies to enter … I had a day of being here and everyone stared at me at the feet that used shoes, I was surprised, I approached them and after three hours I have sold my shoes, two pairs that was in my suitcase and 10 pairs of samples, hints, and I urge my request met me, because I am organizing a marathon in which to compete will be obliged to wear shoes and prize winner will receive special edition sneakers I already have 6 competitors and hope to catch 500 more and more interested in buying sponsor’s company for the event, thank you for the opportunity, greetings to all.
One of the biggest problems we have identified, in small and medium enterprises has been lack of motivation, which in our area have motivational lectures available, after contact with these companies, their motivation is zero, basically take action for fear, afraid to fail, not to exceed their expectations of sales and growth, so this article, we have dedicated ourselves to that, you feel motivated to go ahead, read a motivational book, pay a motivational conference , listen to music, we know that the crisis has been tough and has beaten many, but the motivation may not go ahead. Read more
Our Pension at Risk?
The deep crisis in the financial world has been hooked on all those who are related to private pension funds and voluntary contributions or any part of the statement of solidarity. Sure, the thing in other country is not as serious as in the United States, but before such a tremendous financial risk is latent, without involving a red alert, even when taking into account the disturbing news January 2008 the pension system and unemployment had losses of more than 2 billion dollars and the recently announced as the same entity that following the bankruptcy of Lehman Brothers will hit at least five fund administrators Pension (AFP) for a value close to the 55,000 million pesos and that those losses could be reflected in the next few excerpts received by savers.
When you read things like these can not but be alarmed. But with all the information that we have, starting with the extracts from our own individual pension and unemployment and ending with explanations encouraging the Minister of Finance, I am convinced that we must not alarmed, at least for now. We’re not in the position of contributors in the United States, Mexico, Chile or Argentina, especially those who do the voluntary plans in the USA), which have seen their time away in a huge siphon money by the collapse in stock indices. Remarked here that the only case in U.S. funds, public and private pension and private retirement accounts of workers-the so-called 401 (k) – have lost nearly 30 percent of its value in the last year! Therefore, as the Superintendent, the impact of the latest loss is a minimum of 55,000 million (losses of the new year had already been recovered for the month of April) when compared to the overall volume of portfolio investment Fund Administrators handle the pension is 57 billion pesos, and also much of the investments of these entities have been playing safe and not toxic in the papers as it has gone abroad in the countries stated above.
All these reasons lead us to conclude that by now our pension not run more risks, but before the shocking proportions reached by the loss of pension systems in many countries of the world must demand much more control, more regulation and many further assurances from the Colombian state to make sure all the contributors to the monthly and may persist until death, to this point in the discussion include the possibility of returning to a full public pension.
