We are certainly in the midst of a once-in-a-lifetime set of economic conditions. It seems that everywhere I travel to and everyone I meet, people are focusing on the bust. People are spending their waking moments focusing on the dramatic changes, on the money and jobs lost, the challengine times ahead and the fact that business & life will never be the same again.
The moot point I want to make is that we can brood endlessly over these problem, replay certain thoughts, events, memories over and over and over again and end up feeling more lousy and miserable. The gloom & doom picture is replayed constantly by news & business channels;)
Sometimes there just isn’t much you can do, certain things happen, certain situations arise and they are beyond our control, no matter how much we try to break things down. You have to learn to accept some things, let go, and move on. Its hard to do, but you need to do it for your own Peace and Sanity.
One way of easing this is to loose the need to FEEL IN CONTROL, try and let things UNFOLD and stop JUDGING yourself and the world. Be like water my freind”. Flow in life and don’t try and form water to make the shapes you want.
Certainly while the size and scope of this economic dislocation is unprecedented. I don't think there is any stopping the forward march of the India economy.. And in the long run, let us call it the pause that the global economy is imposing on India. We will get past this one. Its indeed the best time to be in India and to be Indian!
Have fun, maintain your perspective and have a great 2009!
every down turn has its list of opportunities as well… like the stock markts for instance ,… you could pick up some of your dream companies which earlier was impossible at cheap rates… everything has a silver lining
While companies get creative and innovative to stay afloat, it is quite depressing, especially for companies who have seen double digit quarter on quarter growth rates and now suffer to maintain last quarter levels!! Its the slog period - the period where you sweat to get the basics and the models right - so it is lot of work and rest assured that “play” is around the corner…T
While this is a wonderful message…nobody seems to care about the long run? More people are over enthusiastic with the I told you so’’s than hoping and trying to fix the problem. It is obvious what kind of people will come out of the problem first; the I told you so guys or the fix it guys. All we can do is hope we are in the right company and try to influence the company.