Tag: attitudes

  • Markets and distribution

    One of the things we learnt early on in economics is that allocative efficiency which the perfect competitive market seem to move towards is efficient in terms of maximising social welfare even if distributionally it is skewed. In other words, by using the ability to pay as the final arbiter for who gets the goods…

  • Market values

    When you try to sell your house, you take reference off the market price. You determine essentially the ‘market value’ of your house and then try to sell your house for that price. When you do eventually meet an interested serious buyer who makes an offer, you then haggle until you agree upon a price.…

  • Unintentional greenwashing

    In this whole green wave there’s lots of hype and one of the dangers that corporates put themselves is being cast as greenwashers. The challenge is that some corporates might just be doing it unintentionally, without having realised the hypocrisy surrounding their brandishing of green credentials because they did not realise how much harm their…

  • Superconnections in organisations

    Organisations work in silos and we often talk about breaking silos because it is a real problem. What is interesting is how silos form naturally and what keeps them functioning and feeds the way human behaves. The truth is that majority of people connect well only with a handful of people around them. It’s all…

  • Con-sulting II

    The role of language in business varies from culture to culture. And as the economy goes through greater prosperity, marketing takes hold at generating more interest and demand, even for goods we don’t fundamentally “need”. Just recently, while in a bookstore section where they sell little gifts and trinkets, my wife mentioned to me “the…

  • Coffee stories

    When I was doing my masters in New York, I was drinking about five cups of coffee a day. On occasion, it could be five cups of double shot. I had this coffee subcription app that allowed me to order unlimited normal brews at $45/mth and those specialty coffees at $85/mth from a base of…

  • Small firm

    The small firm is the original basic unit of analysis of business in economics. It is one who is more or less a price taker, trying to somewhat differentiate themselves but having a pretty short cost curve and goes up somewhat quickly. These firms are supposed to proliferate in the market, not grow. In fact,…

  • Time for millennials to get out of the boomers story and write their own

    Rice Media’s Ivan takes on what he calls The Boomer’s Mentality on ‘Hard Work’ in Singapore was a refreshing characterisation of the workplace issues faced by the millennials of this island state. I previously wrote about how the boomers taking ‘motivation’ for granted is a big problem for the younger ones. And I shared mostly…

  • What did you expect my motivation to be?

    What motivates you at your job? What gets you out of bed every weekday and makes you pounce on the challenges in the workplace, gets you to talk to people who may be unpleasant and gives you strength to overcome late nights? What are you working for? I’m thinking of asking these questions to my…

  • Are we all working for the right rewards?

    In this year, one of the things I’m going to focus on working for the right rewards. In 2021, I stepped out of my comfort zone, becoming more conscious about the most critical question facing millennials living in a world that the boomers have built: “Do I stand and watch the show saying ‘this is…