Views
9 months ago

JK PANORAMA FEBRUARY ISSUE 2018

PLOP ANALYSIS The

PLOP ANALYSIS The tradeoff between profit and loss is the real meat on this bone, because profit is not always or invariably desirable or aimed at. Shantiveer Kaul The business tool that comes handy for this business class is called PLOP analysis, where PLOP is the imagined acronym for Profit, Loss, Odium and Plaudits. Every successful business executive, or political leader as in the instant case, computes the profit or loss of every single action, utterance, stand or position paper. The tradeoff between profit and loss is the real meat on this bone, because profit is not always or invariably desirable or aimed at. You must know how to make a strategic loss to be counted as a top drawer politician. fter having worked in the public sector and before going independent, I worked for a period in the Aprivate sector. The work ethic being staggeringly different from the staid protocols of government was actually the lesser of challenges awaiting me. The bigger challenge was learning a whole new language and that too without the benefit of any pedagogic instruction. In short, I had to learn on the job and learn in double quick time so that I could hold my own among other managers and departmental heads. I had to get a working understanding in about a month of very nearly everything they taught you in business school. And seeking help from colleagues was a strict no-no as that would put me on the defensive across the entire hierarchy of the company and become a permanent handicap. The online resources that we take for granted these days were not there in the eighties of last century. Computerisation (in India) was in its infancy and internet non-existent. The lack of basic tools can be understood by the fact that there was no such thing as Microsoft Excel, or any other application in the office suite including power point, and all our business planning, mapping and monitoring would be done on actual spreadsheets of paper. Pert and gantt charts would be created on these spreadsheets. It is in this environment that I had to learn what something like a SWOT analysis meant and how it could be used effectively for arriving at what we then believed were sound business decisions. Key responsibility areas, sound HR practices, standardised templates for day to day business activities – it was cornflakes for someone brought up on a diet of desi kulcha. In a later stint a decade later, while on the board of directors of a couple of companies, I saw how much the world of business had changed. The good old SWOT (strength, weakness, opportunity, threat) was not good enough. One had to do a SLEPT analysis before thinking of expanding business. And then there were the strategies – blue ocean/ red ocean and a few others for good measure. The SLEPT analysis has a direct bearing on the subject matter of today's column. SLEPT is an acronym 18 February 2018

for Social, Legal, Economic, Political you see one person who thinks beyond and Technological. Another variant of realpolitik? The great leaderaan of our this is the PEST analysis, which does not times are actually great business leaders, take the legal aspect into account. If one who lead in the business of politics – adds the variable of Environment to the whether it translates into votes or notes. mix, it becomes PESTLE analysis. Add They are not content being simply ethical and demographic factors and you leaders of people in the sense of get something STEEPLED – which is dedicated thinkers of their future wellmore recent and currently more being. If push comes to shove, they fashionable. SLEPT was, and is, would much rather deconstruct history routinely used to map the external than construct a future. environment of an existing or proposed The business tool that comes business and on the basis of strategic handy for this business class is called analysis chart a course for it. The state of PLOP analysis, where PLOP is the Jammu and Kashmir has routinely failed imagined acronym for Profit, Loss, nearly all parameters of the test, what Odium and Plaudits. Every successful with all the factors being continuously a- business executive, or political leader as flux (if one might coin the term) and that in the instant case, computes the profit or may well be the reason industry has been loss of every single action, utterance, so shy of investing here. Although one stand or position paper. The tradeoff can't entirely rule out the lotus eating between profit and loss is the real meat nature of us Kashmiris, at least the on this bone, because profit is not always probable managerial class among us. or invariably desirable or aimed at. You There has always, in every society, been must know how to make a strategic loss a class of very hardworking people who to be counted as a top drawer politician. work to earn a daily wage with respect As far as odium goes, no politicianfor self undiminished. The Kashmiri business executive wants it. Every one of lotus eaters, on the other hand, is content them loves a cheering crowd, fawning contemplating the navel lint of others hangers on and starry eyed followers rather than contemplating his own navel looking for stardust. In the business of and is far better analysing politics rather peddling old dreams, or pre-sold ones, than business. Not that politics is not new costumes are required to dress up the business. demonetized dreams and make them As to the matter at hand, that of believable and credible for people. It is politics being a business besides being really a tough job but then our savvy business – it is effortlessly so, especially politician is no softie. in as pickled a jar as Kashmir. Can you It is an oft forgotten fact that in think of a contemporary politician, of the slush and mush of political dreamany hue and colour, any denomination or selling, at times it is the odium that persuasion, who has the makings or catapults one right up to the podium. markings of tomorrow's statesman? Look at the length and breadth of the ~~~~~~~~~~~~~ state, look at its legislature and outside, look at registered or recognized political (This article appeared earlier in a Srinagar based daily) parties and unrecognized or unregistered ones. Now look at the whole of leadership and all the workers in this great galaxy of 'servants of people'. Do 19 February 2018

JK PANORAMA OCTOBER ISSUE E-MAGAZINE
Issue 85 / February 2018
The Voice of Southwest Louisiana February 2018 Issue
Product Book February 2018 Issue 109
Pittwater Life February 2018 Issue
PowerPoint Template - Institute of Peace and Conflict Studies
Global Reggae Charts - Issue #10 / February 2018
Round Table EOG Newspaper February 2013 Issue - Egypt Oil & Gas