*What is Recession????*
**
**
***The story is about a man who once upon a time was selling hotdogs by the
roadside. He was illiterate, so he never read newspapers. He was hard of
hearing, so he never listened to the radio. His eyes were weak, so he never
watched television. But enthusiastically, he sold lots of hotdogs. He was
smart enough to offer some attractive schemes to increase his sales. His
sales and profit went up. He ordered more & more raw materials and buns and
use to sell more. He recruited few more supporting staff to serve more
customers. He started offering home deliveries. Eventually he got himself a
bigger and better store. As his business was growing, the son, who had
recently graduated from college, joined his father. *

*Then something strange happened. *

*The son asked, "dad, aren't you aware of the great recession that is coming
our way?" the father replied, "no, but tell me about it." the son said, "the
international situation is terrible. The domestic situation is even worse.
We should be prepared for the coming bad times" the man thought that since
his son had been to college, read the papers, listened to the radio and
watched TV, he ought to know and his advice should not be taken lightly. So
the next day onwards, the father cut down the his raw material order and
buns, took down the colorful signboard, removed all the special schemes he
was offering to the customers and was no longer as enthusiastic. He reduced
his staff strength by giving layoffs. Very soon, fewer and fewer people
bothered to stop at his hotdog stand. And his sales started coming down
rapidly, same happened to his profit. The father said to his son, "Son, you
were right. We are in the middle of a recession and crisis. I am glad you
warned me ahead of time". *

*" What can we take away from this story?? *

*How many times we confuse intelligence with good judgment? *

*Choose your advisers carefully but use your own judgment *

*A person or an organization will survive forever, if they have the 5 Cs *
**
*         * Character    *
*         * Commitment      *
*         * Conviction *
*         *Courtesy *
*         * Courage *
**
*The tragedy today is that there are many walking encyclo-pedias that are
living failures. The more practical and appropriate views on this economic
recession is: "this is the *
* time to reunite together for any small or a big organization, this is the
time to motivate and retain people which are the biggest asset, this is the
time to show more commitments to the customers, this is the time to show
values of our company to the world. *
**

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