the philosophy of business considers the fundamental
principles that underlie the formation and operation of a business
enterprise; the nature and purpose of a business, and
the moral obligations that pertain to it.
One must draw an important distinction between the philosophy of business and business philosophy,
which is an appellation that one often hears in the business world.
More often than not, the latter designation is intended to denote a way
of doing business or a business outlook, a popular use of the
term philosophy, instead of its more formal, academic meaning.
My business philosophy was to MAKE MONEY, I Made enough money to raise our family.
Now that children are grown and they are making more money than me, my philosophy has changed.
Ok eh, good! It's always a pleasure to read from you. What do you think about 'consumer society' I don't know if that is the correct expression. In french we say 'la société de consommation'. Let me ask it to Mr. NatOnline.
What will be our life in this century. Many new countries are doing business competition. The competition is becoming high. what is your competition now? What is your philosophy of business now? Please tell your experiences. John
Emile, You asked O K
A Bangladeshi child eats a bowl of rice. An American child plays with a plastic
doll. A woman in Finland talks on a cell phone. A man in Zimbabwe fills his car
with gasoline. A Japanese woman reads a newspaper.
there are more than 1.7 billion human beings in the consumer society—and
their numbers are growing yearly. In many cases, excessive consumption burdens
societies with bulging landfills, declining fish stocks, and rising obesity levels.
Meanwhile, there are still another 2.8 billion who consume too little and who
suffer from hunger, homelessness, and poverty.
our consumption choices have on the planet and our fellow human beings. From
factory-farmed chicken to old-growth lumber to gas-guzzling cars, many of the
things we buy support destructive industries. But businesses, governments, and
concerned citizens can harness this same purchasing power to build markets for
less-hazardous products, including fair-traded foods, green power, and fuel-cell
the good life, we asks whether a
less-consumptive society is possible—and then argues that it is essential.
I think business is helping people find what they want and finding a way to make money from that process while still making the customer happy.
You're right Mr. Webillions. Do you think that what Luckiest explains is possible?
People can change? in their habits? Thank you.
Making money doesn't mean money in my pocket, but also investing to promote my business, to pay services, products, shipping, etc...
This is hard to make money these days with all the competitors.
My business philosophy is providing products people are looking for, and helping people from Hawaii to promote these excellent products to everybody.
Money is not my main goal, but I need some to run my business and pay bills ;-)
"La société de consommation" meaning consumer society is how our system work, trading was also a way long time ago, so the principal to work for something in exchange always existed :-)
That's well. You're trading fair. Hawaï is an US Iland, isn't it? Graet success to your business now. I think that the important time is now, to do things. It doesn't depends about a year. 'Conjoncture is an other thing. But the economists can't prevent future. Merry Christmas! Thanks a lot. Emile.
Yep Emile the 49th State of US is Hawaii ;-)
I don't trust ecomomic expert most of the time they are wrong.
Merry Christmas to you too
Nat, a piece of interesting trivia:
Hawaii was actually the 50th state admitted to union on August 21, 1959 (Alaska was 49th, admitted in January, 1959). I lived in Hawaii then, and everyone expected it to be admitted first -- so dozens of businesses with the name 49th State something popped up in the late 1950s -- e.g., 49th State Bank, 49th State Motors, 49th State Records, etc. -- and many of these still exist under that name!
Lots of people believe that it was the 49th state for that reason, but it was actually the 50th.
Emile you are right Hawaii is the 50th state of the US, I don't know what I was thinking because on my page about Hawaii I put the right info :-)
Yep the funny thing about this I kwew that and I fall into this mistake myself too lol
My best Business Philosophy is find a need and fill it!
A GOOD QUESTION, LETS CALL IT PAY IT FORWARD.
THE BEST TO YOU
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strictly for cash
Do you think that things could be better if all 1/3 world countries starts economic growth and overcome misery? What to think about a Marchall Plan for Africa now? This shouldn't help for the world economy? Thanks.
The best way to cheer yourself is to try to cheer someone else up. +--Mark
Maybe, Christmas specials - my
favorite is "A Charlie Brown Christmas."
This is because
I'm obsessed with Snoopy, but mostly because I think it has the nicest
message of any of the movies shown this time of year. Namely, that the
true meaning of Xmas isn't getting loads of presents or impressing
people with your decorations.
2. Find a specific product or service that suffices a need within any market of persons or industry.
3. Understand complete demographics of target market.
4 Reach to the need or the result of not having that need met.
5. Record results of your reach to market.
6. 80/20 rule: 80% of your profit comes from 20% of your customers.
7 .Continually analyze your business. Ensure product is of equal or better quality then competitor.
8. Find competitors weekness, as well as own. Find competitors strenghts as well as own.
9. Success: What did you do right? Failure: What were your mistakes?
10. Start back at number one, and make business adjustments as needed.
Thanks for your advices. We should all work with those principles.
I am by no means a business advisor, and I am sure there are mistakes to my business processes.
I would have to say SCORE is the best resource for business philosophy.
Thank you for the compliment it is appreciated.
I run my own marketing company and I have had a CSR (corporate social responsibilty) initiative since day one. My CSR initiative is to offer non commercial artists a chance to be part of an exhibition and the chance to win a scholarship each year (my company finances all projects). I do it because I am interested in art but also because business often does not 'value' art (its not accountable on any balance sheet) and I think artists have value and human spirit that is often disregarded or ignored.
Where possible, I encourage my clients to develop their own method of CSR but some clients dont take the opportunity and think its a waste of money and that is completely fine. Those who developed a CSR program have told me they are so pleased they instigated a level of CSR at their workplaces and believe there is more meaning and connection to their company now. I think it depends on individual company culture and direction.
Dear Sir, Dear Madam,
Congratulations for what you're doing for artists. Have you read all others contributions? Can you replay to some of them. Ideas are for sharing, that's why we're hear. There is many things to do in Africa, for example, and many beautiful countries there are very secure. We know all that Africa will be the next Eldorado's for this century, why hesitate again for investing there? Thank you.
Just a little anecdote about me:
At my spare time I write script for the cinema. I study that at university in Brussels. And I like to help new singers and actors; I'd like to develop this activity in a charity organisation.
My next big social project is to sponsor a football club in Kinsangani where I was playing in my young years. We was champions with the Santos Club in the 3d division of Tshopo in Kisangani(oriental region) in Democratic Republic of Congo in 1968. I was playing with the number 10. It was wonderful. Other clubs wanted to buy us and we had fans and girls supporters. Great time. That why I love that country. THX.
Make all the friends you can on the way up, because you'll need them all on the way down... ; )
'Work every day like you're never die and pray God like you're going to die tomorrow.' This is the Mourides business philosophy from Tuba, Sénégal, Africa.
'Business is the only work to do in this world' says the Bandande ethnic group in DR Congo.
The ethnic group of Bakusu says 'No one of us has to work for anybody else as a servant'.
The Babua in oriental region of DR Congo says ' We are going to build our country ourselves, without any help' These ethnic communities are becoming the most prosperous people in Africa.
Doing business must to be always a life philosophy. Merci!