Demand & Supply

The real problem with the economy does not stem from war, politics, or even supply and demand. The problem originates when there is no accountability and inadequate efficiency. This lack of commitment by the companies has created the chasm. A company is created to drive the economy forward, not to create a deficit at the consumers expense. There are several factors to consider before you can seriously understand this economical dilemma. The primary previously mentioned is the lack of commitment.

Commitment has an arguable definition so for the case in point we will use the moral definition. Commitment for this paradigm means the complete dedication to providing the best product or service. The reward for providing these products or services is growth not profit. The companies’ obligation to the consumer should always be the main priority and focus for the company. If the company cannot effectuate to provide the consumer the best product or service possible than the company should be responsible. With the current supply & demand archetype the consumer bears the responsibility with the form of increased taxes to cover government subsidization and / or increased cost of product and /or decrees in influx of income to the economy (this is usually seen in the form of downsizing). This leads me to my second case in point. Who is really at fault or rather who the hell is really accountable?

Accountability is established from the top to the bottom. Since a company is built from the ground up, so are the systems and rules that create the product or services sold. In today’s marketplace of constant acquisitions and management changes accountability is lost. The consumer then pays the price of being forced to purchase products or services that they did not want. This creates a communication gap between the consumer and the entities that were responsible for managing the user. The managing entities new growth now becomes a large liability over all therefore decreasing the value of the whole. In essence the company that acquires a new company assumes the same level of what it acquired not vice-versa. Is this a problem or is this business, or rather, free enterprise? The problem is the solution in this case. Convergence of accountability and commitment are required to stimulate stagnation. That is why we have technology.

The reason technology has changed drastically in recent years is due to consumers requiring new systems to increase efficiency or entertainment. In recent years we have seen the speed of computers increase more then 10 fold. We have also seen other technologies become mainstream like cell phones, pda's, and mobile computing. To support these new technologies software was created to handle the massive amounts of information that was readily available. In addition to software new forms of communication and new languages were created. Several companies capitalized by taking advantage of the technology when it first came out but failed to continue following the technology curve. Hence, new systems and technologies were created to assist the few who realized that this transition would never stop. The old concept of "If it ain't broke don't fix it" is still being practiced widely. Until companies can learn to continually use the new technologies, the economy will remain stagnant and eventually it will crash.


There is a solution to this problem. Wouldn't you like to know it? If your company is not accountable or efficient I want to say "thank you". Your ലക്ക് of understanding will allow me to control your market share.