Escape...
Fight or flight are the two universal responses to problems.
Fight is the response where one retaliates to establish that one does not intend to surrender
Flight implies escaping from the hostile environment hoping that one is able to run away from the problem.
Both these responses can be of value at times but often they are sub optimal.
For example, how do other countries respond when one powerful country imposes high taxes on imports?
The fight response would imply the other countries also impose high reciprocal taxes.
But this can lead to an escalating trade war.
Something similar can happen when the equilibrium of competition in an industry is disturbed when a new entrant drops prices leading to a price war.
The flight response is one where the victim pretends that there is no problem and hopes that status quo will return with no action on its part.
Often the most mature response is not to have a knee jerk reaction nor pretend that there is no problem but rather understand the situation and navigate it through dialogue and out of the box thinking.
This approach holds in international affairs, for corporates and at individual levels.
Let us learn not to have knee jerk reactions or run away from problems but understand the problem in order to resolve it.
The government has been trying to ensure ease of doing business by relying upon computerization, digitalization and even artificial intelligence in some cases. The efforts may have had mixed results. Doing a successful business is every entrepreneur's dream. The foundational drive of startups is just this, as also the lure of getting recognition for one's innovation. The fast paced work environment is full of strategies, plans, reviews and all things significant. Internet, mobile technology and emails have made communication and connect so very easy and quick that over a period of years we have come to heavily depend on it. A day without anyone of the above seems empty and tiresome.
With globalization the sky is the limit for all businesses. With the right framework in place, one could do business across countries and reap the benefits in terms of revenue and recognition. As much easy as it sounds, the accompanying risks cannot be overlooked. Cybercrime is one such risk that has grown in alarming proportions and has translated into an unimaginable net of nefarious activities. Cybercrime refers to any criminal activity that involves the use of computers or computer networks, either as a tool for committing a crime or as a target of attack. It encompasses a wide range of illegal actions, including hacking, phishing, identity theft, and malware attacks. Cybercrime has become increasingly prevalent due to the widespread use of computers and the internet for various activities. Taking into consideration this comprehensive meaning of cybercrime, it becomes imperative for all businesses to exercise care and caution.
Crime is defined as acts violating laws and norms. It is a complex social issue with deep roots in various societal factors. It affects individuals and communities through economic losses, fear, and disruption of daily life. The recent spate of horrendous crimes like kidnappings and killings of business professionals for ransom are a wake- up call for all those who rely on the modern technology for business growth. The enticement of securing a mega contract worth crores is something not many would bypass. Fraudulent entrapping emails, deceitful or hacked websites, illegal representation as company or government officials and smooth talk of big money, have become a common con game, which unfortunately have had devastating results.
Doing due diligence, in case of business opportunities, networks, and also employee recruitment has therefore become an express need for all. It may be farfetched to say that one would never encounter such deceptive attempts by criminals; but turning the tables on them can be done if one maintains a calm and cool mind, a rational thought process, along with a good understanding of the social and economic realities and of course the guidance and support of team members and advisors.
"Crime is common. Logic is rare. Therefore it is upon the logic rather than upon the crime that you should dwell.”
I had a joke about paper today, but it was tearable.
Why can't a nose be 12 inches long? Because then it would be a foot.
It’s difficult to say what my wife does- She sells seashells on the seashore."
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