Wednesday, February 18, 2009

Way out of present Recession

The story is inspired by Kewat liiti wala who puts up his kiosk outside Kamani Centre in Bistupur , Jamshedpur

So the story...

It is about a man who upon a time was selling “Litti” by the roadside

He was illiterate, so he never read newspaper

He had some hearing problem, so never listened to radio

His eyes were also weak , so never watched television.

But enthusiastically, he sold lots of littis.

He was smart enough to offer some attractive schemes to increase his sales.

His sales and profit went up

He ordered for more and more raw materials .

He recruited few more supporting  staff to serve the increasing customers.

He started offering home deliveries and taking party orders. Eventually he got himself a big shop in the area.

As the business was growing his son who just graduated from college , joined his father’s business

Then something strange happened 

The so asked the dad , “Aren’t you aware of the great recession that is coming our way.

The father said, “ No, I am not aware about it , but tell me .

The son said, “ The international situation is bad.  The domestic situation is going to be worse. We must be prepared for the coming bad times.

The man thought that since his son has been to college and listens to radio and reads newspaper his advise must not be taken lightly.

The next day he cut on the raw material orders , took off all the special schemes, removed the decor of his restraint and laid off his employees.

Very soon fewer people and fewer people bothered to stop at his shop because of the lost sheen and the various offers been taken off.

His sales came down and came down rapidly his profits.

The father said to his son, “ Son u were right. We are in the middle of a crisis and I am glad that u have warned me ahead of time.”

MORAL of the story: Its all in our mind. And actually we FUEL this recession, mush more than it is by not hiring people.

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