Starbucks and Values

In the beginning, Starbucks had 9 consecutive years of losses in China! Today, a new Starbucks opens up in China every 15 hours!! Starbucks focused on employees and their families!  #HowardSchultz
#ValuesAndProfit

Rajiv Bajaj, MD Bajaj Auto

"I believe in what someone said, we dont inherit the world from our ancestors. We borrow it from our children!"

Purpose of Business

Rajiv Bajaj, MD of Bajaj Auto : "The purpose of every business should be to ask what's unique about us, otherwise there is no reason for us to exist."

Economic Times Panache, Feb 23, 2017

Paradox of Growth

Genpact Cofounder Dheeraj Pandey: Dunigan O'Keeffe says that "growth is what you aspire for but growth creates complexities of all kinds - business complexity, organisational complexity, product complexity. And complexity kills growth!
So all the things that you aspire to achieve are exactly what will kill your growth."

Economic Times, Feb  24, 2017

Success is a lousy teacher!

Success is a lousy teacher. It seduces smart people into thinking they can't lose. And it's an unreliable guide to the future.
Ref : Bill Gates, 'The road ahead'

Managers vs Leaders

"Managers light fire under people; leaders light a fire in people." Kathy Austin

Wealth, Unhappiness and the Right goal

"People who are very high in extrinsic goals for wealth are more likely to attain that wealth, but they're still unhappy," Ryan told me.
Or as Deci put it, "The typical notion is this: You value something. You attain it. Then you're better off as a function of it. But what we find is that there are certain things that if you value and if you attain them, you're worse off as a result of it, not better off."
Failing to understand this conundrum - that satisfaction depends not merely on having goals, but on having the right goals - can lead sensible people down self-destructive paths.

One of the reasons for anxiety and depression in the high attainers is that they're not having good relationships. They're busy making money and attending to themselves and that means that there's less room in their lives for love and attention and caring and empathy and the things that truly count, " Ryan added.

Ref : Daniel Pink, Drive - The surprising truth about what motivates us.