Paradox of Profits: Profit, one of the most prominent words in today's time, way above values & virtues, to an extent that the ones preaching on values & virtues may only get a listening ear or audience only if they have made hefty profits out of their whatsoever may be the profession. Be it a one time personal deal or an entire business the focus remains on the bottom-line and that is profits. ROI on time, resources & energy has to be higher at all times. Profits in any kind of business are different from benefits, interim or long term, and all that needs to be understood here is that strategies defined determines the profits & its growth. While benefits might be short term or interim gains while taking advantage of a given situation. Mostly benefits are mistaken as profits, whereas they are not a constant determinant of any business models & may at any point in time change into disadvantage. We will try to go with a case study For example, if a ...
Business Excellence Master Black Belt Lean Six Sigma MAULIK DOSHI