See Maa – The Giant Falling
Posted by Ashish Bavishi on September 28, 2012
In the recent news, I heard that the pioneer of Indian Messaging company has fallen flat ! Sacking 5 top employees the company tried to control the situation.
It was bit shocking but was not unexpected.
To understand the fall of the Giants, I found few reasons during my mental audit
– Wrong market assessment
– Unhealthy price competition
– Wrong proposition to the clients
– More Top line focus than the Bottom line
– Unethical business practice cheating the lenders (VC)
These things are not healthy and does not take business anywhere. We need to reassess right from Market Assessment, to Employee Assessment, Market Price and Bottom Line. There is dire need of understanding and practicing Ethical Business Guidelines.