Wednesday, June 15, 2011

Where is your Quarterly result?

I am always surprised by the quarterly result of successful companies. A lot of successful companies relentlessly grow quarter on quarter. They strive for some targets, achieve them and then move on to higher, loftier targets. They don’t halt to take rest, they don’t brag too much, they don’t get tired, they don’t give excuses. They do their best, and better that best very next quarter. Companies seem indefatigable whereas we human beings are so complacent, so very complacent.
We, human beings, look for growth in long term. And many a times we just lose track of time. Time just fly by us and then we wonder -- ohh the year is gone, ohh I’ve been thinking on this for past 6 years, ohh 4 years of graduation are gone, blah blah.

Why don’t we start declaring our quarterly results?

Quarterly/ bi-quarterly appraisals at work can serve the same purpose as quarterly result but in appraisals you tend to bloat your achievement in hunt of higher salary increment. So to avoid fudging data declare your quarterly result to yourself.
We make so many promises to ourselves, or give so much hope to ourselves, but things fade into oblivion during course of time as we remain engulfed in our mundane routine. And even if promises/hopes ricochet, we are so good at deluding ourselves. We have excuses ready for our every failure, every lapse.
Treat yourself as a listed company. You, owner of company, should be answerable to you, the stakeholder.When you are in stakeholder's shoes question ruthlessly why you, the owner, are not performing well. Wash down all your excuses and stop building castles in the air. Start declaring your quarterly results. In your quarterly result:

Give next year’s forecast: Write down what you want to achieve in next one year.
Give your quarterly profit/loss: Write down your successes and failures. Write down whether you are on right track to achieve your annual forecast or whether you need to alter the forecast.
Give your exceptional expenditure: Write down unforeseen blocker that caused dent to your milestones/achievements.

You can jot down a few lines at the end of every week to build a repository of your activities that you can refer and analyze later for declaring your quarterly result.

Am starting off with my quarterly result. Are you?

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