THE WORLD IS CHANGING SO FAST
CHANGE IS INEVITABLE
During the press conference to announce NOKIA being acquired
by Microsoft, Nokia CEO ended his speech saying this "we didn't do
anything wrong, but somehow, we lost". Upon saying that, all his management team, himself included, teared sadly.
Nokia has been a respectable company. They didn't do anything wrong in their
business, however, the world changed too fast. Their opponents were too powerful.
They missed out on learning,
they missed out on changing, and
thus they lost the opportunity at hand to make it big. Not only did they missed the opportunity to
earn big money, they lost their chance
of survival.
The message of this story is, if you don't change, you shall be removed from the
competition.
It's not wrong if you don't want to learn new things. However,
if your thoughts and mindset cannot catch up with time, you will be eliminated.
Conclusion:
1. The advantage you have yesterday, will be replaced by the trends of
tomorrow. You don't have to do anything
wrong, as long as your competitors catch the wave and do it RIGHT, you can lose out and fail.
2. To change and improve yourself is giving yourself a
second chance. To be forced by others to
change, is like being discarded.
Those who refuse education will definitely learn the lesson the hard
way.
Examples:
A) Today the conventional taxi drivers cannot compete with new concept..uber or grab car
B) When digital camera was introduced, Kodak is out!
C) When Alibaba comes, retail shops are suffering
.....etc
Similarly in the insurance industry the changes are
unavoidable, getting tougher and unless a newer simpler faster approach is
being employed otherwise many people are caught unprepared.
Business environment is evolving so fast..talent and hard work are
not good enough, it must be supported by a sustainable contractual structure & creative concept.
Buss has revolutionized the Life Insurance industry in Malaysia with a unique business model that transforms the lives of Malaysians by having adequate protection caused by critical illnesses. Thereafter, leaving a legacy to all concern- both customers and consultants.
Buss has revolutionized the Life Insurance industry in Malaysia with a unique business model that transforms the lives of Malaysians by having adequate protection caused by critical illnesses. Thereafter, leaving a legacy to all concern- both customers and consultants.
The ability to see the invisible, the willingness to get out
from comfort zone will propel you to another level envied by many. Buss has the way!
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