Many amongst us believe that the only way to measure success in a venture is by the total money they make. In my opinion, this is one of the indicators of the success of the business. Other indicators include resources like human capital a company has; also how much an organisation is giving back to the society.
One of the resources a company has is money, however, what is more valuable for an organisation is human. The number of people believe in companies' beliefs and aspirations decide the fate of a venture. Money is the output or end result of such belief. We can take the example of Elon Musk, people have been following him through thick and thin, that he would do something that would change the world and the end result is he has developed various ideas which are revolutionary and people are in awe of those products.
Business success is measured by analysing what the company ethics are, ethics often forms the thinking and approach of a company. A business with high ethics and moral ground would mean that an organisation is not going to do anything which would take their name down in the short or long run. This gives a sense of security to the people working and also investors.
In conclusion, we can say that although money is an important resource for a company, often money is the outcome of various resources a company acquires. The first and most important thing a company gets is the beliefs and ethics which attract humans to believe in the ideology of the company and the last thing it gets is money.
Many
amongst us believe that the
only
way to measure success in a venture is by the total
money
they
make
. In my opinion, this is one of the indicators of the success of the business. Other indicators include resources like human capital a
company
has;
also
how much an
organisation
is giving back to the society.
One of the resources a
company
has is
money
,
however
,
what is more
valuable for an
organisation
is human. The number of
people
believe
in
companies
' beliefs and aspirations decide the fate of a venture.
Money
is the output or
end
result of such belief. We can take the example of Elon Musk,
people
have been following him through thick and thin, that he would do something that would
change
the world and the
end
result is he has developed various
ideas
which are revolutionary and
people
are in awe of those products.
Business success
is measured
by
analysing
what the
company
ethics are, ethics
often
forms the thinking and approach of a
company
. A business with high ethics and moral ground would mean that an
organisation
is not going to do anything which would take their name down in the short or long run. This gives a sense of security to the
people
working and
also
investors.
In conclusion
, we can say that although
money
is an
important
resource
for a
company
,
often
money
is the outcome of various resources a
company
acquires. The
first
and most
important
thing a
company
gets
is the beliefs and ethics which attract humans to believe in the ideology of the
company
and the last thing it
gets
is
money
.