A big picture view is vital to manage Life’s Intangibles and unforeseen risks. Whether managing a nation, a
corporation or a single-family unit, the analysis; to continue, transform,
preserve or abandon operations, is the same. A constantly updated written plan
is the way to avoid or limit negative events. While, securing, nurturing,
educating and maintaining, all peoples and properties under charge, must offer
peace of mind. The goal is to produce a dynamic strategic plan, as complex as
it takes to manage a nation or as simple as it calls for to guide a family,
with detailed action statements referencing time and values.
Advice from The Best People is crucial. The people with constant access to data and
facts. Data gathered, sorted, compared, measured analyzed and presented from
original sources on activities. Facts on and about Government regulatory
agencies and divisions charged to grant licenses, permissions and give legal
advice. Data Driven Decisions are essential and must be made; in forecasting national
policies and budgets, in business operations strategies and accounting, or in
family plans and financing. While, each must utilize proven facts and
knowledge, resulting out of scientific research and development, in the
selection of methods and procedures to undertake and deal with life.
Capital Investment, initially
and continuously, must and have incorporated some level of Security,
Healthcare, Education and Infrastructural contributions. (SYNERGIES Reduce Risks) A nation or family must plan to secure
its children and other vulnerable people, to become productive and morally
responsible. Policies and investments to strengthen healthcare is also
very necessary and essential to produce the strongest people. Within a secure
and healthy environment, education is and can be a lifelong plan to transfer
skills and develop talents. Such, skills and talents, education is then
employed in Generational
Roles, by people to build and utilize infrastructure and to
continuously progress the human condition.
Fixed Assets procurement is
key to managing depreciation and principal protection. Long working asset life
care and proper scheduled maintenance are critical (Preservation and Growth) to preserve assets value and generate
earnings growth. Securing property against natural or man-made disasters, throughout
its expected working life, starts from usage design into trained best operating
practices. Hence, savings on asset replacement cost, which would add to
earnings, but would if security and maintenance are inadequate, erode national,
corporate or family wealth. Funds which could be better invested in
Research and Development, to drive Ideas
to Industry, to strengthen skills and talents, to better processes and
procedures, to improve valued national, corporate and family outputs.
The goal is to sustain
viability, assessing Constantly Transformed Policies, Projects and Programmes, measured by Free Cash Flow. Therefore,
the life manager or breadwinner must be surrounded by people of similar
mindsets. Such a life manager or owner must have prudent access to relevant
decision data. Knowledge from studies of ecology; land, sea and air, and
climate change. The life manager or executive must constantly be thinking of
operational improvements or synergies to produce better products and to compete
worldwide. And, this said life manager or prime minister must grow or improve
revenues and earnings by repairing or creating additional new jobs and
opportunities, continually bettering living standards in A Happy Society.
Rationale
T.A.J &
Associates Company Limited uses this occasion
to comment on topics that have been covered, both academically and by the mainstream
media, to add its opinion and point out investment opportunity, not to invoke
any social action.
