Sunday, May 13, 2007

Passion for Work Equation

The most precious resource for us in my mind is definitely Time. The reason is pretty simple, whatever commodities, products or goods that we want is obtainable through means through the marketplace, but Time is something special.

It cannot be bought, sold or traded. Once the Time has passed, there is no turning back and it just goes relentlessly forward without any consideration for anyone anywhere.

I have been so busy that I do not have the time to write nor read. Why? Its all because work... obviously, this is one activity that should not consume anyone, but countless people like myself are being overwhelmed by the workload.

The crux of this problem is the current economic boom that we are experiencing. The paradox is that most companies still expect the costs of products/services should remain low (or better still be slashed even lower) while profits/revenue should continue increase higher and higher. Costs in this context means not hiring more people to perform the never ending work that is being generated. The greed of humankind is limitless.

So, how does it relate to my previous posting which talks about passion for work? Well, I can only express it in as a equation as below:

Passion for Work = Good Work Satisfaction (Emotional/Morale) + Great Compensation (Financial) + Adequate NonWork Time (Precious Resource)

Any element out of this equation will result in a lower passion for work. But I think the most important lever is the third element. Without adequate time for personal, spiritual and family; disatisfaction will increase and and ultimately result in a loss of work passion. No amount of great compensation will then be able to help uplift satisfaction or passion.

1 comment:

Journeyman said...

Agree with you that time is the most precious commodity. The workplace reality is that the values of publicly listed companies are measured by their gains in the stock market (something called "increasing share-holder value"?). CEOs must crack their heads (and justify their insane "compensation" packages) to increase that value. The simple equation of profit = revenue - cost means that one way to achieve that gain is through cost-cutting which to us mortals means less headcount for the same amount of or, better still for the bean counters, more work.