Dynamic Balance
73 pages
English

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73 pages
English

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Description

Have you ever made a decision or executed a plan that fell short of your expectations? Many times when we ponder why, we realised we missed out certain key considerations and factors.

How we wish we could turn the clock back to consider them in our decision and plans? Well it is obvious we cannot do that. So the next best thing is to make sure we have all the key information, considerations and factors listed in the first place before making that important decision or building the plan.

This book is informative, easy to read and will guide you step by step in making better informed decisions, building and executing your plans for success.

You would be surprised that this concept is flexible and can be applied to different scenarios from building business strategies or just making better decisions in your day to day lives.

Start making your best informed decisions and plans today!

Sujets

Informations

Publié par
Date de parution 26 mai 2016
Nombre de lectures 1
EAN13 9789810992170
Langue English

Informations légales : prix de location à la page 0,0250€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.

Extrait

Ebook Edition
ISBN: 978-981-09-9217-0
Published By: Benjamin Tio
Copyright © Benjamin Tio 2016
All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording or any information storage or retrieval system, without permission in writing from the author or publisher.
 
 
 
 
Dedicated to Singapore’s founding prime minister, Mr. Lee Kuan Yew,
who turned a small island nation into a developed country in 50 years
Preface
Over a span of more than 25 years, I have had the opportunity to serve different global IT companies and have enjoyed the privilege of playing various roles, gaining exciting experiences as well as invaluable hindsight. Naturally, over the years, I have also had a strong urge to strike out on my own and dream to start my business. Once I even tried to trade for a living to stay financially independent. Thoughtful plans were made; however, many of them did not go off well. In fact, I lost some hard-earned money but have become much wiser and perceptive as a result.
I asked, “What’s wrong here?” “Why am I not able to succeed like many individuals that we read about in the news or books (e.g., Warren Buffett, Bill Gates, Steve Jobs, or Nick Vujicic, born without hands and feet, is even more successful than me! Google Nick Vujicic to find out who he is!).
At school, I came across this quote: “If at first you don’t succeed, you are running about average” (M. H. Alderson). The quote has been etched in my memory. This sounds familiar to many of us, doesn’t it? So am I destined to fail or remain mediocre? Am I contented with that? Surely, not!
Here is another true story. Perhaps you know Thomas Edison. This guy invented the lightbulbs that light up our nights. He actually failed 10,000 times before he finally invented a working lightbulb! Did he fail? He responded, “ I haven’t failed. I’ve just found 10,000 ways that won’t work.” He persevered until he reached his goal.
By now I know that I am average, so I need to press forward. This is when I have begun a journey to think of how we can achieve that elusive success. Many, if not most of us, are running on average. We need a simple strategy to help us increase our chances of making better decisions or attaining the goals that we have set.
This book is just about that. It gives us a simple step-by-step technique to uncover the full picture before making successful decisions.
PART 1
1.      Introduction
2.      Definition Enhanced
3.      Balance in Nature
4.      Balance in Human Life
5.      Balance in Work Life
6.      Balance in Economy and Business
7.      Notes on Dynamic Balance
PART 2
8.      What Is in It for Me?
9.      The Current Dynamic Balance
10.      The Desired Dynamic Balance
11.      Cost of Success (COS)
12.      Building the Plans
13.      Stay-on-Track Plans (SOT Plans)
14.      Recalculating Route (RCR)
15.      Conclusion
 
 
 
 
Part 1
Chapter 1: Introduction
The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather a lack of will .
—Vince Lombardi
Everything in this world is always in a state of balance; it could be a good balance, bad balance, or just neutral balance. This balance can be shifted to a good balance if there is a desire. In short, the book leverages the concepts of balance to help us understand where we are and what is needed to make the right decisions for success.
This book is designed for easy reading and for those seeking to improve their ability to make the right decisions and plans for success. Generally speaking, two groups of people may find this book helpful. One group is the readers who may not have settled on any technique or methodology that could help them be more effective in making successful decisions by building and executing the right plans. The technique covered in this book will allow you to keep it in your bag of important skills. Another group of readers is the more experienced people who have gone through making the right decisions and celebrating the success previously; they might have made wrong decisions and suffered the consequences. They could have already gone through life lessons on decision making. They may also have resorted to self-help books and perhaps find this book too simple for that matter. However, I firmly believe that it can complement your experience and exposure to make better informed decisions, building and executing plans for success. I submit to you that this book does apply to both categories of readers.
There are many success books available in bookshops. This book, however, is written differently, for it does not tell you how to be successful in specific areas; rather, it offers a framework to record where you are and where you want to go. Thus, it helps you get all the necessary information to make the right decision and build and execute the right plans for success. It may complement self-help books as these books tell you how to be successful in specific areas, like success in stock trading or entrepreneurship. This book helps you uncover all the necessary information before you make the decision of whether to proceed or not or just delay until you are ready. Imagine if you are not ready to be a trader or an entrepreneur, and you embark on a journey—it can be costly or even disastrous. I am speaking from experience. Indeed, I have learned valuable lessons from different ventures in my life at great costs. Thankfully, I bounced back and managed to preserve my family relationships.
How to read and use this book
For convenience, this book is divided into two parts. The first part consists of real-life examples and the familiar things around us that can affect us. Although I do not have a PhD in the areas that we will cover, I would like to share with you as a layman who sees things as they are. When you read this book, it will become rather strangely familiar to you. Our environment, natural or man-made, the work situations or the economy everything strives to achieve a certain dynamic balance that keeps us where we are today. A sudden shift can change the balance instantly or gradually. After reading the first part, we hope it will guide us to the aha moment where we learn to recognize that things will always find their right balance and understand the reason they stay in balance. An important understanding of this phenomenon on the law of balance will be very critical in helping us capitalize on this insight to achieve success.
You do not need to be a rocket scientist to understand these concepts. Such concepts are used to develop a system on how you would gather information, and with the right information, you will make better plans or decisions.
With sufficient information, once the plans are mapped out, we will need to consider the cost of execution. Even if you have finalized your plans or counted the cost of making decisions, it is never a guarantee that you will succeed. But it is a step toward it. Depending on the scenario, it could be as easy as having funds to hire some people to organize your event or organizing the event by yourself step-by-step. In another scenario, it can be difficult to reach our personal goals because of the distractions that hinder us in our journey toward our ultimate success. In this respect, we will apply the stay-on-track plans. This could mean self-discipline or friends or a coach to help us stay on track as much as possible.
Sometimes we have the plan for action, and we stay on track throughout, but the goal is still not reached in the end. The next best thing to do is a quick postmortem of what went wrong—maybe we did not gather sufficient information to start with. Like a Global Positioning System (GPS) that recalculates your route, you can readjust your plan or decision and execute it again. This could be a continual process until you reach your desired goal.
Three different fictitious scenarios are described here to demonstrate versatility, but it is not limited to these possibilities only. I am sure you will be able to adapt it to your unique situations.
Someday you will look back on your life and realize that everything worthwhile you’ve ever accomplished initially challenged you. And that is as it should be, because big challenges often prepare ordinary people for extraordinary success .
—Melchor Lim
Chapter 2: Definition Enhanced
A system is in equilibrium when the forces constituting it are arranged in such a way as to compensate each other, like the two weights pulling at the arms of a pair of scales .
—Rudolf Arnheim
At the outset, we need to establish some basic understanding of the terms and concepts that will be used frequently in this book. This is important so that when we discuss dynamic balance , we understand what it means, or if I talk about tipping point , we share a common understanding of this concept.
Here are the common terms I will be referring to:

•      Balance or equilibrium or dynamic balance
•      Forces, factors, or influences (FFI)
•      Tipping point
•      Success
Dynamic Balance
Balance refers to a state in which opposing forces, factors, or influences of a certain strength or importance that will act on it create a state of equilibrium. In many things that we do, such forces, factors, or influences are not static ( note: others may appear to be static, but usually there are underlying forces cancelling each other to make them appear static) . They do change, sometimes continuously. So if such dynamic forces, factors, or influences are constantly in play, maintaining their equilibrium , we will term this phenomenon dynamic balance . This situation occurs when equilibrium is maintained in the midst of dynamic changes in forces, factors, or influences; finally, it reaches a state of stability. In this book, we will use balance or equilibrium inter

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