Peo­ple – Past, fu­ture and more...

VM&RD - - CONTENTS - Vas­ant Jante

Like ev­ery­one else af­fected by the per­co­lat­ing ef­fects of eco­nomic con­di­tions, I too have been feel­ing the pres­sures and un­cer­tain­ties of the mar­ket. So much so that at the end of the day, I some­times ask my­self: Is it all worth it? And then some­thing or some­one comes up with a thought and then my hopes and be­liefs resur­face. It was some­thing like that when we re­ceived the re­sponse from our in­dus­try folks across seg­ments – from de­sign to re­tail to fix­tures – to our spe­cial sec­tion pre­sent­ing their views. When asked to write about their thoughts on the year that went by, the likely im­pact of FDI and their vi­sion for the coming year, most of them re­sponded with an en­thu­si­asm that gave us a pos­i­tive en­ergy. But what were par­tic­u­larly note­wor­thy were their thoughts on how they adapted to mar­ket con­di­tions, how they an­tic­i­pate the fu­ture and how they are pre­par­ing them­selves to face any­thing that the new mar­ket dy­nam­ics might throw at them. Each one had their own views and it emerged that each or­ga­ni­za­tion has its own way of deal­ing with chal­lenges. But the com­mon­al­ity that struck me was the will­ing­ness to change tack, learn, in­tro­spect and adapt to the new re­al­i­ties. It is re­as­sur­ing to know that at times like th­ese, in­stead of throw­ing in the towel, or re­sort­ing to ad hoc mea­sures to man­age cost is­sues, they are all look­ing at the big pic­ture and re­al­iz­ing that the way for­ward is to look at fun­da­men­tals and raise the qual­ity bar. That to me is a good sign. Sure, the mar­ket re­al­i­ties might con­tinue to over­whelm us, but a healthy ap­proach to brac­ing one­self for com­pe­ti­tion is a wel­come one. Th­ese are men and women who have had to learn through trial and er­ror that cre­ativ­ity end of the day is all about balancing aes­thet­ics with eco­nomic re­al­i­ties and that a happy cus­tomer is the best re­ward for any cre­atively en­hanced ex­pe­ri­ence/ser­vice/prod­uct. And that gives me hope. I be­lieve that a hard, ob­jec­tive look at one’s own strengths and weak­nesses and adapt­ing one­self ac­cord­ingly can cer­tainly beat the blues of tough times. It is the same hope that sus­tains me with re­gard to the up­com­ing event, In Store Asia 2013, about to start in Mum­bai. Like I told you last month, that will be the place where some of the best in the in­dus­try will share the plat­form and their ex­pe­ri­ences, and I am sure they will give us a lot to learn from. I look for­ward to th­ese en­rich­ing in­ter­ac­tions and I hope you do too. See you there! And, happy read­ing!

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