Production and Production Capability Balance

Here is an interesting article* that I came across recently that explains about the importance of balance in Production and Production Capability. I think this concept is very important to optimize our life. We must maintain the balance between production and production capability. I think the balance makes lot of difference in the long run. Here it goes….
 
“This fable is the story of a poor farmer who one day discovers in the nest of his pet goose a glittering golden egg. At first, he thinks it must be some kind of trick. But as he starts to throw the egg aside, he has second thoughts and takes it in to be appraised instead.The egg is pure gold! The farmer can’t believe his good fortune. He becomes even more incredulous the following day when the experience is repeated. Day after day, he awakens to rush to the net and find another golden egg. He becomes fabulously wealthy; it all seems too good to be true.

But with his increasing wealth comes greed and impatience. Unable to wait day after day for the golden eggs, the farmer decides to kill the goose and get them all at once. But when he opens the goose, he finds it empty. There are no golden eggs – and now there is no way to get any more. The farmer has destroyed the goose that produced them.

I suggest that within this fable is a natural law, a principle – the basic definition of effectiveness. Most people see effectiveness from the golden egg paradigm: the more you produce, the more you do, the more effective you are.

But as the story shows, true effectiveness is a function of two basic things: what is produced (the golden eggs) and the producing asset or capacity to produce (the goose).

If you adopt a pattern of life that focuses on golden eggs and neglects the goose, you will soon be without the asset that produces golden eggs. On the other hand, if you only take care of the goose with no aim toward the golden eggs, you soon won’t have the wherewithal to feed yourself or the goose.

Effectiveness lies in the balance – what I call the P/PC Balance. P stands for production of desired results, the golden eggs. PC stands for production capability, the ability or asset that produces the golden eggs

The P/PC Balance is particularly important as it applies to the human assets of an organization – the customers and the employees.

There are organizations that talk a lot about the customer and then completely neglect the people that deal with the customer – the employees. The PC principle is to always treat your employees exactly as you want them to treat your best customers.

You can buy a person’s hand, but you can’t buy his heart. His heart is where his enthusiasm and loyalty is. You can buy his back, but you can’t buy his brain. That is where his creativity is, his ingenuity and resourcefulness.

PC work is treating employees as volunteers, just as you treat customers as volunteers, because that’s what they are. They volunteer the best part – their hearts and minds”

Hope this helps
Ponnurangam 

*Taken from: The 7 Habits of Highly Effective People by Stephen R. Covey, Fireside, 1989

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