Saturday, April 10, 2010

Trade-offs: the bane of the MBA

there are others too, "it depends", "point of view" and the typical accounting terminologies of cost and margin that becomes colloquial language. but for now i want to talk about trade-offs.

i want to buy a camera. i start with a point of reference. the last camera purchase among my acquaintances was a sony cybershot. so i go to the link, and at the bottom of the page i find suggestions for similar cameras of the same or of different brands. once i figure out the brand preference, i go to the camera features, price, appearance, convenience and sort them out one by one. in each of these decisions, i make a trade-off. i want the colour quality of canon more than the sleek design of sony. i want a more affordable price rather than 2 mp more of resolution and so on. each point makes you identify a trade-off and decide which side weighs heavier.

and the trade-offs of life. i want to be healthy versus i want to smoke. i want to go for an early morning jog versus i want to sleep for those '5 more minutes'. i want to study versus i want to talk to a friend. talking with family, breathing, enjoying a happy slow meal, enjoyment and relaxation are increasingly getting traded off for more urgent needs. to pay off a credit card bill. to get a job paying 20000 euros more. soon these trade-offs lead to compromises. i cant call a mobile on skype because i dont have a credit card. not matter it may mean you dont call your friends anymore who dont have skype accounts. i wont tell this to her because she will be upset on me. no matter it may mean that you dont share your worries and problems with your loved ones anymore. i want to be settled before i get married. no matter it may mean further drifting away as distances increase.

what do we live for? another mba? more competition? higher grades? better salaries? richer clothes? swankier cars? or that one more hug, that one more walk by the river, that simple meal cooked fresh and with love in your own kitchen. we may be doing well, but are we doing any good? who decides this trade-off?

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