BXBX NOVEL Chapter 397 - Business Strategy...
Mark\'s Pov:
I agree with what Mona said and when it comes to revenge Genie will go to the extent to take one\'s life and in future, she may take the advantage of my dream project and she may blackmail me by holding my dream project information. I should be more careful by not letting her know about the strategy behind my dream project.
Actually, I acted normal and casual when Mona warned me about Genie because I don\'t want them to get more scared or worried about Genie, and if I support Mona, she may definitely lead our topic to fire Genie from my company. I am okay with it, but it is not that easy to fire a personal assistant because she knows almost all my business dealing and if I fired her or demote her from her position, she will definitely take the advantage of the situation and trade my companies secrets with my competitors so I am dealing with her carefully, and I already restricted her to access many projects information including my dream project. That\'s the reason she poked me in the phone call that she didn\'t have the information on my dream project.
Rubeus Uncle: How long is the project, Mark..?
Mark: It\'s five years, uncle...
Anna: What?
Five years?
Mark: Yes, Anna, it\'s five years, and that\'s the main reason we got the project and you know uncle all the other bidders are quoted for 10 years with 200 billion but me, I quoted for 5 years with 100 billion.
Mona: Mark?
Did you quote it correctly?
Mark: Why did you get that doubt, Mona?
Mona: How can you finish the project in 5 years if all the others are able to finish it in 10 years and you quoted with half of the price compared to other quoted price...
Rubeus uncle: That\'s called business secret, Mona, maybe Mark has a strong strategic reason behind it...
Am I right, my son?
(I nodded his head as Yes very confidently and proudly…)
Mona: Yes uncle, he might have a strong strategic plan but if he fails the work to finish it on time he may get the huge penalty, am I right?
Rubeus uncle: Don\'t you trust on Mark\'s capacity?
Mona: I don\'t mean it, uncle, but it is safe if he thinks once again about it and I guess 5 years on such a huge project is really a complicated thing.
Mark: What Mona Said is right uncle, I agree it\'s a very risky project too, and you know if there is no risk then there is no return…
Mona: So you are ready to take any kind of risk to get a return?
Mark: I am ready to take the risk only when I think I can survive with that risk and got succeed with my business strategies…
Rubeus uncle: How much is the penalty if you fail the project?
Mark: I am not sure until I am done with tomorrow\'s meeting, uncle, but I guess the penalty is high and to avoid that penalty I have to finish the project in short time with less expenditure and most importantly I am sure this project will get success because of my strategy...
Mona: What is your strategy, Mark..?
Mark: Why are you interested to know about my strategy?
Will you do surgery to it?
Mona: Very funny…
It\'s better if you discussed with us before your meeting, so we can find if any risks or loopholes are there in your project.
Mark: Yeah...
If you really want to know, I will explain it because all of you are the most trusted people in my life...
Actually, I got these ideas because of Anna, when she came to my office to surprise me with the strawberry dessert, we discussed about this contract at my office room for hours...
I need to fulfil two dimensions, one is speedy construction of the project and the second one is with less cost, I mean the building should be cost-effective with high quality...
Mona: Okay...
Mark: let me explain you with a small example, if I got a contract to construct a small independent house, it will take solid 3 months to get it ready for use…
Now tell me, what should I do if I got another contract at the same time when I am busy in doing with my present contract?
Mona: I guess you can manage two constructions at the same time because it\'s a small house and you no need to look after everything because your workers are more efficient under your training...
Mark: Exactly...
Tell me what should I do if I got the same kind of 100 houses construction contracts at the same time..?
Mona: Then you should appoint more labour and you should also appoint more higher officials to monitor the construction...
Mark: Yes, but do you think the higher officials will charge less for it?
(Both Anna and Mona strike their head as no.)
Mark: And do you think I will get efficient labour to all the building?
(They again strike their head as no...)
Mark: And do you think I can easily finish the construction of 100 houses in just three months?
(Again they strike their head as no...)
Mark: And most importantly, do you think if I finish my first house with 1 million does it mean I can finish my 100 houses in 100 million?
Anna: No way,
Mark: Why?
Anna: Because the expenditure is increasing in the way of appointing higher officials and you may appoint more number of labour than a regular contract because the work depends on their efficiency so definitely the cost may increase...
Mark: Exactly...
By considering all these factors, all the other contractors bid at a double price with a longer period...
Mona: Stop your cliffhanger, Mark, tell me what is your strategy and how do you think you can reduce both cost and time at the same time for this huge project...