Thursday, April 16, 2009

The Uncertainity over Certainity !


We have been conditioned to objectivity. Whether that be while writing the MBA  entrance exams  or the IIT JEE exams in the new avatar as single stage selection process . We have been made to believe that numbers are the most definite way of making your point . They leave so scope for ambiguity and reflect the intellectual as well as the depth of the person making the point. 
But that was before we entered B Schools, before we listened to endless debates on the economy prior to elections. All the valid arguments of objectivity stand upside out . Why is it so ? Why a practics that has so well stood its ground , become so ineffective.

The problem is that numbers alone are not enough. At another level , it is the relative comparison that reveals the true picture . And from here things start to get as messy as possible. What should constitute a standard comparison measure , what yardstick b used to make the comparison and in case of conflict what needs to be given precedence . These are the questions of intense delibrations as well require exersicing of our discretion that makes the thing so very subjective . Can yardsticks be developed to replace the ambiguity . The answer is objectively a big no but subjectively it is worth attempting for.
Even in the most dreades field of market research , the reports , the forecasting and the prediction are all an interplay of objective as well as subjective decision making . And as is  The chain is as strong as the weakest link , it cannot be denied for this too. So why bother with all this . Why not let the world take its own course . If success had been ours , then why were we not able to predict the financial crisis  , the magnanimity of the greed played out by erstwhile coveted i bankers. 
The flaw dear is not in them but in us that we play into their tricks. What they show , we believe without bothering to check the precedents . We cannot have only positives , it is life and there can be nothing without its share of vulnerabilities. In our endeavour to flaunt our smart decison making , we bury the associated risks and when the risks stare glaringly in face we take refuge in the invisible hand.
From the stable of Certainly Yours,
Samarth Gupta

1 comment:

yks said...

Certainty truthful