Manager - Planning

Pricing Strategy

There are different kinds of pricing Strategy which are being taught in management domain, but overall each on every pricing of a particular product or services ranges from objective to recovering the Operations costs to value addition of the customer/consumer. Pricing below operational costs would make turn your business unsustainable and pricing above the net value what you exactly add to the consumer would render you stagnant. As far as above textbook definition of pricing is concerned, it also have it's own limits. This methodology only applicable to big businesses or corporate firms. We need to add another third variable (in addition to above two) in the strategy as far as small business or freelancing is concerned. And that is value addition capacity of individual towards a particular segment. For e.g. a corporate women dedicated to her company may been a dispensable asset of the latter, but she may not be able to demonstrate similar dynamism in cooking food.

Should I take a break since my wife career is taking off

My current company has given me a golden handshake for one month since project did not take off. My wife business is doing really well and she wants to open a 2nd place. She said she will manage everything including our monthly expenses and children education etc. She is super confident and at the same time doesn't want me to rush into something that will damage my mental health and has even offered me to help her in some capacity in her business. I actually let go of an offer giving me a 18 percent hike only and also didn't feel comfortable with the role and company. Do you think what I am doing is wise? Is it wise to take sometime off and not rush into anything? Or is the job market very bad and I should have taken any offer.

What type of corporate villains have you encountered with in your company? Comment your story.

Here’s my story in the field of software engineering: There’s this colleague of mine who is on a pure tech role but hardly codes. The person spends his entire time on LinkedIn sharing new age tech stuff and projects himself to the world as if he is the Messiah of architecture. The guy preaches the same gyan to members of my team. For the last one year, this guy, in the capacity of Software Architect has not pushed a single line of code into our application source code and this is on record. Yet, he is highly regarded as an expert in technology. The guy has killed the careers of some genuine software engineers with his unique approach to make it look like he is taking a lead to own stuff in tech space. The guy has had tremendous career growth, got promoted 3 times in the last 5 years. In my view, the guy is a tech junkie whose knowledge carries no value. Yet he managed to butter the leadership team to reach to position that he is currently in. Did you encounter any such people? If yes, comment your story.