3P = 2P ... the corporate formula

I don't often appreciate reductionist formulas where people say ' Do this and you're life will be better '. Life is so much more intricate and complicated.

However, I fell on this little formulaic reminder of corporate structure and priorities and thought it worth putting on the sticky side of my mind :

3 P = 2 P

Products + Processes + People = Profits and Phun (ok, I cheated on the last P, but it works)

Products : The right widget or service to fill the right need with the right message in the right market at the right time.

Processes : The right way of doing things to optimize revenues and expenses.

People : The right ready, willing and able people.

Equals

Profits : Not just financial, but also personal growth.

Phun : The most important part of the equation. If you're not having fun, STOP, go back to the left part of the equation and figure out what's wrong... then fix it.