Were we hypocrites, as asked by a student, a Dr at MBA program, for asking them to monetize their profession as business, but at the same time practice kindness and spirituality

Every generation needs a revolution - an entrepreneurial revolution

This post had to grapple with this question from a student in a MBAH program where he questioned our quest for entreprreneurship  and at the same moderate and be spiritual -   to moderate greed and  be kind.  Are we professors, professing this kind of thinking hypocrites?

The student drives a sports car and ophthalmologist and a bone surgeon posed a question on value-  how much should a kneee replacement cost  P50,000, 200,000, 500,000 1 M.  Pricing is a value creation.  How much depends on how the patient  needs the procedure and how much he/she can afford.  Any price, without competition is a good price.   Especially if we compare it to foreign pricing, a P500,000 knee operation ($10,000) would be cheap but very expensive heare.   

Indeed this is a very defficult question for us teaching MBA in a Catholic U to answer the question.   Lately health services went up and when MVP tried to rationalize hospital care by acquring MD hospitals prices were standardized -  to be higher than usual, so he paid good money to Drs hospital.   

But we know for  a fact that Drs are used to the idea of giving the poor patients their baon and even their samples so that the indigents can get good medical care.  I even overheard when I was in pharma, that Dr.s regularly treat indigents pro bono.  

Being kind and generous excercising Christian faith, exercising judgment is something grad school cannot teach.  It comes from freedom to decide to judge....

Innovation by a Party Needs Provider

I came across a brochure inserted at the mailbox today and I was pretty much amazed at the desktop publishing quality of the brochure.  It was back to back.

The innovation in the business/offering were the following:

1.  various offering for various needs; and some were quite new like the chocolate fountain (you normally just find this in a 5 star hotel buffett).  The various packages like Party Package 1 to 4, baptismal package, balloon decor package, chocolate fountain.  The various packages fit various packages and are affordable 

(No I am not advertising in the usual blogger mode, their products/services)

2.  change of PTM - they also supply in bulk party needs as balloons, tarpaulin, souvenirs, flower arrangement, loot bags, name tags, poppers, bubble machine etc.

I would like to think that this business generates a lot of revenues because the owner is ingenious.  New ideas create value.  New value means more wealth.

These innovative individuals drive the economic engine which has made our country very progressive lately

What does this indicate:

1.  The wants in the party market have expanded.

2.  Filipinos value occasions/events in the lives of loved ones and they spend (this is an important psychographic market research data - not SEC)

3.  You really have to constantly innovative to be noticed like this brochure which I ventured to analyze