Bonus plans of mice and men

• Main Author: THULASIDAS, M.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2009
• Subjects: Databases and Information Systems
• Online Access: https://ink.library.smu.edu.sg/sis_research/6143; https://ink.library.smu.edu.sg/context/sis_research/article/7146/viewcontent/w2009_07_Bonus.pdf
• Institution: Singapore Management University

Our best-laid plans often go awry. We see it all the time at a personal level -- accidents (both good and bad), deaths (both of loved ones and rich uncles), births, and lotteries all conspire to reshuffle our priorities and render our plans null and void. In fact, there is nothing like a solid misfortune to get us to put things in perspective. This opportunity may be the proverbial silver lining we are constantly advised to see. What is true at a personal level holds true also at a larger scale. The industry-wide financial meltdown has imparted a philosophical clarity to our profession -- a clarity that we might have been too busy to notice, but for the dire straits we are in right now.