Value?
What is it? - worthiness to the society. Let us look at three scenarios in my interactions with friends, relatives, colleagues and TV Talk shows. I'm sure you too would have had your own.
There are so many layers and the doers' share as a percentage (max 12%) of the price is negligible (http://www.music-law.com/contractbasics.html). This is the same issue with the Non-profit organizations. A good Non-profit organization needs 30% of the donation to support itself and passes only 70% to the people in need. The infrastructure (Sony, BMG etc. in the music industry, Accenture, Infosys, Wipro, etc. in the outsourcing industry) needed to support the base takes up anywhere between 30 to 90 percent depending on the industry from creative artists to outsourcing industry to the public workers. In the case of public workers they are the nuts & bolts of the government who help to execute.
Probably, People develop a cost-based perception of the functionality when it becomes routine, ubiquous and that could be easily replaceable.
The infrastructure is a necessary evil. Like any other setup, we need to find innovative process model to reduce the evil to enable an equitable share of the value between the producers and consumers.
- Downloading/copying/bootleg movies, everybody complained about pricing that it is too much. The acceptable price range is between $3 and $5. I'm sure you too would have had such discussions and come up with an acceptable range.
- Regd. NY MTA workers' strike, lot of them complained that $60,000 salary for a bus driver is too much! This is the average pay of an MTA worker (not that everybody earns this much).
- People in the outsourcing world would be facing this from the client - the price pressure, expecting you to quote lesser and lesser per hour (say $12 an hour - $8 an hour).
There are so many layers and the doers' share as a percentage (max 12%) of the price is negligible (http://www.music-law.com/contractbasics.html). This is the same issue with the Non-profit organizations. A good Non-profit organization needs 30% of the donation to support itself and passes only 70% to the people in need. The infrastructure (Sony, BMG etc. in the music industry, Accenture, Infosys, Wipro, etc. in the outsourcing industry) needed to support the base takes up anywhere between 30 to 90 percent depending on the industry from creative artists to outsourcing industry to the public workers. In the case of public workers they are the nuts & bolts of the government who help to execute.
Probably, People develop a cost-based perception of the functionality when it becomes routine, ubiquous and that could be easily replaceable.
The infrastructure is a necessary evil. Like any other setup, we need to find innovative process model to reduce the evil to enable an equitable share of the value between the producers and consumers.
posted by aaraar at 9:53 PM
0 Comments:
Post a Comment
<< Home