Tuesday, November 28, 2006

The Beaver and the Falcon

Have you ever seen a falcon come face to face with a beaver? Probably not…but what if I was to tell you that they may have interacted at one point in time or another and that their encounter would change their lives forever. Think about it, what if you took the “fierce” component from the falcon, and mixed it with the “independency” of the beaver, you’d get “fiercely independent”. In today’s environment, you have to know what you want and be willing to do whatever it takes to get it; survival of the fittest governed with regulations of society. Falcons are quite the opposite of beavers. They live the fast life, impatiently flying around the world at 200 mph, scoping out their prey, but yet precisely executing their plan of attack. The falcon must have mastered or developed their knowledge in the following:
• Strategy (minimal knowledge)
• Marketing (hunt on certain prey)
• Weather forecasting (developed)

Ok, so there is some form of reasoning to their madness and twisted mind. Think about this, do you think it was possible that the falcon could fly around the world, and inform the beaver when certain seasons or natural events would come, giving the beaver ample time to prepare.
• Win-win situation (beaver could minimize losses; surplus becomes gratis food)
Do you think the beaver acknowledged this service and therefore rewarded the falcon with food (hence goods and services; aka bartering)? Do you think the beaver was impressed with the adventurous side of the falcon and that somehow they could be a deadly combination covering land as well as air?
• Synergy (1 plus 1 = 3; wait that’s not accounting)
• Physical attraction (falcons are risk takers)

Do you think the falcon realized that by slowing things down a little bit, perhaps to 100 mph, they’d still receive quite a reasonable meal plan? Beaver taught them to look at the overall picture, think outside the box - Operational, Tactical, and Strategically Planning. Though different animals they share mutual similarities and together they share one common vision: Accounting. Now you ask how a beaver and falcon can comprehend the mathematical enigma behind income taxes, financial statements, portfolio management and cost/benefit analysis. Well, it’s quite simple… “Beavers are considered cornerstone species since they change the habitat they live in like no other animal”. Beavers tend to interact with others and give back to the community. They stock up their food supply during the peak season and are able to live off that supply when demand isn’t as high (supply and demand). In fact they even give up part of that supply to competition and acquaintances: caring, family orientated, and nurturing.

That means that no matter what environment they are in, they adapt to change. With so many start-up companies competing for market share against the worldwide leaders, and each seeking to profit from growth, why isn’t it such a surprise that the accounting rules and regulations constantly change and amend themselves over time? You have the beavers that plan for the future, and then there are those damn falcons that only plan for that day at a time. They can sure learn a lot from one another.

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