Gain Is Uncertain, But Expenses Fixed And Certain!

VITS was launched in 2006 by Vikram Kamat and is run by a team of efficient hospitality professionals. VITS hotels are present across Asia.

- Vikram Kamat

“Things have become so expensive” said Chandrakant, my Executive Director who heads hotels and restaurants. As we planned for the coming years budgets and tried to grapple with the costs that have quite simply ballooned. All this while fundamentally business doesn’t seem to be stabilizing with all the disruptive changes in the economy.

Disruptive changes not because of innovation by some start up or competition, but rather disruption to the ultimate controller of the Economy i.e. the government.

And while we might we will always have things to complain and be upset, in business one of the key lesson I have learnt is the focus on always reducing costs. Because costs always seem to be rising. And everyone in the organization has multitude of reasons explanations and justifications of why we should be paying more, right from “Sir quality comes at a price” to “sir you know how much input costs have gone up in this area”

Now i’m surely not one for compromise. Not at all. Rather im trying to highlight the importance of focusing on Wastage.

Gain may be temporary and uncertain; But expenses are Fixed and certain Vikram Kamat