Once upon a time there was a farmer, his name was Panduraja!
He has 5 children, Jhooti, Bheema, Arjoona, Nakooola, Shooyaya!
Some of them are educated, some are only matriculation pass!
They had multiple acres of farming land. They have a large house with ponds and many domestic animals to looks after. Initially, they had a struggling life but over a period of time, they stabilized themselves.
But the Farmer Panduraja was in worry! Every year they discussed how they should share their profit. They have their own family but they reside together on the same premises. Most of the initial year they had a quarrel and tussle with the money distribution.
They had an expert professional friend who also happens to be their distant relatives and well-wisher. His name was Kris, who is a Ph.D. in Agriculture and professor HOD in a nearby college.
Every year this is a nightmare challenge for Panduraja,
How can he distribute the profit among his children so that they stay motivated and energized.
They should not break up their property and leave the premises where they reside together.
Panduraja often chats with Kris. Kris recommended using the Bell curve system to distribute wealth and profit.
Kris read that somewhere, and they tried for a few years. But it did not work out as it created a quarrel and division among his children.
All his children are working for a common goal. Their proficiency is different, and core competencies are diversified.
Nakooola was remarkably talented at selling the crops, milk, eggs, and poultry meat.
Jhooti was excellent at cultivating lands and growing crops.
Bheema takes care of distributing the cattle, goats to the city, and buying and selling those.
Shooyaya was taking care of the farming, fishing, and exporting fishery commodities.
Jhooti also was taking care of the account part with his father and track the balance sheet.
Everyone is contributing to some of the other aspects and occasionally when crops fail but other services take care of their profits.
All the five brothers do daily standup and monthly progress with the Panduraja.
They reskill themselves as the market changes, need changes. Ther wife also takes care of the textile and other handlooms, handmade items e.g. pottery, etc.
The million-dollar question is how do Panduraja distribute the prosperity which will cause everyone happy?
Kris comes out with One team approach where there will not be any bell but team outcome with impact-driven measurement. They have to increase the outcome and strengthen the bottom line. Based on the numerous feedback mechanisms from various stakeholders, the final amount will differ. Their fundamental wealth distribution calculation is more or less fixed, the % variation of wealth distribution is not substantial. There will be a special monitory award for exceptional performance.
e.g. once there was a bumper production of Mango and Nakoola could export mangoes abroad with his contact at a special price. That attempt has fetched significant profit, and he got special monetary gain. Due to crop failure one year, everyone takes the loss amount, but due to the fish & poultry market, they could all get the benefit of this.
They watch out on a periodic basis and manifest on what they should promptly do to minimize the damage and maximize the profit.
So with the Kris guide, Panduraj could able to balance the equal distribution of wealth looking at the performance award one was doing better to expand the business outcome. Special recognition of monitory distribution happens when such spike benefits happen when the performance was done by going beyond the defined boundary.
This ownership model was working fine with the farmer family.
Now, Panduraja extended such a model with other families of the village. It motivates all the family members to put in their finest effort as they are merely gaining the profit. If they suffer a loss, it is absorbed by the other gains avenues. Now it has been one decade they are following this model.....
This Self-driven, Self-organized, shared purpose, outcome & impact, Value generation, one team-driven mindset enabling them to maximize the profit margin. Shareholders are also happy as they get their due service.
Do you think there is no conflict, no dispute, it is always there, but they are resolving all these to stay relevant in the market.
After Panduraja died, they keep Kris & their mother as their final authority to take the final call for any decision making. It was a democratic approach, but decision-making was taken by the Kris and their mother based on the data.
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