Does it seem like you need a quick solution?

 

We understand becoming a decision maker is never easy. We know that there is this thing called decision fatigue—and it is real! Sometimes when you get too caught up in the daily routines you can, of course, miss one thing or two that turns out to be critical. Don't worry, ask any C-level officer and they will surely say that they do make such mistakes, it is completely normal, and by the way, it is why we are here now!

Just in the last 50 years, there are hundreds, if not thousands, of new discoveries of how we should operate or manage or market our business. These findings, although well-documented and can now be easily obtained thanks to the internet, are massive! They are scattered all over the world—or the internet, if you will—and you as the business' officer might not have the chance to catch up with all of them. In fact, only a few people are able to do it and they are usually the researcher in the related field or professional consultants like us. Chances are, while you're spending a few minutes reading this page, new hypotheses are being accepted at this very moment, so yes, the knowledge itself is always expanding and it takes effort to learn them.

So, what do we do to help you exactly? Backed up by those seemingly unending breakthroughs, we can find some that are similar to your problems and find an effective solution out of it. In other words, we minimise your risk, and more importantly: uncertainty.

We minimise your risks and reduce uncertainties.

There is a risk for everything we do. But is it really a risk or is it uncertainty? The difference is, one is calculable while the other is not. Taking risks is not the same as moving in uncertainty. We know what's behind a risk, we can predict the outcome, or at least the probability of the outcome when it is done at a rate that is statistically significant. On the other hand, uncertainty forces us to make that ambiguous step which may result in disastrous consequences. Here in Plomia, we avoid the later and try to open all the facts in order to obtain the insight for the first.

While it is true that business involves so many factors—by the way, it is the reason why the stock market is very unpredictable—the world nowadays, luckily, have gathered plenty of data that we can use as a reference to determine what works and what doesn't. This way, we can relate our problem or situation with those findings and might even compare to find the most suitable action for us to be done. Very convenient indeed, but before we can use it to decide any action, we need to define clearly where we're at at this moment. Our consulting service is also geared to gather such defining facts, despite also providing strategies.

By completely analysing your company through various means, we can determine where your business is standing right now. Sometimes it requires more than your side of the story---like publicly available data about your business, a financial statement can really be useful. Even further, for a better analysis, you can also provide other data that can enhance our review such as your business identities, company profile, and track records. In fact, anything that is related to your business is usable including your personal opinion or your employees' towards the business.

Our offer is plain simple, we analyse your business, give the overview report of your business' condition. The good news is, it is given to you without any charge, it's FREE and we promise you that we will always keep any identity secret. All you need to do is email us (This email address is being protected from spambots. You need JavaScript enabled to view it.) the details of your problem and your business' data, but please read our Privacy and Cookies Policy and Terms and Conditions before you do it. In simple words, all identity-related data that you're sending to us will be kept private but you give us permission to share the story anonymously and/or pseudonymously.

Nevertheless, if you want the PAID service, you will get the additional suggestions containing strategies for improvements. This comes at the price of $549 per case, and all the data will be kept private and purged soon after it is resolved unless you explicitly allow us to share the story anonymously and/or pseudonymously.

Our free consulting service provides a general overview and insights while the paid one gives you additional strategies to overcome the situation.

Anyway, why would we share the case? Well, in most cases, we don't. But if it is educational and can confirm any theories further to help determine the best-practise method of new or developing theories, we might. That being said, our main reason is to contribute to improving businesses all over the world for the improvement of human prosperity. We appreciate your kind understanding. Please directly email us (This email address is being protected from spambots. You need JavaScript enabled to view it.) for further information.

So, are you ready to open up? Don't hesitate to barrage us with questions if you have to! Thank you for your interest.

 

 

 

  

We Are Truly Sorry


for the time being, the resources are still on the process of being prepared. It may take us several months to select and develop these high-quality resources. What we will provide here are some ready-to-use tools—like summaries with checklists, templates, software or applications, and many other digital files—that are practical and applicable for businesses. They will, hopefully, aid you significantly to improve your business performance. Thank you for your interest and understanding!



Taking The Advantage of The Age of The Big-Data

Hogan et al. (2013), as said in the recent MIT Sloan Management Review article by Bersin and Chamorro-Premuzic (2019) found that the most searched talent for a great employee is: ability, likability, and drive. Through compiling many other sources and our own professional experiences, similarly, we also find that these traits are necessary for business, except it is done on a larger scale which will change the term 'character' into 'culture'.

Deriving from plenty of trustworthy findings worldwide, we created summaries within the Plomia framework to ease one in making data-driven business decisions. Basically, Plomia is a collection of applicable business knowledges—including the psychological, political, and other related issues behind it—that have been tested for its quality and validity through times, presented in the most effective ways as possible: website, framework, and the possible forthcoming AI technologies. So, please stay open minded when surfing our site, it’s all facts, backed up with data, processed with the best possible method to minimise chances of bias—or at least that’s what we're always after. As Dobelli (2013) said in one of his books: all we need is less irrationality!

Anyway, do you think you have suggestions for us? Please help us by sending it to This email address is being protected from spambots. You need JavaScript enabled to view it. and we’ll do our best to improve ourselves more. Thank you, we really appreciate your kindness.

References:
Bersin J and Chamorro-Premuzic T (2019) New ways to gauge talent and potential. MIT Sloan Management Review 60(2): 7-10.
Dobelli R (2013) The Art of Thinking Clearly. International ed. New York: HarperCollins.
Hogan R, Chamorro-Premuzic T and Kaiser RB (2013) Employability and career success: bridging the gap between theory and reality. Industrial and Organizational Psychology 6(1): 3-16.

So, are you ready to get informed? Start by learning how to effectively use this website (framework) or directly consult your case with us by going to the menus provided on your left or below for mobile version, or start reading our articles in the side-bar by clicking the ' ≡ ' button on the top-left.

Plomia (“Plomia”, “We”, and “Us”, also used as a reference for “Plomia’s”, “Our”, and “Ours”) is a brand owned by Leonardo Purwadi that is registered under Indonesian Intellectual Property Rights Department (Direktorat Jenderal Hak Kekayaan Intelektual) with a registration number of IDM000330212/J002010026310.

When you are using Our service, website, or any of Our other resources, We will sometimes need to process your personal information in order to serve you better. Because of that, there are some policies, terms, and conditions that you will need to read, understand, and agreed with consent before proceeding further to use any of Our products or services.

By continuing to use Our site, resource, products, or services, you acknowledge that you have read, understood, and agreed to Our Privacy and Cookie Policy, and Terms and Conditions as well as how Plomia use it by transferring and processing your information or data to other countries where Plomia operates including but not limited to the United States, Singapore, Australia, and Indonesia.

These policies, terms, and conditions are likely to change over time and Plomia will make reasonable efforts to notify you routinely through the use of pop up message in Our web pages. Please consider checking this page regularly.

PLOMIA PRIVACY AND COOKIE POLICY

Introduction

A cookie (“Cookie” and “Cookies”) is the term given to describe a type of message that is given by Plomia to your web browser to later identify and sometimes prepare customised web pages display and/or login information for you. Whenever you are using Our website, Plomia and some other third parties, such as advertisement provider, will use it to store, access, and analyse your activities and some of the data about you including your browsing history and how you use Our website and resources. Although We collect most of your data using form submission, there are cases which We may receive some pieces of information through the use of these cookies. These data are generally not including any personally identifiable information, if however they do, your privacy is still being protected.

Privacy, as understood by using the general definitions provided by the EU’s General Data Protection Regulation (GDPR), is the condition of any personal information that someone gives, discloses, or declares to other party are being safeguarded. Although generally, We do not collect your identifiable personal information (such as by using cookies), some of Our services especially but not limited to consulting services will require you to declare some information about yourself and your business. Your personal information when using Our website or other resources that We provide will be as appropriately safeguarded as possible at all times and in compliance with the GDPR. However, although your personal information will be kept protected at all times, please also understand that by giving Us those information you are allowing Us to use it unanimously to enhance any of Our products and services.

Details on How Data and Cookies are Used or Collected in Specific Areas

We use cookies to enhance certain technical features when you are browsing Our website, like to analyse errors or possible redundancies so that We can implement better fixes or improvements to Our platform.

These cookies and data that We gathered:

  • Save information about Our users’ preferences.
  • Collect behavioural data for Our Advertising and Marketing campaign and for third parties that later will enable the system to automate actions, such as whether a pop-up message have or have not been displayed to certain users, or whether Our users are not comfortable seeing certain types of ads, and to count and collect data about impressions and clicks.
  • Track any purchases of any products on Our own or any third-party websites.
  • Logs errors, bugs, and downtime.
  • Validate and track anyone’s identity who are attempting to gain access or to place a comment using a specific user account that is claimed to be his/hers.
  • Monitor and measure site traffic including location and time, effectiveness, and behaviour flow of Our users.
  • Assist Us in analysing and qualifying Our client with their personality and business information, including opinions and views, biodata, and numbers, to generate explicit benefit for them.

We are gathering them through:

  • Surveys conducted on Our website.
  • Forms provided for certain types of products and services.
  • Automated log system using scripts and codes that are triggered by your behaviours such as clicks, navigations, and session time.
  • Email, chat/text transfer applications, and other third-party platforms that enable information transfer.
  • Physical delivery of the data.
  • Publicly shared and available data in any platforms about Our users or clients.

Can I Restrict Cookies or Data Collections?

The good news is you can. But you’ll have to do it from your own end and some functionalities may not work or become limited or less comfortably enjoyable without cookies or data collections. If you don’t want Us to use cookies when you visit Our website, you can adjust the settings on each of the internet browsers that you are using to access Our website. Generally, it is available in “settings” area of your browser, go to “cookies settings/preferences” and you can choose to reject some or all or be notified when a site is placing any cookies. If you don’t want your other data, such as business and personality data, to be collected, you can simply avoid filling any forms in Our website. However, this will, of course, stop you from being able to use Our products or services that are related to such data collections.

Please also be aware while you can manually delete cookies anytime in your browser or, while it can be expired or deleted automatically after a certain period of time, without setting your browser to stop saving any cookies from Our site, Our site will not be prevented from recording another one. On the other hand, the data that We have already gathered through form submissions and/or other methods, such as email and physical data transfer, are not purgeable upon request since they will soon be made unidentifiable. They simply are completely anonymised, unless for data that are collected and kept in order to run services that have been set with different agreements stated in Our Terms and Conditions, such as Our business review service.

 

Data Processing and Transfer Disclosure

In the statement above inside this policy, Plomia has elaborate on how We gather, save, transfer, and process your information. However, Plomia may still rely on several other legal points of view and perform other processes with your personal data with the purpose of:

  • Performing the contractual obligations in Our Terms and Conditions in order to provide the products and/or services for you
  • Handling the data, directly or indirectly, for a third party or Our own legitimate interests such as to secure your data, optimise products and/or services including its marketing campaigns, processing payments, complying with regulatory and legal obligations, and core business review operations.
  • Complying with a legal obligation or to defend legal claims
  • Protecting the public interest or vital interest of others
  • Any other analytics that We are performing, for any information that you have expressly made public or have consented to the processing. 

Plomia’s website is accessible from almost anywhere in the world, and are subject to the local laws of your jurisdiction. Simply by accessing it, or moreover, engaged with Our products and/or services, you declare with consent that you allow your personal data to be collected and transferred from your local jurisdiction (including member states to the European Union) to anywhere that Our team operate, including but not limited to the United States, Singapore, Australia, and Indonesia, lawfully.

Even with all the measures that We have taken, it is still always advised that you, as the data subject, also help Us to protect your own personal information at all times. This can be done by doing some of these measures such as by carefully choosing and not sharing your password, limiting access to your personal devices that are used to access or engage with Our products and/or services, securing yourself from various hacking attempts or algorithms including viruses or any harmful script that may secretly leak your personal data, and by always taking appropriate caution to your surroundings.

Thank you for taking some time to read and understand our policy. 

 

 

PLOMIA TERMS AND CONDITIONS

PLOMIA (“PLOMIA”, “WE”, AND “US”, ALSO USED AS A REFERENCE FOR “PLOMIA’S”, “OUR”, AND “OURS”) IS A BRAND OWNED BY LEONARDO PURWADI THAT IS REGISTERED UNDER INDONESIAN INTELLECTUAL PROPERTY RIGHTS DEPARTMENT (DIREKTORAT JENDERAL HAK KEKAYAAN INTELEKTUAL) WITH A REGISTRATION NUMBER OF IDM000330212/J002010026310.

PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE ACCESSING OR USING ANY OF OUR WEBSITES, RESOURCES, PRODUCTS, AND/OR SERVICES (“RESOURCES”).

THESE TERMS AND CONDITIONS COMPRISE AN AGREEMENT BETWEEN PLOMIA AND YOU FOR ANY KIND OF ENGAGEMENT WITH OUR RESOURCES. PLEASE BE AWARE THAT BY USING OUR RESOURCES, YOU AGREE THAT ALL DISPUTES THAT MAY ARISE BETWEEN YOU AND PLOMIA WILL BE RESOLVED BY BINDING, INDIVIDUAL ARBITRATION AND YOU AGREED TO WAIVE YOUR RIGHT TO PARTICIPATE IN A CLASS ACTION LAWSUIT OR CLASS-WIDE ARBITRATION.

BY CONTINUING TO USE OUR RESOURCES YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREED TO OUR PRIVACY AND COOKIE POLICY, AND TERMS AND CONDITIONS AND AGREED TO BE BOUND BY THESE TERMS AND POLICIES. PLOMIA RESERVES ITS FULL RIGHT, WITH OR WITHOUT ITS DISCRETION, TO MODIFY, BY ANY MEANS AND/OR METHODS, THESE POLICIES AND TERMS AT ANY TIME AND BY CONTINUING TO USE OUR RESOURCES, YOU ARE ALSO HEREBY AGREED TO BE RESPONSIBLE FOR REVIEWING AND BECOMING FAMILIAR WITH SUCH MODIFICATIONS YOURSELF AND ARE SOLELY RESPONSIBLE FOR ENSURING THAT THESE TERMS ARE IN CONGRUENCE WITH ALL LAWS, RULES, AND/OR REGULATIONS THAT ARE APPLICABLE TO YOU.

YOU MUST BE AT LEAST 14 YEARS OLD, OR IF YOU ARE LOCATED WITHIN THE EUROPEAN UNION (EU), YOU MUST BE AT LEAST 16 YEARS OLD TO ACCESS OR USE OUR RESOURCES, INCLUDING WITHOUT LIMITATION TO COMPLETE A STACK OVERFLOW ACCOUNT REGISTRATION. BY ACCESSING OR USING THE SERVICES OR THE NETWORK IN ANY MANNER, YOU REPRESENT AND WARRANT THAT YOU ARE AT LEAST 14 YEARS OF AGE OR 16 YEARS OLD OF AGE IF YOU ARE LOCATED WITHIN THE EU.

PLOMIA RESERVES THE RIGHT TO MODIFY, DELETE, RESTORE, OR CORRECT ANY INFORMATION THAT IS PROVIDED IN OUR RESOURCES AT ALL TIMES WITHOUT PRIOR NOTICE. WE ALSO RESERVE THE RIGHT TO REFUSE, SUSPEND, TERMINATE YOUR ACCESS, OR REVOKE YOUR RIGHTS TO OUR RESOURCES, IN OUR SOLE DISCRETION, WHENEVER YOU HAVE IN ANY WAY VIOLATED THESE TERMS OR BY LAW REQUIRED TO DO SO, OR WHEN WE ARE REASONABLY PUT INTO DISADVANTAGEOUS SITUATION BY ANY OF YOUR ACTIVITY, AND WE ARE UNDER NO OBLIGATION TO REMEDIATE SUCH VIOLATION, ALTHOUGH IT IS POSSIBLE FOR US TO DO SO. TO THE EXTENT THAT YOU HAVE IN ANY MANNER VIOLATED OR THREATENED TO VIOLATE OUR TERMS, OR OTHERWISE, BOTH YOU AND US MAY SEEK ANY APPROPRIATE RELIEF BY HAVING TO CONSULT FIRST WITH EACH OTHER TO ATTEMPT TO RESOLVE SUCH DISPUTE IN A SATISFACTORY MANNER TO BOTH PARTIES FOR AT LEAST (100) A HUNDRED DAYS PERIOD OF NEGOTIATION OR SOONER IF SUCH MANNER IS ACHIEVED.

ALL OF OUR RESOURCES THAT ARE USABLE AND/OR ACCESSIBLE BY ANY PARTIES, INCLUDING BUT NOT LIMITED TO TRADEMARKS, TAG-LINES, TEXTS, PICTURES, LOGOS, FONTS, PHOTOGRAPHS, ARTWORKS, ILLUSTRATIONS, SOURCE CODES, APPLICATIONS AND SOFTWARES, AUDIOS, VIDEOS, ANIMATIONS, AND DESIGNS ARE THE INTELLECTUAL PROPERTY OF PLOMIA AND/OR THIRD PARTIES WHICH ARE PROTECTED UNDER THE UNITED STATES, INDONESIAN, AND THE INTERNATIONAL INTELLECTUAL PROPERTY RIGHTS LAWS WHICH CONSISTS OF BUT NOT LIMITED TO COPYRIGHT, TRADEMARK, INDUSTRIAL DESIGN, PATENT, TRADE SECRET, PUBLIC DOMAIN, OR PUBLIC LICENSE LAWS, TREATIES, AND/OR COVENANTS. ANY RIGHTS AND OBLIGATIONS THAT ARE APPLIED WITHIN OUR RESOURCES ARE DIRECTLY IN ACCORDANCE WITH THOSE LAWS. YOU ARE RESPONSIBLE TO UNDERSTAND SUCH LAWS YOURSELF IN ORDER TO KNOW YOUR LIMITATIONS WHEN USING OUR RESOURCES.

YOU WILL INDEMNIFY AND HOLD PLOMIA, AND ANY PARTIES RELATED WITH THE RESOURCES—INCLUDING BUT NOT LIMITED TO ITS PEOPLE, THIRD PARTIES SUCH AS EXTERNAL CONSULTANTS, AGENTS, SERVICE PROVIDERS, ASSETS PROVIDER, SYSTEMS PROVIDERS—HARMLESS AND FREE OF ALL CHARGES OF POTENTIAL LOSES AND DAMAGES IN ANY FORMS, FINANCIAL AND/OR NON-FINANCIAL.

PLOMIA NEVER GIVE ANY WARRANTIES TO ANY OF ITS RESOURCES, THUS WE HEREBY DISCLAIM ANY OF SUCH THINGS AND PROVIDE OUR RESOURCES ON AN “AS IS” BASIS ONLY, THEREFORE WE WILL NOT BE LIABLE FOR ANY LOSS, DAMAGE, OR POTENTIAL HARM RELATED WITH THE USAGE OF OUR RESOURCES, ALTHOUGH WE MAY, IN OUR SOLE DISCRETION AND UNDER NO OBLIGATION AT ALL, MAKE EFFORTS TO RESOLVE ANY PROBLEMS THAT YOU ARE ENCOUNTERING WITH OUR RESOURCES.

—-END OF TERMS AND CONDITIONS—-

Thank you for taking some time to read and understand our Terms and Conditions.

Every business, either directly or not, will always be connected to people. While it is known that dealing with people is the most complicated thing a human can possibly master, there is still some principle we can hold on to. People liked to be appreciated, understood, and respected. We all know deep down we are a social being that needs such acknowledgement and acceptance from our society. Scientific findings also state about this behaviour (the herd instinct or morality), some say it's the remaining survival instinct from our early stage of evolution and others say it simply is planted within our genes (Dobelli, 2013). They want to feel empathized—loved—and do not want to lose it. Unfortunately, those who did lose the feeling of being loved may become so distanced toward others, or worse treat others badly as an act of revenge. If we want to grow our business well, we can't just walk away from these kinds of people, we still have to deal with them. Here, persistence is key.

There are many understandings about persistence and even broader for love. But what we meant about these two words in the business world is something much more than their definitions: culture. For that purpose, a clear understanding of the topic is crucial and it needs to be defined clearly, both the definitions and the interpretation. Hence, we provide our definitions of persistence and love as below:
 

Persistence:
The ability to keep pushing forward creatively without delay.

Love:
The act of fearlessness, yet caring, grateful, sincere, and moderate in thoughts, words, and deeds for the greatest good of all—including ourselves.

 

Although both are inseparable to achieve great success, love is undeniably the more important factor. Without persistence, love alone can help a business thrive, let alone survive. But without it, persistence by itself won't be able to sustain itself or worse, unconsciously directing businesses towards pitfalls. These characteristics shouldn't only be done regularly, but they'll have to embed deeper in every part of the business as a culture. They will have to be done even to the most subtle part of the business itself, like chatting. Companies need to encourage their employees to adopt these two traits as a habit and keep them growing until they become a really powerful positive force that can buffer many adversities that business often encounters. In fact, they have long observed to be able to contribute to business' success significantly. Amongst those who did this are Robert K. Greenleaf, which named such style of management as Servant Leadership which continues to inspire dozens of more researchers who explore deeper about the subject that find more empirical results of how such a culture can actually enhance profit. That management style actually improves employees' productivity and encourage them to be creative which of course contribute to the companies' profit positively. On the other hand, in times of distress, employees that are trained to have persisting and loving culture will be much more likely to stay to help the company and even take more responsibility when needed. This will utterly help businesses thrive and become much more resilient in managing risks and staying profitable (Jones, 2012).

The P and L in the name Plomia actually stand for Persistence and Love because of their importance. Nevertheless, business is a very broad topic, without any further categorisation, it will still be very hard to analyse any using those two traits only. Just as how any strategy needs tactics, or vision detailed with missions, after these two come the further technical aspects of businesses that will help businesses achieve such culture wholly: the operating, marketing, and investing activities. For each aspect, there are more specific details that are needed to be learned to make the best out of them which will involve the use of many different metrics.

Think of this culture (persistence and love) as the foundation or principle of a business management and those three aspects (operating, marketing, and investing activities) are the techniques that will develop specifically according to the condition—just like strategies versus tactics, vision against mission.

There is nothing new about either operating activities or marketing or surely, the classic investing rules like ratios or so, yet the perspective of how we should see that these three aspects are the only thing which forms a business is surely a new and probably challenging. This is what we propose using the Plomia framework because this way of thinking will force decision makers to limit their problem by classifying them into those 3 aspects only. This will force them to see the problem clearer and determine which part the problem affects the business the most and focus on solving it rather than trying to fix everything at once—one step at a time. We design it this way because our minds act in such a manner that multitasking is actually never proven to be a productive way to solve a crisis—The Single Channel Theory by Schweickert and Boggs explores deeply about this (Buser and Peter, 2011; Lojeski et al., 2007; Tang, 2005; Spink et al., 2002; Rubinstein et al., 2001).

The framework itself first comes mainly out of frustration from observing many business owners that doomed themselves to failure—regardless of age—because of their inability to prioritise and identify the true problem that matters the most, or in short, they multitask the problem-solving activities. This is however understandable, most of the times it occurs when business owners or managers get too caught up on their operational tasks, or simply because of conflicting interests that push their mind out of focus, although it also depends greatly on their own characteristics (Hartman, 1998). This mess will usually rush them to grab a chance for a quick bulk up front without considering the long term impact that may potentially add more complication to the business. In some worst cases, they could also get bluntly destroyed by frauds and the most terrible case is when the owner’s trustees—the directors himself—became the fraudster by choice or by chance.

Basically, Plomia framework is created to provide the simplest yet most complete and flexible way to assess, manage, and improve any business. It has already been developed (and trademarked) by Leonardo Purwadi since 2010 when he first started his trade business. He was 18 years old at the time with little experience of business. As time goes by, he learned many things due to his interest towards the business world, by reading and experimenting what he learned from various resources from stakeholders to academic teachers, from employees to business partners—and fraudsters. Combining those with the unending curiosity, coincidentally the main principles that are crucial for businesses can be summarised as an acronym using exactly the same word as the trademarked name: Plomia.

Plomia stands for Persistence and Love in Operating, Marketing, and Investment Activities.

The idea is to design a favourable culture so that we can implement the best-practise or proven-to-work findings in each of those three business aspects to achieve business success. This should be able to be accomplished by keeping a good track for latest information provided worldwide from various reputable resources. Unfortunately, in this internet era, it is hard to select a good, true, and useful information. There are many opinions available almost equally on both sides, facts are often biased, changed or even manipulated, intentionally or not, by irresponsible sources—sometimes just to benefit themselves (Stephens-Davidowitz, 2017; Knaflic, 2015). This makes it hard for us even after we understand the Plomia framework—which metrics should we use?

There are lots of sources out there, good and bad ones. It is our pleasure to provide the selection as good as possible on the website. Knowledge is an ever-changing subject, it needs to be updated, kept being tested, and checked for relevancies overtime. That is why our team is dedicated to continually testing this framework and updating the articles in plomia.com. You can also contribute doing this by sending us emails for improvements of articles to This email address is being protected from spambots. You need JavaScript enabled to view it. and the result of using our framework to This email address is being protected from spambots. You need JavaScript enabled to view it.. We truly appreciate any help you give and thank you for contributing. Nonetheless, in general, we tried to provide the best practised and effective methods and knowledge that have been proven to work. Please consider reading those related articles before taking any decisions regarding this framework. The Plomia framework relies heavily on those updated articles.

In summary, to use this framework, decision-makers are invited to separate business affairs into 3 categories: operating, marketing, and investing activities. The objective is to measure the level of persistence and love in each aspect by using measurement methods or metrics. The metrics itself will be continuously updated according to the latest findings of best-practise applications. We hope this framework can achieve what our founder hoped it should, to achieve the best possible improvement for any business at any stage, size, and type, or even further for individuals.

 


Provided Below is The Definitive Guide on How to Use Our Framework


The framework is aimed for companies or businesses at any stage, size, or type, from sole traders, partnerships, to corporations, whether they operate as manufacturers, traders, or service providers. It uses mainly quantitative data based on financial reports and other internal business data such as brand names, number of employees, certifications, and more. A standard format of IFRS financial report and those aforementioned data is highly recommended to be prepared as extensive as possible before practising this framework to get more in-depth and accurate insights. Otherwise, decision-makers can independently associate business knowledge provided in plomia.com to compare directly to their specific cases.

Decision makers will have to separate their business’ activities into marketing activities, operating activities, and investing activities. To do this effectively, it is advised to read the full article about this framework thoroughly. The standard guide is provided as below:

  1. Persistence and Love is both the base and the final objective for every business to be successful, the alpha and the omega. In business, it can be implemented in various ways, hence come the operating, marketing, and investing activities.
  2. Operating Activities are every business operations that are happening mostly internally, such as product development, fulfilment process, deliveries and logistics, internal control, audit, employee affairs, legal and compliance, systems and technologies, and more. The goal of this aspect is to maintain sales.
  3. Marketing Activities are everything that is related to customers, branding, advertising, promotions, sales, marketing budget, and more. The goal is to generate sales.
  4. Investing Activities are mostly related to ratios. This part will broadly analyse many factors from ROI to employee productivity to turnover ratios, current ratio, net profit margin and many more. It is a classical way to analyse and score a company based on financial information that is mostly available in the internationally standardised financial reports. The goal is to maintain profitability.

Those three activities are then analysed further for any signs of persistence and love within each activity. The signs are usually shown as a consistent year on year improvement or at least stable, and the honesty and congruency of the silos that observed separately, whether they are actually trying to improve and give the best in the respective activities or not. Further detail will also be provided in the articles according to the subject in the sidebar or footer links (e.g. operating activities section) because the parameters (metrics) that need to be observed and interpreted are plentiful with many different specific methods for each and according to the condition of the business, thus needs to be elaborated separately in details.

Decision makers are then advised to focus on the business’ primary weakness (usually the worst score), rather than trying to fix everything at once to avoid the counterproductive effect of multitasking. Focusing on the real pain also give some chance of fixing the problem in the other aspects as well since they are all actually related. But if the problem on the other aspects still persists, reassess and change your priority toward the next worst area, and repeat this process until your business manages to run well at a favourable pace. Although a business will never be constantly in perfect shape, doing this one-step-at-a-time approach should greatly enhance your business—and also your mental—health.

In case the problem is found to be spreading in more than one part of the business (e.g. marketing and operating), decision makers are suggested to choose the worst affected part. This is because a total failure in one of these three aspects can cause a severe problem that will make the entire system collapse. Such cases are like the (almost) bankruptcy of AIG Insurance in 2008 or Toys “R” Us just recently, which are merely caused by its investment part problems—debt. A Fortune article by Bloomberg (2018) states it like this:

Paragraph 8:
“The downfall of Toys “R” Us can be traced back to a $7.5 billion leveraged buyout in 2005, when Bain Capital, KKR & Co. and Vornado Realty Trust loaded the company with debt.”

Paragraph 13:
“Toys “R” Us generated $11.5 billion in sales in 2016. And though the company hadn’t reported an annual profit since its 2013 fiscal year because of interest payments, its operating income had risen 22 percent, to $460 million.”

The problem is surely not in its operational nor marketing aspect, they’re generating relatively good portions of sales, but still unable to pay the interests. By the time this article was written, they have filed for bankruptcy for their worldwide range of retail networks (Corkery, 2018).

We used to see business suffers a lot because of marketing, the case where a business is unable to retrieve or generate enough sales, or operational problems too—for operations, usually, fraud is the main culprit.  They may or may not linked together, but just one critical failure in any part has proven to be able to cause bankruptcy so beware. We suggest decision-makers be able to choose only one part to be prioritised before taking any other steps for other parts, but this doesn’t mean leaving the others unattended, standard procedures must be running as well while the restoration is taking place. It is you as a decision maker, which at times will also need to be the ultimate supervisor, that have to focus your attention to that one specific part. In our framework, the goal is to ensure that the persistence and love are achieved. Find out more about this in the specific article for your specific problem on our website.

Alternatively, business decision-makers can design a specific dashboard based on this framework to keep track of their progress on the improvements or maintaining the achievements. To do this, go to our sidebar in the left or footer links at the bottom and select metrics provided in every article that is displayed categorically using the framework’s main idea: operating activities, marketing activities, investing activities. Select up to 3 metrics for each aspect—operating, marketing, and investing—that you find most insightful and relevant for your business and design a table (or other suitable display methods) to make a dashboard using those metrics.

Now you're ready to take on some more, go ahead and start reading our other articles!

References:
Bloomberg (2018) Toys 'R' Us is considering closing all of its U.S. stores amid bankruptcy. Fortune. Available at: http://fortune.com/2018/03/09/toys-r-us-closing-us-stores-bankruptcy (accessed 21 April 2019).
Buser T and Peter N (2011) Multitasking: productivity effects and gender differences. Tinbergen Institute Discussion Paper 11-044/3. Amsterdam and Rotterdam: Tinbergen Institute.
Corkery M (2018) At Toys ‘R’ Us, a $200 million debt problem could lead to $348 million in fees. New York Times. Available at: https://www.nytimes.com/2018/05/11/business/toys-r-us-bankruptcy.html (accessed 21 April 2019).
Dobelli R (2013) The Art of Thinking Clearly. International ed. New York: HarperCollins.
Hartman EM (1998) The role of character in business ethics. Business Ethics Quarterly 8(3): 547-559. ISSN 1052-150X.
Jones D (2012) Does servant leadership lead to greater customer focus and employee satisfaction? Business Studies Journal 4(2): 21-35.
Knaflic CN (2015) Storytelling with Data. Canada: John Wiley & Sons, Inc. ISBN: 978-1-11-900225-3.
Lojeski KS, Reilly RR and Dominick P (2007) Multitasking and innovation in virtual teams. Hawaii International Conference on System Sciences 44b. DOI: 10.1109/HICSS.2007.394.
Rubinstein J, Meyer D and Evans J (2001) Executive control of cognitive processes in task switching. Journal of Experimental Psychology: Human  Perception and Performance 27(4): 763-797. DOI: 10.1037//0096 -1523.27.4.763.
Spink A, Ozmutlu HC and Ozmutlu S (2002) Multitasking information seeking and searching processes. Journal of The American Society for Information Science and Technology 53(8): 639–652.
Stephen-Davidowitz S (2017) Everybody Lies. Great Britain: HarperCollins Publishers. ISBN: 978-1-40-889469-9.
Tang JC (2005) Ubiquitous computer: Individual productivity at the expense of social good? San Jose: IBM Research. 

More Articles ...

Joomla SEF URLs by Artio

Learn business with Plomia framework

I am a student, a teacher, a researcher, or a businessman eager to boost my knowledge about businesses. 
Start here...

Consult your business cases with us

I am having this persisting problem in my business and I am open to data-driven solutions, analytics, and strategies.
Tell us the details...

Find useful resources for your business

I am a business practitioner that have already been familiar with businesses and I need practical tools to improve my business.
Read more...
By using our site, you acknowledge that you have read, understood, and agreed to our Privacy and Cookie Policy and Terms and Conditions.
Got it!