20MillionDinar Posted January 23, 2012 Report Share Posted January 23, 2012 (edited) I once worked with an organizational management expert in the social work arena. He boiled down organizational management into something he called, The Three Cloud Theory. In the Three Cloud Theory, a client can have two of three needs met. These needs are: Good Cheap Fast GOOD: So, let's look at this in practical terms. If a client wants a project that is good and has short time deadlines, then the project is going to be expensive. In order to bring a good project in tight deadlines to fruition, a company possibly is going to have to hire more staff, pay overtime, etc. The costs of the project, therefore, will be high. CHEAP: Let's take a look at another example. Let's say a client has money constraints. Any project delivered to that client will be cheaper than in the example above. But, the client will have to decide to give up either (1) quality or (2) speed. FAST: A third client might need a project fast. That client will have to decide between quality and cost. Now, let's apply the Three Cloud Theory to the dinar speculation. We already have LaGarde's words that Iraq is an upcoming economic power with a valuable currency. So, let's call that, "Good." We know that dinar are cheap, less than 1 cent to purchase them at the moment. So, as a client in this speculation, we chose, "cheap." Now that we have chosen two of the three needs that a project can meet, expecting the RV to be fast isn't consistent with the way organizations stay in balance when delivering projects. When I look at this investment, I know it's a blessing for me. It's a good investment, and my financial risk is small. The price I pay for participating in something that will change my life is patience. Looking forward to receiving comments. ***THE ABOVE WAS NOT WRITTEN BY ME*** Edited January 23, 2012 by 20MillionDinar 3 Link to comment Share on other sites More sharing options...
Princess DinarTard Posted January 23, 2012 Report Share Posted January 23, 2012 no worries...I saw this posted on the 3sintel forum by the original author earlier today.... it is an interesting notion and I believe it's spot on Link to comment Share on other sites More sharing options...
Darin Posted January 23, 2012 Report Share Posted January 23, 2012 Your 3 Cloud Theory also applies to modifying cars.... If you want a fast car (street legal drag car for example), you can only choose two of the three. You can't have all 3. Good Cheap Fast If it is cheap and fast, it won't be good (or in other words realiable) If it is good & cheap, it likely won't be as fast (or as fast as it could be) If it is good & fast, it likely won't be easy on your check book. The obvious way for the racer to go is good & fast... Pay for quality items and have a great overall product. But w/ the IQD - I think the focus is more towards Good (as in reliable, stable, etc) It won't come fast, but at the moment, it is cheap.. As it is no longer cheap, the frequency of exchange will be fast (in & out) IMO 4 Link to comment Share on other sites More sharing options...
20MillionDinar Posted January 23, 2012 Author Report Share Posted January 23, 2012 Your 3 Cloud Theory also applies to modifying cars.... If you want a fast car (street legal drag car for example), you can only choose two of the three. You can't have all 3. Good Cheap Fast If it is cheap and fast, it won't be good (or in other words realiable) If it is good & cheap, it likely won't be as fast (or as fast as it could be) If it is good & fast, it likely won't be easy on your check book. The obvious way for the racer to go is good & fast... Pay for quality items and have a great overall product. But w/ the IQD - I think the focus is more towards Good (as in reliable, stable, etc) It won't come fast, but at the moment, it is cheap.. As it is no longer cheap, the frequency of exchange will be fast (in & out) IMO Thanks for your input Darin, it is always appreciated! 1 Link to comment Share on other sites More sharing options...
lowrywood Posted January 23, 2012 Report Share Posted January 23, 2012 As the owner of a custom fabrication shop, I find myself explaining this concept several times a week. Link to comment Share on other sites More sharing options...
GinaG Posted January 23, 2012 Report Share Posted January 23, 2012 Thanks for that info. Link to comment Share on other sites More sharing options...
Maserati Posted January 23, 2012 Report Share Posted January 23, 2012 My Biturbo was GOOD in 1985 I got it CHEAP in 1997. It is still FAST. A new Gran Turismo is GOOD, FAST, but NOT CHEAP! GO RV!!! Link to comment Share on other sites More sharing options...
TLHUBER Posted January 24, 2012 Report Share Posted January 24, 2012 I think we got into this investment at a Good time, while it was Cheap to invest and now we need the RV to happen Fast. That's my take on your theory. Link to comment Share on other sites More sharing options...
newcastle Posted January 24, 2012 Report Share Posted January 24, 2012 I once worked with an organizational management expert in the social work arena. He boiled down organizational management into something he called, The Three Cloud Theory. In the Three Cloud Theory, a client can have two of three needs met. These needs are: Good Cheap Fast GOOD: So, let's look at this in practical terms. If a client wants a project that is good and has short time deadlines, then the project is going to be expensive. In order to bring a good project in tight deadlines to fruition, a company possibly is going to have to hire more staff, pay overtime, etc. The costs of the project, therefore, will be high. CHEAP: Let's take a look at another example. Let's say a client has money constraints. Any project delivered to that client will be cheaper than in the example above. But, the client will have to decide to give up either (1) quality or (2) speed. FAST: A third client might need a project fast. That client will have to decide between quality and cost. Now, let's apply the Three Cloud Theory to the dinar speculation. We already have LaGarde's words that Iraq is an upcoming economic power with a valuable currency. So, let's call that, "Good." We know that dinar are cheap, less than 1 cent to purchase them at the moment. So, as a client in this speculation, we chose, "cheap." Now that we have chosen two of the three needs that a project can meet, expecting the RV to be fast isn't consistent with the way organizations stay in balance when delivering projects. When I look at this investment, I know it's a blessing for me. It's a good investment, and my financial risk is small. The price I pay for participating in something that will change my life is patience. Looking forward to receiving comments. ***THE ABOVE WAS NOT WRITTEN BY ME*** This does not work with investments, it only works with products. Link to comment Share on other sites More sharing options...
DogDoc94 Posted January 25, 2012 Report Share Posted January 25, 2012 My first boss had a sign in the lobby that said: "Good Service, Cheap Prices, No wait time.........pick any 2 of the 3" Always felt that was dead on Thanks for the post Link to comment Share on other sites More sharing options...
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