why highway roads are ups and down
Answers
Confronting someone at the office can be one of the toughest things to learn how to do. But it can be just as difficult to know when not to confront them. No matter what stage you’re at in your career, you’ll be faced with situations where it’s best to take the high road—to just let an idea drop or let an opinion go in order to maintain your credibility, your professional reputation, and, frankly, your sanity.
So, how do you know when it’s time to take a step back, instead of fighting for your side? We’ve picked three situations where you should recognize when it’s time to back down.
When You're Wrong
Sometimes, we get so entrenched in an idea that we keep fighting for it, even if it’s not necessarily the right approach. But keep in mind that it's not weak, misguided, or wishy-washy to retreat from a position when you realize that someone else's idea might be better. It actually shows that you’re a logical person with the ability to react appropriately to new information.
Natalie Pokvitis, an account manager for a software company, recalls a time when standing her ground backfired. “I was working with a colleague on an elaborate marketing event to promote our products, and I kept arguing with her every step of the way,” she says. “The event turned out to be a huge success due to her planning, and by picking apart her ideas, I ended up looking immensely petulant.”
If you realize that your idea might not be the right one—or that an idea you were initially skeptical of is a good one—you can professionally show that you’ve changed your mind by saying something like, “After seeing the data for the project, I realized that your suggestion to make an update would be beneficial. What can I do to help?”
When you back down, you prove that you’re placing the success of the project above your own personal agenda—which means that next time you do choose to hold your ground, your colleagues will know that you’re doing it for the right reasons.
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Explanation:
Development of the country’s infrastructure, being at the forefront of the new government’s agenda, naturally sparked investor interest in the sector’s stocks. Last year’s Budget aimed at addressing the sector’s primary concern of adequate funding, besides upping targets for ports and road development.
But companies in the space are still grappling with executing even existing projects. New project awarding is yet to gather the desired pace. The effects of easier fund-raising will take a few quarters more to make a discernible impact. Given the positives jostling with a host of negatives, stocks of companies engaged in the roads transport sector have been a mixed bag since the previous budget in July last year.
For the seven companies that are almost exclusively engaged in road and highways, interest costs jumped 26 per cent for the fist nine months of the year even as revenues grew a lower 9 per cent. Interest ate away almost 18 per cent of their sales