Discussion in 'The Barber Shop' started by Alacrity59, Jul 8, 2019.

  1. TexLaw

    TexLaw Contributor

    Not to get overly academic, but what is "fair"? One tends to see "fair" through one's own lens. In my experience, "fair" isn't much more than that place where you go to ride the ferris wheel and eat corn dogs. As a concept, it's about as amorphous as it can get.

    I have made and continue to make a great deal of my living, directly or indirectly, from negotiating deals. Some of those are negotiations are on my own behalf and some are on the behalf of others. Some are on behalf of the supplier, and some are on behalf of the consumer. In any case, when it comes to evaluating the terms of a deal, I don't care about "fair" as much as I care about "reasonable." Of course, "reasonable" isn't much better defined. It's all about . . . well . . . figuring out what works for you under the circumstances. That said, parties usually can get through a roadblock by explaining to each other the reasons for their respective positions and then getting a little creative.

    I worry about ethics, as well, but that's all about obeying accepted rules and practices (some written, some not). That's a different sort of "fair," I suppose.

    In any case, if you don't think you're being treated "fairly," you gotta get up. Either get up and fight, or get up and leave. If you are treating someone unfairly, you better be ready for them to get up and do something.
  2. Amen.
  3. Mr. Scruffy

    Mr. Scruffy Moderator Emeritus

    That is why when I meet someone who is currently (or formerly) with McKinsey & Co. I politely find someone else to talk to.
  4. Alacrity59

    Alacrity59 Moderator Emeritus

    The company that hatched Tom Peters? Ah well . . . not everything that shines is a star. I've been involved with a lot of consultants over the years. I've been pleased with many. I've even been happy with several that worked on a contingent basis. Yet some have been absolute disasters.
  5. Exactly - if the terms of the deal and the explanation for these terms are reasonable then it's possible for both parties to be "satisfied enough" with the outcome, and return business is quite possible. There may even be mutual respect. Many parties have to do business on a regular basis.

    The whole point of "honour" which used to be so historically important, is that it worked in small circles of people where loss of reputation could be catastrophic. We've lost a lot of the importance of "honour" in large multicultural societies which are anonymous enough for many to get away with bad practices.
  6. Alacrity59

    Alacrity59 Moderator Emeritus

    I agree with your dad's way of dividing things.
  7. Alacrity59

    Alacrity59 Moderator Emeritus

    Yes that is a brilliant example. I also have no doubt that even with prepayment this company never ever gets a fair deal. Their reputation is set in stone. It is very very hard to recover.
  8. I'm kinda slow, so I had to read this twice. Very well stated. As long as someone isn't looking to cheat someone I'm all for calling it a fair deal. I had it easy. Folks could read the sign, and either sit down and get a haircut or not. And come back the next day if I screwed up, but that only happened once. He was about 21 and his mom called to complain. Had him come back, made some noises behind his head and cut nothing. His mom called me back and said how nice it looked. I was always busy every time she called for an appointment for little Lord Fauntleroy after that, amazingly. I still hate privileged primadonnas, even if I can't spell it.
  9. Mr. Scruffy

    Mr. Scruffy Moderator Emeritus

    Do you mean the Tom Peters who made gazillions of dollars from writing the mega best seller "In Search of Excellence" only to admit later that he falsified the underlying data supporting his conclusions in the book?

    I like to think of consultants as corporate seagulls. They fly in, crap all over the place, then fly back out.
  10. ackvil

    ackvil Moderator

    You are right on, Harry.

    One of the companies I worked at hired some consultants to review their business model for a segment of their retail business. A group of young folks fresh out of Harvard Business School and who have never worked for a company arrives on the scene. Six months and over a $1 million later they come up with a number of recommendations. Most of the recommendations were to change the image of the company via a different advertising program and changing the merchandise mix in stores to draw in higher income customers. The result was a sales drop of over 5%. Over a year later there was a change in corporate leadership and the first thing they do is to bring in some new consultants. Their findings: the company lost its identity and they should go back to the advertising and marketing practices they had prior to making the first set of changes.
  11. oc_in_fw

    oc_in_fw Contributor

  12. Doc4

    Doc4 Moderator Emeritus

  13. oc_in_fw

    oc_in_fw Contributor

    Every once and a while they allow a sacrificial lamb to quiet the hoi polloi

Share This Page