A few bad apples
Editor,
I read the article "The rightful criteria for a good company (August 22),"
and I would like to draw readers' attention to the following. There are surveys
(here in the West) that many analysts, investors and financial institutions take
much note of in decision making.
Brand image, public and customer perception of a business is important and it
is easy to lose huge amounts of business if your customers lose respect for you.
Earlier this year one of our more popular confectionery producers made a "public
relations" mistake that cost them over 20 million pounds in lost business.
There is also a "league" of companies, which are the best employers. Those
companies are perceived as the best employers and attract the best workers, who
are more committed to delivering the best performance.
The rating of a business as an employer can be a big influence on the
business's public image. People everywhere prefer to deal with a company with a
reputation for honesty and decency.
In the past few days there has been much said in the Western press regarding
Apple Computer's manufacturing plants in China, in particular with regard to the
treatment of staff, which has been unfavourable to the company and this will hit
sales.
Trevor, via e-mail
Business of trust
Editor,
I was quite interested reading the controversy about Confucian influence in
contemporary business. I wrote a recent paper in French in the rather
sophisticated and prestigious French review called "Passages." The paper titled
"Asian values, myth or reality?" was debated several times in a think tank,
which regularly holds meetings at the French Senate. The content deals with the
perceptions of man as seen by Westerners and Asians and the difficulty for both
cultures to have similar views on the contemporary world.
My opinion is that doing business is certainly not the ultimate goal of
mankind. It is certainly a compulsory tool for development, but even if
development is sustainable, it could also lead to chaos and wars if there are no
ethical and moral backgrounds. This is where traditional Chinese values,
including Confucianism, are necessary.
I recently participated in a brain storming session with law experts about
the ethical aspects of business. It came out that the moral issue is extremely
important in small and big business. The rule of law should only apply in case
there are misfits among the partners. If only the rule of law is regarded as the
ultimate rule for business (as it is the case in the Anglo-Saxon business),
partners would only think of finding legal ways to cheat each other. The only
way to do good business is to have mutual confidence and trust based on a common
moral issue. This is where Confucianism can play a big role by transcending the
business rule of law, which should only be a barrier for conflicting business
situations.
Henri Tsiang, France
Standing for respect
Editor,
I read your article about "rang zuo" carried on August 12. I thought it was
interesting, but from my experience, "rang zuo" is not common. I have seen
heavily pregnant women standing and no one gives their seat.
When people try to give me their seat (I'm 53 years old), even if I am
desperate to sit down, I will not take the seat if there are old people
standing. One day I stood up (while blocking anyone from stealing my seat) and
touched an old lady and indicated to her that she should sit in my seat. As she
moved forward, and I moved away to let her in, a boy in his 20s jumped into the
seat.
But you know, I don't think this is symptomatic of China, because some young
people in my country are the same, totally self-absorbed.
I'm glad you published the article, which I will use this coming semester in
class, because it brings attention to a common problem.
R.P.BenDedek, Wuhan
(China Daily 08/28/2006 page4)