Feedback: Back to basic business models
- By Karol Burt
- Mar 09, 2007
It is pathetic that anyone believes yet another regulation will help prevent improper business practices. ["Ethics rules proposed for federal contractors," Washingtontechnology.com, Feb. 16]
Let us get real about what causes improper business practices ? it's power, politics and money.
More regulations, inspections and audits won't stop improper business practices. What is needed is a fundamental reassessment of the business models in use within and between government and industry because they're not working to our benefit.
It's a fragmented cause-and-effect cycle we're in ? industry does something bad, and the government issues new policies and regulations. Government does something bad, and independent committees are established to look at acquisition resources, performance metrics, outsourcing or whatever.
The ones who suffer are the most critical assets within any institution ? the employees. Why should they invest in their employers when the employers no longer invest in them? Although they see firsthand the improper business practices, no one else seems to care, so why should they?
If you ask the average employees in any company or agency, they just want to contribute and be recognized and know that they matter. Today, most employees feel like they're sucking wind and running like a hamster on a wheel.
Let's return to basics and bring back leaders who have passion for business ethics, integrity and the people. The United States is being professionally outperformed by other countries and cultures because, unlike here, other countries and cultures spend a lot of time and money on their primary assets ? the people who do the work and bring in the revenue.
I'm embarrassed to be a U.S. citizen when article after article, audit after audit, inspection after inspection reveals hundreds of cases of bad business practices in both industry and government. But those in charge are too busy with their own personal agendas to care.Karol Burt
KLB and Associates