...For exclusive use at HONG KONG UNIVERSITY OF SCI AND TECH, 2015 www.hbr.org BEST PRACTICE Everyone knows that being fair costs little and pays off handsomely. Then why do so few executives manage to behave fairly, even though most want to? Why It’s So Hard to Be Fair by Joel Brockner • Reprint R0603H This document is authorized for use only in Managerial Communication by Caroline Wang, HONG KONG UNIVERSITY OF SCI AND TECH from August 2015 to January 2016. For exclusive use at HONG KONG UNIVERSITY OF SCI AND TECH, 2015 Everyone knows that being fair costs little and pays off handsomely. Then why do so few executives manage to behave fairly, even though most want to? BEST PRACTICE Why It’s So Hard to Be Fair by Joel Brockner COPYRIGHT © 2006 HARVARD BUSINESS SCHOOL PUBLISHING CORPORATION. ALL RIGHTS RESERVED. When Company A had to downsize, it spent considerable amounts of money providing a safety net for its laid-off workers. The severance package consisted of many weeks of pay, extensive outplacement counseling, and the continuation of health insurance for up to one year. But senior managers never explained to their staff why these layoffs were necessary or how they chose which jobs to eliminate. What’s more, the midlevel line managers who delivered the news to terminated employees did so awkwardly, mumbling a few perfunctory words about “not wanting to do this” and then handing them off to the human resources department. Even the people who kept their jobs were less...
Words: 5980 - Pages: 24
...A little town was unusually noisy today. There came a fair. And since very morning everybody – children, adults and elderly people- gathered in the central square. Such a fuss! The fair was a very important occasion for people. They worked hard for the whole year and took a rest during those summer days. It was greatly celebrated. The square was decorated with flags, ribbons and flowers. Music was playing loudly. Children were laughing. And artists were performing and singing. All of those noises were combined in a melody of universal holiday. A little bird was singing with the melody. She liked fairs. She liked holidays. But in that town they were so infrequent! What a pity! -Mommy! – Asked the little bird her mother that was cleaning her feathers sitting under the roof beam, - Why people don’t like the fairs? Why they have fun so rarely? -Because, my little birdie, they should work hard to deserve this holiday. -I want more holidays, mommy! - Stubbornly twittered the little bird, - Where can be more holidays? -Well, I don’t know if it is true, but one day the Old Raven told us the story about the City. There are more people, so there should be more fairs, I guess…- the mother-bird murmured thoughtfully. -The City, - the little bird repeated it dreamily. It was the day when the little bird decided to go to the City. Next morning when the mother was asleep the little bird managed to leave their cozy nest and to start its long way to the City. The bird had been...
Words: 632 - Pages: 3
...1. Is it fair for a luxury goods company to raise prices on their "It" bag of the season? Why or why not? It seems fair for a number of reasons. First, the price is one of the reasons why the bag is so special. If many people can afford it, it will loose its ‘desirability’ and the sense of its ‘uniqueness’. Second, no one forces them to buy this bag for the high price, as this is not an essential good and people can live without it. Third, company raise prices, because they know that the demand for the items will be high even with the new price, even though it is not an essential product. 2. Upon graduation, you are offered a job at a good company for $55,000, non-negotiable. You find out the company offers $62,000 to graduates of NYU and Columbia. Do you take the job? Why or why not? I will take the job if I am satisfied with the offer. It seems fair that students from more prestigious universities get the higher wages. There is an assumption that NYU and Columbia have more sophisticated programs and great professors, so the average graduates have more knowledge and training for the future job. Also, many people think that it is harder to get into these universities, so the students are very hard working and aim for the best results. Some people might think that this is unfair since students are evaluated based on the school profile or how great the school is and overlook the actual knowledge they have. However, after some time, in most cases the good employee will get...
Words: 422 - Pages: 2
...can mess around and they will still be praised for the things that they have done. The reasons why America has started to give children trophies for participating is so all the kids don’t think that one of the kids on the team is better than them. Another reason of why they do this is so that it is fair for all the students, and the parents won’t become upset with the coach if their child is angry about not getting a trophy. From watching children play sports now to back in the day, children should not get trophies for just showing up to mess around. The first reason why children should not get participation trophies is because they know that they can do nothing and they will...
Words: 1050 - Pages: 5
...Fairness is just good management. We already know that if you want to be a good manager you have to be fair to all. But what does that mean? And how can you be fair more often to more people? What Does Fairness Mean? It is part of the quirkiness of the English language that fair means according to the relative merits of each or consistent with rules and logic. However, it also means moderately good or satisfactory. So a fair manager can mean either one who treats others fairly or one who is only moderately good as a manager. Our goal is the first meaning. Why Is Fairness Good Management? When asked, a group of almost 2200 people reported fairness as the most important trait of a boss for who whom they would want to work. When you treat your employees fairly they spend less time worrying about who else is getting an unfair share. They don't spend a lot of time looking for ways to increase their own share. They spend less time looking for another job. And they spend more time working for you and getting more done. When you treat others fairly two things happen. Your own employees notice and respect you for it. It reinforces their belief that you are treating them fairly and will continue to do so. Second, the other people who you treat fairly will respond in kind. You will get better cooperation from them. That makes your job and the job of your employees easier too. How To Be A Fair Manager A good manager is one who treats everyone fairly. That means his/her employees, but also...
Words: 724 - Pages: 3
...The Effects of Globalization and the Coffee Industry Assignment #5 ECON 401 December 30, 2014 Globalization has had an effect on many aspects of our lives, socially, economically, politically, and culturally. Since the 1970’s trade barriers have been minimized and the coffee industry has been a high import and export for many countries being the second most traded commodity in the world behind crude oil (Chapman, Hodges, 2011). As the industry evolved and large corporations fed on the increasing demand for coffee, it has become a commodity many countries rely on; 20 million people depend on coffee for their livelihood (AAFC, 2010), whether it be the north American coffee retailor to the small farmer, we can say that globalization has and will continue to affect every aspect of the coffee chain. Supply, Demand & Price It is evident today that people need to have their coffee. In the 1960’s and 70’s half of the worlds coffee came from Columbia and it was about $3.00 per pound (Lewis, 2014). The industry was booming and protected by the Columbia Coffee Federation. This was a regulatory party who acted as a mini union for the coffee farmers who basically had no voice to the state. At this time it was good business to be in agriculture in Columbia. Since then demand has only risen as the large coffee retailors such as Starbucks and Seattle’s best have made coffee drinking a major social pastime. The shifts in the coffee supply and demand are not predicted by...
Words: 3373 - Pages: 14
...following paper I will discuss the topic of welfare and is it fair to drug test for welfare. I will go into the pro’s and con’s of the subject and why I disagree with this article on the stance that it is not fair to drug test the applicants for welfare. The main premise of the article, by the author, is to state the stance that it is not fair to drug test applicants. That the stigma of people who use welfare is already bad, so now they have to be classified as drug users too. Added to the argument is, are they going to test alcoholics for alcohol or prescription drug users for that as well. While I agree that just testing for drugs should not be the end all be all, I think that it is an important step in weeding out certain people from the people who really need it. Let’s look at the facts; there is no real way to police people from using welfare or food stamps properly. It has also been proven that it is widely abused and it is very easy to work the system to get. As a hard working tax payer, it frustrates me that people work the system and get my hard earned money in return. The way I approach this subject and many other subjects is would it be unfair for me or would it violate my rights. I view drug testing for welfare a lot like drug testing for a job. If you want the job you have to abide by the rules of the employer and submit a background check and a drug test. Same goes for welfare, if you really want the help, why should a drug test stand in the way. In my opinion, the...
Words: 455 - Pages: 2
...commercial or public use without restriction - not protected by copyright restrictions 3. What is “fair use”? - “the conditions under which you can use material that is copyrighted by someone else without paying royalties and without seeking written permission” 4. What are the four tests of fair use? a. Purpose and character of use b. Nature of the copyrighted work c. Amount and substantiality used d. Market effect The following are scenarios that involve the use of information. Indicate if each is plagiarism or an infringement of copyright or not and why you think so. • Chole found really good information on a website and copied a few paragraphs from it and pasted it into her paper, but did not cite it in her paper. Is this an ethical use of information or she guilty of plagiarism and/or copyright violation? Why or why not? - She is guilty of plagiarism because she used someone else’s words and did not cite them. • Mary has a personal Internet site which contains pictures, cartoons, and sayings from the web that she has copied and added to it. When asked if her use of items she has found on the web might violate copyright, she reported that she was careful to use only those things that did not have a copyright notice. Is that an ethical use of information or is she guilty of plagiarism and/or copyright violation? Why or why not? -This is an ethical use of the information...
Words: 587 - Pages: 3
...operators think students are the largest market in the industry competition, but its difficult to market to students because they are hard to reach and they are cynical about sales pitch. Virgin mobile decide recuit students as their promoter,but it is problem that how to identify student markers with brilliant ideas and good selling skills. Red Hat: 1.Virgin Mobile phone operator worried about the fierce competition. 2.Virgin Mobile phone operator hopeful promote the brand to students and open the large students market. 3.Virgin Mobile phone operator expected winning a large market share in the student market. 4.The students hated to promotes sales. 5.Students satisfied with mobile phone can be convenient to contact. White Hat: 1.Virgin Mobile is a phone operator in UK. 2.Now,Strong competition between mobile phone operators. 3.Great potential in student market,such as UK,there are 2.5 million students in this place,and 96 percent of them own a mobile phone. 4.Student market are hard to promote and students are cynical about sales pitch. 5.Virgin Mobile has decided to work on promotional campaigns in the campus,in order to promote the brand to students. Blue hat: Virgin mobile think student market has most potential than other market and decided to entry the student market with brilliant idea or good selling skills. So in my view, virgin mobile company’s business behavior is reasonable. But they should more careful when they extend to student market. In strategic way to say...
Words: 550 - Pages: 3
...are large by any standard. I was worried about the virus getting close to home when I learned of its existence in the late 1980’s. Since then I have come across several persons that currently have the virus or have died from the AIDS disease. Healthy individuals are needed to work in order to build product for consumption and exporting. Economic growth through resources will build much needed capital, which will increase a countries wealth in time. The HIV/AIDS pandemic has been most devastating for the smaller uneducated countries around the world. (Case, Fair, & Oster, 2009) The HIV/AIDS pandemic has been the most devastating disease in the world. Forty million were infected with the virus before the year beginning 2006. Twenty-five million people died from aids by the end of 2006. (Case, Fair, & Oster, 2009) “In 2005 alone, 3.1 million people died of AIDS and 4.9 million were newly infected with HIV (Case, Fair, & Oster, 2009)”. These numbers are large enough, but they are even larger in any of the small countries in Africa. Many countries as sub-Saharan Africa, the AIDS disease is the leading cause of death. Population growth will increase the number of AIDS victims too. Moreover, the AIDS disease can be passed from mother to child during child birth or after through breast feeding. Education is needed in prevention of AIDs and other...
Words: 1777 - Pages: 8
...college athletes be paid? Of course they should because they work hard on their sport. The average time spent on practicing in division 1 sports is 43.3 hours a week! This is more than the average worker spends a week! Another reason college athletes should be paid is because if they were paid the game/sport would be way more interesting and fun to watch. Also college athletes bring a lot of money to the school and they don’t get any of it, how is that fair? College athletes spend a lot of time working and practicing on their sport. They spend every day and every chance they get either on the field/court working and practicing or even in the gym working out to be stronger for their sport....
Words: 649 - Pages: 3
...Fair Trade is a global movement, all about helping the world and the people on it. The organization believes “that everyone wants to do what’s right,”(Why Fair Trade) so they help those who are short-changed, focusing on their impact on certain aspects of the world; benefits to the economy, income sustainability, empowerment, individual and community well-being, and environmental stewardship. “Fairtrade as a certification is much more than merely an environmental certification, it is the only and best ethical and social certification that really ensures social and environmental, ethical and economic impact, and therefore human impact.” (Calderon) Fairtrade is gradually empowering communities to organize into cooperatives and improve their...
Words: 993 - Pages: 4
...opportunity they say. I think that saying might just be false with the way our nation is today. The main reason I believe being that the federal minimum wage is too low. Minimum wage should be $15 in every state. If we want people to experience the freedom and opportunity, it can’t be done off $7.25. People have kids to provide for, colleges to attend, families to support, and so many more things. The luxury to afford to have all the “freedom” or “opportunity” the rich may have isn’t plausible for minimum wage workers. Every morning these people wake up and questions whether they have enough money for food or housing for example. Robert Reich, an American political economist, professor, author, and political commentator, made some good points on this issue. Reich also believes that the minimum wage should be $15 an hour. We both agree with federal minimum wage being hiked to $15 an hour. My reason as to why I agree with him being that Reich gives 7 very valid reasons as to why the raise should occur. The benefit over time would be well worth it. Congress instituted the minimum wage in 1938 as part of the Fair Labor Standards Act (DOL). The first minimum wage that was established was 25 cents an hour (James). The last minimum wage increase occurred in 2009, when Congress raised the rate to $7.25 an hour (AFL). The District of Columbia and 19 states have also established local minimum wages higher than the federal rate (AFL). Over the past 65 years the minimum wage has varied considerably...
Words: 2199 - Pages: 9
...film was shot in different countries and in multiple languages. Berlinger presented the situation and issue from all viewpoints, capturing the drama and events as they slowly unfolded. There were many people involved, but their main focus was to advocate and fight against the environmental and human suffering in the Amazon. The lawsuit against Chevron, the 5th largest corporation in the world, has been going on for 16 years already. They’re hoping that Amazon will run out of funds to fight against the company. In the beginning, there were only a few people supporting and helping the Amazon. But through interviews like Vanity Fair, it allowed the families and parents living in Amazon to tell their heartbreaking stories. Many of them have lost their children from birth defects, cancer, and died from poison because they drank from the streams. The Vanity Fair gained a lot of global recognition and soon, the President of Ecuador and the wife of the lead singer of ‘The Police’ were both trying to use their social and political status to advocate Chevron’s destruction and contamination of Amazon and it’s inhabitant’s violation of human rights. Berlinger reported this complex...
Words: 570 - Pages: 3
...I like to talk about why businesses and housing who don't like put in a wheelchair accessible ramp and why they don't make their businesses and housing wheelchair accessible. Businesses and housing isn't good with people in wheelchair because don't want to put in a wheelchair accessible ramp and change them to be wheelchair accessible, but they should try to make it wheelchair accessible so they can get more customers, make them independent in their home, and understand the laws of putting a wheelchair accessible ramp and making it wheelchair accessible into a business and homes. My first main point for business is reading the Guide to Disability Right Laws. The reason why is because people have no idea what people in wheelchair go through...
Words: 811 - Pages: 4