A rule worth keeping.Viogel Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) . Building Co., a contracting firm that is profiled in this edition of C&DR magazine, has a core philosophy that seems to be a recurrent recurrent /re·cur·rent/ (re-kur´ent) [L. recurrens returning] 1. running back, or toward the source. 2. returning after remissions. re·cur·rent adj. 1. one with many successful companies. When CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Pete Vogel was asked to consider what philosophy runs throughout his organization which has some 150 employees located in two states he cited the Golden Rule, which is commonly quoted as, "Treat others as you want to be treated." Whether dealing with customers, co-workers or vendors and suppliers, Vogel urges employees to maintain the rule as an operating principle. Doing so can be much more than an attempt to stay on the good side of whatever spiritual power one believes in, and more than a way to ease one's conscience conscience, sense of moral awareness or of right and wrong. The concept has been variously explained by moralists and philosophers. In the history of ethics, the conscience has been looked upon as the will of a divine power expressing itself in man's judgments, an . Over the course of years and then decades of doing business, it is almost certainly the wisest course of action. It seems hard to believe it's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have a coincidence Coincidence is the noteworthy alignment of two or more events or circumstances without obvious causal connection. The word is derived from the Latin co- ("in", "with", "together") and incidere ("to fall on"). that so many multigenerational mul·ti·gen·er·a·tion·al adj. Of or relating to several generations: multigenerational family traditions. companies profiled by this publication--and trade magazines in a host of other industries--include comments from second- or third-generation owners pointing to the same philosophy. Profitability is an imperative and always must be. But profitability as considered on a per transaction basis can be much different from what happens over the course of time. What "Golden Rule" companies may have going for them include the following: * The ability to communicate honestly and openly with customers, sparing employees the confusion and possible danger of trying to "keep their stories straight" with different customers. * The benefit of the doubt and goodwill that comes from having treated a customer well. Perhaps, as the investor prospectuses say, "Past results are no guarantee of future performance." But anyone who makes a purchase from a known and trusted source can ideally spend a little less time keeping an eye on that supplier and a little more time being productive on other job duties. * A track record that a price or contract offered is solid and can be relied upon or used in a budget. In contracting in particular, too many customers have learned the hard way that accepting what seems like the best offer from an unknown quantity carries with it risks of surcharges, missed deadlines, etc. Space permits only a snapshot (1) A saved copy of memory including the contents of all memory bytes, hardware registers and status indicators. It is periodically taken in order to restore the system in the event of failure. (2) A saved copy of a file before it is updated. of how Golden Rule companies distinguish themselves. But there's a good chance that readers of this publication have themselves experienced how sticking to such a philosophy, while not always easy, has in the end allowed them to earn both respect and repeat business. |
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