Tags for This Article:

Other (877)  Work (431)  Business Small (42) 

Populum Tag Cloud
       Control Panel
Fine tune your search to access content
Articles
Diaries Products
Events All
All time
Last 6 mos
Last month
Last week
Last 24 hrs
From:
Month  Day   Year

To:
Month  Day   Year
Alphabet
Popularity
Count ON
Count OFF
This Level
Sub-levels

 

 

 

Tag(s): ; ;
Add to My Group
July 14, 2007 at 10:07:08

A More Ethical Way to Do Business

by Jim Donovan     Page 1 of 2 page(s)

www.opednews.com

 

Tell A Friend

View Ratings | Rate It  

I was about to post the article below when the story of the Whole Foods CEO broke on the ABC Evening News. Since this is a great example of hot not to do business, I thought it appropriate to mention.

Aside from being sleazy, unethical and probably illegal, the actions of Whole Foods CEO, John Mackey were just plain stupid and his claim that it was "just a joke" is as lame as they come. 

These kinds of underhanded tactics, reminiscent of the old time politicians who used to tie return postage cards to bricks in an attempt to bankrupt their opponents, represent the worst of the worst in the business community.

What makes it even dumber is that he did it with a business whose target customer is a cultural creative. I won't buy anything in Whole Foods again until he's fired. I cannot, in good conscience, contribute to this type of behavior. I don';t care how cute he thinks it is. It's not. 

The article below was written prior to learning about this debacle but it offers an alternative way to conduct oneself in a business. 

A prime retail location recently became available on Main Street in the heart of downtown Doylestown, Pennsylvania. An upscale, charming community, with a good amount of local and tourist activity.

Nestled amongst upscale restaurants, unique shops, local bookstore and trendy national brands like Chico's, The Gap and Starbucks, one could only wonder what would fill this newly vacated space. 

What opened there, probably the last type of store anyone would have guessed and certainly one which a business school professor would have vetoed, was a competing brand of coffee.

At first glance you might question the sanity of the decision to open a coffee shop two doors down from a Starbucks, however, upon closer examination it becomes apparent that not only will the newly opened location survive, but more likely will thrive. 

You see the new business, The Bucks County Coffee Company, has the business savvy to differentiate themselves from the national brand. 

In all fairness to The Bucks County Coffee Company, they do have a high profile since Doylestown is the county seat of Bucks County, PA and the company has been known throughout the area for years. 

The real significance however, is that they are clearly not attempting to go "head-to-head" with the Starbucks giant, but rather to play on their uniqueness and emphasize their differences. 

This is the lesson for all small businesses, especially those who are faced with a national brand, or a big box store coming to town. 

The way to succeed in a competitive environment is to look for ways that you can emphasize your strengths without taking away from the other business. 

In the abundant universe we live in, there is always plenty to go around, providing you stay focused on what is working and avoid, at all costs, getting into a state of feeling lack or thinking "life is a dog eat dog" proposition. 

Doing the latter will only attract more of the same and you will soon see your business failing. 

 1  |  2

 

www.TurnaroundMentor.com

Jim Donovan, is the author of several critically acclaimed self-help books, published in more than 20 countries and a highly sought after motivational speaker and small business coach. His newest service "Turnaround Mentor," provides coaching and mentoring for small businesses who want greater results.

Contact Author
Contact Editor
View Other Articles by Author

 

Bookmark this page: (what's this?)

NETSCAPE      DIGG THIS      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      My Web      Tag!RawSugar      Blink List     (More...)
Comments: Expand   Shrink   Hide  
No comments

 

Tell A Friend

 


Copyright © OpEdNews, 2002-2008

Blog Ads

 

 

 

 

Most Popular Articles
in the Last 2 Days
(by Recommend Emails)

The Mailer That Put the Final Nail in the McCain Campaign Coffin by Rob Kall

On Naomi Wolf's Sounding the Alarm by Dr. Dennis Loo

Race in the 2008 Election by Sally Liuzzo-Prado

FEMA Official States Bush Is Planning To Implement Martial Law by William Cormier

The dangerous McCain/Palin character assassination of Obama by Sherman Yellen

Sarah Palin; Secessionist-- powerful new Youtube Video by youtube

Capitalism Condemned in Scriptures; Let's Dump It by Jay Janson

Obama Must Appoint a Consumer Protectionist as FDA Commissioner by Stephen Fox

PECK, PECK... SQUAWK! by Rip Rense

Sarah Palin Broke The Ethics Law In Alaska, And Can Be Impeached by Rev. Bill McGinnis

Go To Top 50 Most Popular