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Where’s the Line ?

Right and wrong in a for-profit world

It's All About "Show Me The Money"

April 26th, 2007 @ 8:16 am

8 Comments

Categories: Client Relationships, Office Life, Personal Conduct

Tags: Where's The Line?

Two of my colleagues recently approached me and told me they were starting their own firm and wanted me to join them. I thought about it for a night, realized I liked my current employment, and respectfully declined. When I told them the news, they said that they would expect me to keep their plan a secret. The problem is that I know they will try to steal some of our current clients, which would hurt my company. At the same time, I'm honored that they approached me about their project and don't want to sabotage their plan. Where's the line?

Remember that scene in "Jerry Maguire" where Tom Cruise gets fired from his agency, announces he's going to start his own agency, and sets off a mad scramble where he tries, unsuccessfully, to steal all of his old clients. Remember how it ends? "Show me the money." That's what you have to remember here.

The second your colleagues hatched a plan to start their own firm, they became competitors. They think they can do the work better than your company currently does it, and they no doubt have been scheming up a way to convince your company's clients to come with them. They're planning to show them the money… your money.

Your allegiance is to your own company, and you need to protect your interests. Every client that walks out the door with your colleagues is money from the company coffers. And it's those coffers that pay your mortgage and put food on your table.

It's great that they asked you. Take a second and enjoy the honor. Now do what it is that made them want to steal you in the first place. Be a good businessman and protect your company's interests. The best defense is a good offense. They've been planning their offensive in secret, and you have the ability to begin a counter-offensive before it's too late.

If you want to be the good guy, you find your colleagues, tell them you feel an obligation to inform your superiors, and give them the option to do it themselves. If they balk, or give you grief, or scold you for violating their secret, the game is on. March right into your boss's office, let them know what's going on, and then start the work of keeping your clients. I'd begin with the accounts handled by your two colleagues, because those will be the most vulnerable.

This isn't personal. It's business. Come on and say it with me. "Show me the money."

Have a workplace-ethics dilemma? Ask it here, or email wherestheline@gmail.com.

 
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  •  
    1

    RoyBenjamin

    04/27/07 | Report as spam

    It's All About "Show Me The Money"?

    "Show me the money" is the poorest advice I have ever heard.
    After you walk in to your bosses office and announce what your friends are doing you may be considered an "at risk employee".

    Your boss will consider the possibility that you will talk to your friends from time to time and you may be an information source for their new competitors. You may find yourself looking for a new job and have a couple of new enemies in the industry rather than a potential employer.

    Keep your mouth shut. Keep you friends and your job!

    Trying to steal clients is what competitors do. If your company has the best value for the client they will keep them. If they don't they would have lost them to some other company anyhow.

  •  
    2

    Zapf

    06/28/07 | Report as spam

    Information is power

    I agree with not saying anything. If the advice in the article is ultimately about protecting one's back, then the employee who has information about their company and about the new competition has the advantage. They can keep their options open and/or help their current company if they choose to do so--if they use this information judiciously. Sharing the knowledge about the new competition carte blanche with their current employer (before it is even a reality) immediately weakens the employee's own position, possibly closing some doors for opportunities with the folks who left (and maybe even some doors in their own company). If the goal of the article is to link completely ethical behavior with a higher guarantee of job security--then go ahead, tell all, your conscience will feel good, and hopefully your wallet or your career won't regret it in the future.

  •  
    3

    Emp Rx

    06/28/07 | Report as spam

    "Show ME Loyalty"

    I am the founder and Managing Member of a small HR Outsourcing consulting firm with a huge market. I have brought my company from concept to reality through blood, sweat, tears, and many long nights of lost sleep.

    I recently had to severe relations with a salesperson who knew nothing about our industry, sales, or my business. He joined my firm because he saw the tremendous potential of the industry, and of "MY" model. I spent 6 months of my time training him to become a success. He recently asked for 90% of the revenue from his sales. I informed him that he was being unreasonable. I asked how any business could survive, and if he would offer me the same deal. He will no doubt try to duplicate what took years for me to develop.

    How would you like it?

    As a growing small business I rank loyalty, moral grounding, and responsibility above anything else. I would suggest you try it sometime, it may help you reach your goals in life.

  •  
    4

    Zapf

    06/28/07 | Report as spam

    When loyalty doesn't pay

    How would you like it if you gave 15 years of your career to a company you thought cared about you? You were a loyal employee, and stuck through the hard times--only to not be supported by your employer in any way, shape, or form (time, money, flexibility, more resources) when it really mattered--resulting in your having to leave the organization from a severe case of burn-out? Might make you think twice about advising people to give a loyalty a try sometime.

  •  
    5

    josemanuelperalta@...

    04/27/07 | Report as spam

    A Life Lesson

    "Show me the money" issue isn't just a work issue, it's a life lesson of being loyal to your principles and personal values. If you don't have them, surely won't be a "good guy" in work and/or life.

    Follow the "Show me the money" rule !

  •  
    6

    tlt709@...

    06/28/07 | Report as spam

    Walk A Day In His Shoes!

    The only person who can tell you what to do is yourself. Put yourself in your employers "shoes", now ask yourself what level of commitment and loyality you would expect of them. It all goes back to the "do onto others as you shall have them do unto you". Look within yourself for the answer. Good luck.

  •  
    7

    melfinn

    06/28/07 | Report as spam

    It's All About "Show Me The Money"

    I absolutely agree with Mr. Benjamin. It is an unfortunate response, but history, and even recent history dictates that the whistle blower gets the boot from ALL parties. My advice is to work harder to retain your clients and you would have no worries but the inside scoop!

  •  
    8

    GC07

    07/01/07 | Report as spam

    Look to yourself

    The original advice sounds great and I wish it were the way things worked in my experience - but it's not. There's too much we don't know about your present employer and the situation driving your colleagues out the door. That said - I suggest you keep mum and protect yourself. No need to make enemies of your colleagues or suffer who-knows-what repercussions from your boss for trying to do what you perceive to be the ethical thing. Your boss could view you negatively for any number of reasons should you speak out. Besides - you don't know for a fact that your colleagues are working to take clients. My suggestion is you keep to the high road and position yourself for any opportunities that might arise -- your boss may get panicky and incentivize you to stay via a raise and promotion. Mum's the word!

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