Business Class

Fairness: It’s Not About Redistribution, It’s About Rewarding Merit

Imagine a classroom where there are A students and students that are getting F’s. The teacher recognizes this and decides to average the grades so that there will be grade equality. After the teacher averages the grades everyone gets a C. The students that got F’s are thrilled at their new grade. At least now they have a possibility to… Continue reading Fairness: It’s Not About Redistribution, It’s About Rewarding Merit

Business Class

Business Trust

In business relationships, especially long-term, trust is essential. The relationships could be with customers, employees, bosses, partners or suppliers. In order to establish these relationships there has to be a foundation of trust, because without trust there will be no real relationships. One would hardly expect a boss to hire an employee if their is no mutual trust. Customers… Continue reading Business Trust