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Imagine yourself owning a small business that repairs and refinishes antique furniture. You employ a staff of 15 and have been in business for about 10 years. During that time, you have built a reputation for yourself by only delivering the highest quality restorations. In the past year, you have fallen on hard times because of a slumping economy.
One Friday, your office manager comes to you and says, “We won’t have enough money to make payroll unless we deliver the following five jobs, but the production foreman just told me that they all have flaws.” You inspect the jobs and think you can pass the workmanship off to the customer if you lie and tell them some of the defects were there when the furniture was brought in. Your only other option is to not deliver the jobs and tell your employees you cannot pay them.
What do you do, why will you do it and what will be the outcome of your decision (how will it affect your employees, your business and your view of yourself)?
Rules: It’s an either-or; you can’t borrow from the bank again. You can’t borrow from your friends. You can’t steal the money. You can’t sell your car or do a “go fund me”. You have to make a choice from the two options presented and defend your decision. You will also need to discuss the fallout from your decision and tell how you will deal with it. This is not an easy decision but it is one that many small business owners face and is one that you may face in the future. I ask that you look into yourself before answering this quesiton and answer honestly. Your grade is based upon your level of self reflection and how in-depth you answer the question.
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Please send me your 1.15 spaced, two full page response formatted in Microsoft Word.
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