One of the blessing of having business competition is vendors. Our B2B vendors and suppliers.
Like office equipment suppliers and food caterers. And also the CRM/SCM software resellers and network platform vendors.
Oh, don't forget those office furnitures, the pantry's appliances and corporate gifts suppliers too. And there's training consultants, private security firms and accounting advisors.
And the routine management conference, seminars, staff retreat and company dinners mean event management firms, travel agencies and hotels.
It's a blessing because these suppliers come from dozens of different companies vying to sell the same product. And they must do a good job 'convincing' us to choose them over their competitors.
So I've instructed our procurement department to invite hundreds of all sorts of tenders and solicit these companies to convince us.
And when they come to the product presentation, as always, they won't come empty-handed. Most of vendor presentations come complete with samples, goodies, and freebies.
All these giveaways will be stored in a special room, marked 'Employee Performance Benefits'. With stuffs from hundreds of bidding companies, I'll have more material rewards to motivate my staff for an entire decade.
But this is the best part. Each vendor will be required to go through me personally, where they'll have the best opportunity to make their bid loud and clear.
Vendor: Please consider my company for your $30 million supplies.
Me: I only conduct business with people I trust.
Vendor: You can trust me.
Me: I only trust friends.
Me: A friend will make their friend happy.
Vendor: What makes you happy?
Me: A sponsored trip to Europe for my whole family. And a Panerai chronograph.
Vendor: Say hello to your new friend.
Before you think I'm a corrupt, let me remind you this is not a bribe. Because after all those lavish gifts I enjoyed, I will not approve their tender.
The only 'further notice' they'll get will be that of my funeral.