The Neuromonitoring Lounge

A place to ask, share, advise, vent, criticize or "whatever" about Intraoperative Neuromonitoring

Friday, April 29, 2005

Should Vendors Compete with their Customers?

OK. I'm only a sales rep in this industry, so clinical topics will not be our specialty here, at least when it's authored by me (actually, that would be a great topic itself - should a clinical background be mandatory for a sales rep). But there are so many other controversial issues in neuromonitoring, I'm sure we will keep it hopping in the Neuromonitoring Lounge.

To kick this off, I want to pose the question: "Should Vendors (ever) Compete with their Customers?"

Vendors spend a great deal of time with manufacturers, administrators, department managers, service company owners, technologists, doctors, everyone that is involved in the industry. They obviously learn a ton from these resources. Sure, they get some clinical training, but because of the diverse skill sets of those with whom they interact, they learn all aspects of the business.

Some reps work hard to become a billing "expert" that can consult those who may be considering starting their own service. These reps learn not only the business aspects of neuromonitoring, but where the contracts are, when they expire, where staffing issues exist, etc. This knowledge is gained from their customers who are existing service providers (either in-house or contract). It is then offered to a potential competitor in effort to facilitate a sale! Is this right? Is it unethical?

Well how about the rep that decides to be the "business person" and partners with or starts his/her own IOM company? Is this right? Is it unethical?

A capitalist might argue that we let competition thrive, and that everyone has the right to compete for IOM business. But it sure gets close to the ethical boundaries, considering how the knowledge was gained. Is this different from any other industry where, say, a young developer hones his/her skills at Microsoft then ventures out to start a dot com?

What do you think?

5 Comments:

  • At 2:55 PM, Anonymous Anonymous said…

    sounds a bit like insider trading to me...

     
  • At 6:07 PM, Anonymous Anonymous said…

    Unfortunately business is business. I have learned over the past two years that there is a lot of unethical conduct being practiced. Business owners doing whatever it takes to get a "contract". I guess I (unlike many others) refuse to operate in such a manner. I will continue being ethical, enjoy what I am doing and get paid well to do it. As far as using others to gain knowledge, well... how else do you learn the ropes as to being a successful business owner.

     
  • At 7:44 PM, Anonymous Anonymous said…

    Insider trading is a lot less work than neuromonitoring! Regardless of the "inside track", in IOM you have to earn your keep!!!

     
  • At 10:50 AM, Anonymous Anonymous said…

    By insider trading I meant using contacts to gain inside information and then using it against them in direct competition. Everyone learns the 'ropes' as they go however, that is not what the pragraph is saying.

     
  • At 11:35 AM, Blogger NeuroSalesGuy said…

    I wrote the article and posed the question. My response is that it is flat out wrong to complete with those who trusted you and helped you develop your "sales" pitch / skills.

    I agree with the insider trading comment...a rep would be entrusted with information that is then used to create an unfair advantage.

    I opened up the question because I saw this done before, both in IOM and when I was at Xerox. Both I feel where ethics violations.

     

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