Arun Mahadevan is a commercial tendering engineer and works as a
part of Contract Price Estimation Group. Tender for a major government long term contract is getting submitted next day at 9 am. Company has strict internal approval process in place and in-fact after several reviews, price to be quoted is approved by Global Head. This internal process is complete and final approval has been received . Team is now in the process of consolidating the Offer papers for signature and submission. Arun discovers a major error ( accidentally while checking on something else) in estimating certain taxes and duties which will have a negative impact on the price. Time is 5 pm – the previous evening. Arun is in a dilemma and afraid. Revealing would certainly cost his job. But he also knows that there are atleast four big Competitors and Company may not win the job. May be keep quiet. No one will ever know.
You are Arun – What next?
Work Ethics – Be Dependable Arun has the following options a. Keep quiet. It is too late and may cost his job. There can be two eventualities : 1. After all we may not win the job and error goes undetected. Why flag? 2. We have contingency reserve provision in the price calculation – may be we adjust the loss if we win the contract b. Talk to your Boss and set a chain of action in motion irrespective of personal consequences. c. Blame it on Finance Manager. Tax calculation is not your expertise. Work Ethics – Be Dependable THE DECISION :
Option B. Arun had the courage to call Commercial
Head/ CEO late in the evening to flag the mistake. Global head was appraised and revised price was approved. Contract was lost. But gave an opportunity to critically look into the process and set it right. While Arun was appreciated for his dependability but was asked to be more proactive in the process.