Tethered Swag
Now that the gift giving (and receiving) season is over, it’s time to reflect again on those gifts. Specially gifts from vendors.
Everyone loves swag; it’s the tethered swag that concerns me. These are the gifts from vendors that are clearly intended to influence my behaviour.
I’m not sure if I’m especially hard line on this, or simply prudent. When vendors offer or give me gifts and favours what is happening: buying my favour, cementing my loyalty? Simply acknowledging a relationships, or deftly acquiring a relationship?
I should be careful not to impute poor motives on behalf of all vendors. Perhaps these gifts are innocent goodwill and genuine tokens of appreciation. Perhaps. But I’m responsible for a significant budget and we have policies precluding gifts (as do all public sector organizations). Regardless, the gifts still come or are offered.
So, what are my favourite examples of tethered swag (all turned down BTW)?
Number 3: tickets to sporting events. Always popular; apparently we’re all jocks. Box seats for Leafs and Raptors games; way beyond my normal reach.
Number 2: local golf. Either tournaments arranged by the vendors or green fees at exclusive clubs. I’m newly obsessed with golf so these were quite attractive.
Number 1: golfing vacation in Arizona. By far and away the largest value swag offered. All expenses paid, just the usual short vendor presentation (in addition to the informal stuff on the course and in the bar).
My friends in the private sector think I’m quaint; in their industries they both give and receive lots of gifts and favours with clients and suppliers. And the intention is very clear and above board: build or solidify financially lucrative relationships. No ethical confusion here; it’s business. It’s different in my situation.
So, I find myself turning back even the most modest gift; I also tend to pay for dinners and lunches with vendors. I’m a cheap date for the vendors but I’m at the table with a clear conscience.
…Mike