Competition--Good or Bad

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sunandaC

Sunanda K. Chavan
In the workplace, competition has received some bad press in recent years. Greed and layoffs are the two most frequently touted sins of competition. These two sins, however, can always be minimized with new rules (if the appropriate governing bodies are willing to live up to this responsibility of making such new rules) such as increased taxes on the greedy and work replacement/ training/ length-of-workweek rules for employees. We are always in need of newer updated rules for competition because of this changing society. Where there is no competition, such as on the government payrolls, there is institutionalized inefficiency.
 
Competition is component of living society and a excellent thing. It really motivates people to get their best, simply because if not, somebody otherwise will appear and take chances. Competition is something about how well are you performed under pressure. It challenges you to get better, stronger and improve the way of your living. So its important and good from point of view.
 
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