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The duty is serving another's interest.

The relationship

is private and confidential

resting on confidence and trust.

The ethos is integrity.

The success is the wisdom or accuracy of the

service rendered irrespective of the use to which

it is put by the recipient.

The responsibility is non-delegable ;

the scope

of the duty is the same whoever undertakes it.

The practitioner is wholly answerable for the

first act performed in the pursuit of a professional

career.

The quality is the best known to the profession.

The quality control is the standard set by the

profession.

Business on the other hand, is entreprenurial.

It creates and innovates ;

it exploits opportunity.

It generates a demand for its own products ;

marketing is its special characteristic.

Business training is progressive from job to job

through the line of promotion.

Business responsibility is delegable. Judgment

and discretion are allowed in accordance with

capacity and experience. Delegation of authority

measures accountability.

The objectives of a business enterprise deter

mine what it does and how it does it. Business

may regulate its quality. Car manufacturers may

produce luxury cars, prestige cars, comfortable

cars and, subject only to the requirements of

safety, purely functional but highly uncomfortable

cars. Some might argue that the foregoing con

trasts suffice to illustrate the inappropriateness of

trying to assess the contribution and reward of the

professions according to the practices of a market

economy.

There are, however, the terms " Productivity "

and

" Competition"

to be

considered. These

almost emotive terms conjure up notions of pro

gress and aggressive efficiency, thereby suggesting

that non-participation is a form of decadence.

" Productivity " may mean greater output for

less effort, or it may mean the creation of more

goods in greater variety in order to create an

urgency of wants. The first is achieved by the

substitution of machines for people. The second

is the counterpart of the first, a device to maintain

the level of employment and provide a source of

income ;

its by-product is inflation. The palliative

sought is price stability. Whilst the professions

124

would acknowledge the need for an orderly pro

gression of incomes in line with general economic

development, they do not participate directly in

the economic struggle ; their participation is purely

derivative.

The demand for their services is not susceptible

of any form of planned control; they render

service where they are needed. In the area of

" competition "—Professional practitioners com

pete on the basis of quality. The volume of work

which they build up is dependent upon the repu

tation they have gained in the rendering of past

services. Resources are not pooled, rewards are not

shared. Bargaining is regarded as detrimental to

confidence and trust; integrity should not be put

at risk. The professions accordingly forbid or

discourage undercutting of fixed or customary

charges and forbid touting or advertising for new

business.

The degree of knowledge and skill to be used

is determined by the task in hand. The attention

required for solution cannot vary. It is not variable

according to the reward.

Nevertheless, practitioners operate at different

levels of knowledge and skill, the general practi

tioner where general knowledge and skill

is

adequate, the specialist where particular know

ledge and skill is called for. This does not reduce

the quality of performance which remains at the

level of the best known. It relates to the concen

tration and intensive training of the man-power

equipment. There is no objection to the specialist

negotiating higher fees according to his profes

sional standing and the nature of the service to

be rendered.

The professional practitioner

looks

to high

quality demand as his main motivation, and

expects reward to be a reflection of this rather

than a source of it. I am not an economist, but

am I not right in thinking that unrestrained com

petition in business has led to insecurity, that the

old belief in economically perfect or atomistic

competition in which the discipline of the market

was regarded as supreme is now discarded, and

that in the business world reduction of risk

associated with future activity now substitutes for

the former objective of maximisation of profits ?

If this be so, are the professions to be subjected

to an outmoded economic concept or is insecurity

something to be welcomed for others ?