Quality Magazine logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Quality Magazine logo
  • NEWS
  • PRODUCTS
    • FEATURED PRODUCTS
    • SUBMIT YOUR PRODUCT
  • CHANNELS
    • AUTOMATION
    • MANAGEMENT
    • MEASUREMENT
    • NDT
    • QUALITY 101
    • SOFTWARE
    • TEST & INSPECTION
    • VISION & SENSORS
  • MARKETS
    • AEROSPACE
    • AUTOMOTIVE
    • ENERGY
    • GREEN MANUFACTURING
    • MEDICAL
  • MEDIA
    • A WORD ON QUALITY PUZZLE
    • EBOOK
    • PODCASTS
    • VIDEOS
    • WEBINARS
  • EVENTS
    • EVENT CALENDAR
    • IMTS
  • DIRECTORIES
    • BUYERS GUIDE >
      • Supplier Insights
    • NDT SOURCEBOOK
    • VISION & SENSORS
    • TAKE A TOUR
  • INFOCENTERS
    • Digital Quality Management Systems
    • NEXT GENERATION SPC & QUALITY ANALYTICS
  • AWARDS
    • ROOKIE OF THE YEAR
    • PLANT OF THE YEAR
    • PROFESSIONAL OF THE YEAR
  • MORE
    • Expert Columns
    • NEWSLETTERS
    • QUALITY STORE
    • INDUSTRY LINKS
    • SPONSOR INSIGHTS
  • EMAG
    • eMAGAZINE
    • ARCHIVES
    • CONTACT
    • ADVERTISE
  • SIGN UP!
Management

The Moment of Truth

Satisfying the customer is all about the money!

By Jim L. Smith
December 2, 2020

Whether we realize it or not everyone’s job, including the quality professional, comes down to one thing; helping our companies, at least those in business to be profitable, make money! Regardless of what we do in our company, it is our responsibility to help generate revenues so that our company succeeds.

This seems to be a very simple concept, yet it is amazing how few people seem to understand that the entire profit-based companies must have financial resources to exist. Unless a company has the power to legally print money, all our efforts and commitment to the business for which we are associated must be focused on getting the money.

Several months ago, a friend and I were having dinner at a restaurant that was well known for their food quality as well as their exceptional service. The food was served buffet style, which is important to the story. The restaurant stops serving at 9:00pm, but as likely happens many times when a busy highway runs past this restaurant, at 9:05pm a couple enters expecting to have a nice sit-down dinner.

The young waiter, however, dashed their expectations. Failing in her moment-of-truth opportunity, the waiter denied them service. The couple noticed food remaining on the buffet and people still eating in the dining room, so they were very unhappy to be turned away.

This waiter did not comprehend the concept of ‘moment of truth.’ Moment of truth is the instance or the moment when there is interaction with a customer when a product is sold, or the delivery of a service is done. In the first few seconds the customer forms or changes his/her opinion about the brand or the company.

My friend and I were somewhat amazed, but not totally surprised, at the whole scenario. My friend said, “Don’t they understand it’s all about the money?” We agreed that this restaurant, even with its fine food and good service, could very likely go out of business. The reason being that either management had not trained their staff well or the staff had little realization about how and why they stay employed. No profit-based business can remain open by prohibiting people from giving you their business and their money.

We may wonder what a person could possibly, under the circumstances, be thinking to turn away business. The truth of the matter is it is what they were not thinking that was the problem! The restaurant lost revenue because the staff did not understand the correlation between their job and sales that generate income, now and in the future.

In these situations, giving people a poor experience has a domino effect. It is almost a 100% probability the unhappy couple told at least ten people about their experience, which could significantly add to the loss of business. The statistics indicate that 4-10% of unhappy customers just go quietly away like this couple but 90% never come back. Unhappy customers talk about their experience and influence others to look elsewhere when spending their hard-earned money.

Even if you are in business for yourself, you still must generate income to remain profitable! My father used to say, “Money doesn’t grow on trees,” and unless you are working in such a way that is causing income to be produced, it will not be long until you are no longer in business. You must continually generate and support ways to generate money through the sale of products, goods and/or services.

If you think back a few years – it is a safe bet, you can generate a list of companies who are no longer in business. Also, think about all the employees who were disadvantaged by losing jobs and income. It may be surprising but about half of all establishments survive only five years and about one-third survive only ten years.

Why does this happen? Simply they couldn’t generate the money to pay their bills and when the money dries up, the game is over, and everyone loses. People in these establishments forgot that satisfying customers “is all about the money.”

It is easy for someone to say, “If I got paid more, or if I could make more money, I would work harder!” The error in that thinking, however, is if you don’t work hard, every day, to produce at your optimum level I can assure you that the money may not be there in the future and you won’t have a job at all.

Whether you work for yourself or work for someone else, do not lose focus on the money and the customers who are willing to reward your company by purchasing your goods and services. Many years ago, I attended a conference where Hilary “Zig” Ziglar, the late author and motivational speaker, said, “Money isn’t the most important thing in life, but it’s reasonably close to oxygen.” If you do not think money is not important, try living without it and see how that works!

There is no doubt that succeeding in business requires great products, good people, and effective processes. It is certainly management’s responsibility to provide those things along with a positive work environment; however, everyone, including the quality professional, must be focused on generating income and profit. This means that everyone in the company, from the corner office down to the person performing the work, must continually do their best, effectively and efficiently.

KEYWORDS: customer needs profits

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Qm0222 clmn face p2 author jim smith

Jim L. Smith has more than 45 years of industry experience in operations, engineering, research and development and quality management. You can reach Jim at [email protected]

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • 2024 Quality Rookie of the Year Justin Wise 1440x750px banner with "Quality Rookie of the Year" logo inset

    Meet the 2024 Quality Rookie of the Year: Justin Wise

    Justin Wise is an exceptional individual who has been...
    Aerospace
    By: Michelle Bangert
  • Man with umbrella and coat stands outside while it rains at night looking at a building.

    Nondestructive Testing: Is there an ethics problem?

    I was a whistleblower who exposed fraudulent activities...
    NDT
    By: Dale Norwood
  • Unraveling Deflategate: Football stadium with closeup of football on field

    Unraveling the Tom Brady Deflategate

    The Deflategate scandal erupted following the 2014 AFC...
    Measurement
    By: Greg Cenker and Henry Zumbrun
Manage My Account
  • eMagazine Subscriptions
  • Newsletters
  • Online Registration
  • Subscription Customer Service
  • Manage My Preferences

More Videos

Sponsored Content

Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to the Quality audience. All Sponsored Content is supplied by the advertising company and any opinions expressed in this article are those of the author and not necessarily reflect the views of Quality or its parent company, BNP Media. Interested in participating in our Sponsored Content section? Contact your local rep!

close
  • Key Takeaways for Quality Leaders
    Sponsored byComplianceQuest

    Key Takeaways for Quality Leaders from the 2026 Gartner Magic Quadrant™ for QMS

  • This image shows a person seated next to a Bobcat T66 compact track loader.
    Sponsored byPolyWorks by InnovMetric

    Supercharging Digital Gauging at Bobcat North America

  • Dorsey Calibration Lab photo by Tom LaBarbera Picture this Studios
    Sponsored byDorsey Metrology International

    Ensuring Product Quality in a Competitive Manufacturing Landscape

Popular Stories

This image shows a person seated next to a Bobcat T66 compact track loader.

Supercharging Digital Gauging at Bobcat North America

a professional in the aviation field performing maintenance, repair, and overhaul (MRO) work

Manufacturing Retention: Strategies for Improving Company Culture, Engagement and Skill Development

Dorsey Calibration Lab photo by Tom LaBarbera Picture this Studios

Ensuring Product Quality in a Competitive Manufacturing Landscape

2026 Quality Professional of the Year!

Events

June 22, 2026

Automate 2026

Automate is North America's largest robotics and automation event — and the best place to take your ideas from insight to impact.
 
Our show floor features the world’s leading automation solutions, from AI and robotics to motion control, vision systems, and more. Plus, our educational conference is second to none, led by the brightest minds in automation today.
 
Ready to transform the way you work? Take the next step at Automate.
July 14, 2026

Quality Leaders Forum: Better Communication, Better Quality Data

The Quality Leaders Forum is a quarterly, editor-moderated fireside chat series hosted by Quality Magazine, featuring candid conversations with senior manufacturing and operations executives shaping enterprise-level quality.

View All Submit An Event

Products

Lean Manufacturing and Service Fundamentals, Applications, and Case Studies

Lean Manufacturing and Service Fundamentals, Applications, and Case Studies

See More Products
Quality Podcast Channel Custom Content

Related Articles

  • a businesswoman posing confidently in a modern office or conference setting.

    Tech Transfer is the Moment of Truth for CDMOs

    See More
  • Random-Variation-.jpg

    A Moment of Random Variation

    See More
  • QM 0222 CLMN Face of Quality Jim Smith 1170x658

    Coping with Dissatisfaction

    See More

Related Products

See More Products
  • ZEuCDwAAQBAJ.jpg

    Lean Six Sigma In The Age Of Artificial Intelligence: Harnessing The Power Of The Fourth Industrial Revolution

  • Building Lean Supply Chains with the Theory of Constraints

  • certified.jpg

    The Certified Manager of Quality / Organizational Excellence Handbook, 4th Edition

See More Products
×

Stay in the know with Quality’s comprehensive coverage of
the manufacturing and metrology industries.

Newsletters | Website | eMagazine

JOIN TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Manufacturing Division
    • Store
    • Want More
  • SIGN UP TODAY
    • Create Account
    • eMagazine
    • Newsletters
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Market Research
    • Reprints
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2026. All Rights Reserved BNP Media, Inc. and BNP Media II, LLC.

Design, CMS, Hosting & Web Development :: ePublishing