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I totally agree. A business school professor of mine, Stuart Diamond, wrote a book called Getting More about using these ideas in negotiation. His theory is tha
by mikekij 7y ago
I totally agree. A business school professor of mine, Stuart Diamond, wrote a book called Getting More about using these ideas in negotiation. His theory is that you should always be leaving money on the table. If you're not, you're playing the short game.
https://www.amazon.com/Getting-More-Negotiate-Succeed-Work/dp/0307716902 https://www.amazon.com/Getting-More-Negotiate-Succeed-Work/d...
- fuzzfactor 7y agoWhen both parties leave a representative but not show-stopping amount of money on the table intentionally, this can potentiate exponential growth like nothing else. Effectively each group gets to focus on efforts & shape the outcome in pursuit of mutual growth, with a non-lopsided good-faith buffer to start with, compared to predatory terms. The reduction in risk and increase in functional leverage is phenomenal. Alternatively, with a ruthless arrangement, there will be opportunity-sucking or destructive imbalances for operations across a financial spectrum, whether prosperous or underperforming at the time. Greedy ars'les thrive making surplus look & act like shortage.