Sunday, March 29, 2015

Podcast blog

During my Negotiating and deal making course. I learned so many techniques that are required when negotiating and making deals in the entertainment, sports and just an industry period. I watched 3 podcasts that deals with 3 different industries. The first podcasts that I watched was a podcasts that Stan Christensen who is a partner at Arbor Advisors a banking firm where he negotiates on behalf of mid market technology companies.  In the video he uses some of the students as an example of keeping the people from the problem. Although his lecture was based on the art of negotiation and how to negotiate when it comes to management and problem solving, he included two students who were present at the time in the lecture. The second video that I watched was negotiations on and off the field featuring former NFL quarter fro the 49ers Steve Young. In the video he discusses the negotiation process when you are an athlete. Young spoke about how there are all types of elements, agents, management and the contract. He spoke about negotiating with his agent who really didn't seem to want the money but more so wanted the attention and fame and then he speaks about how he wanted to his team to help him get to the goal line and he wanted to do the same for them. He talked about his agent wanting to be in the mix and how he had to get the team going. From watching the video I concluded that there was a sort of mutual benefit between the quarterback, his agent and the team. The third video that I watched was a podcast that Cynthia Conley who is a social worker did. In this interview she talks about negotiation and how you can start negotiating when  you are first offered the job. She also speaks about how you should do your research, research the company and the agency when offered the job then you began to negotiate. She mentioned that is best that you know what skills the employer requires, what are the mutual needs and desires on both sides which is you and your potential employers, she said its best to know so it can be a win win situation the notion of objective criteria applies to this video. When watching all three of these videos I could immediately see how each related to the three concepts from my textbook for this course.