Category Archives: Thinking Aloud

Taking Sides

I’m in the middle of a few negotiations. Actually, I’m more of a mediator than a negotiator and I’ll explain that in a second.  What we’re negotiating isn’t important to the screed today but the manner in which the negotiations are taking place is. Frankly, I’ve rarely been as frustrated as I am at the moment and I’d like to explain why because it illustrates some things people sometimes do that are self-defeating.

The Inner Cloister

(Photo credit: kern.justin)

One thing I’ve always believed about business dealings is that there needs to be a certain amount of trust.  You have to believe that the other party is acting in good faith.  In my mind it’s like our system of justice:  innocent until proven guilty. In this case I’m working with two parties who completely mistrust one another.  In part that’s because they’re in a field that’s filled with people who misrepresent themselves.  In part it’s because neither of them is willing to reveal more than a little information at a time which fosters mistrust and doubt.  It’s a prescription for disaster.

Another thing that’s become obvious is that rather than the two parties positioning themselves on the same side of the table trying to solve mutual problems they’ve taken seats on opposite sides.  They’re missing out on the mutual creativity and solutions that can come when the parties work together.  Instead, they make demands of one another which arise from their own needs without any recognition of the other side’s reality.  It makes for a protracted discussion rather than a quick resolution.

I think it boils down to the people involved.  It’s way too easy to write it off to the industry or to the money.   Negotiating requires maturity and empathy – these folks seem to have neither.  As is the case in most business situations you can’t fix the business until you fix the people involved.  That’s a far more difficult process than any business deal.  As the intermediary, my role has been to keep the information flowing, the dialog alive and the emotion each party has been expressing to me from arriving on the other party’s doorstep to make things more complicated.  I’m successful at it some of the time but once in a while some of the above factors leak through my firewall.  It makes for interesting days.

There is only one side in a negotiation – the one on which things get done.  Of course there are divergent needs and priorities but unless and until everyone commits to a solution that is mutually-beneficial and encompasses the entirety of those things, not much gets done.  Do you agree?

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The Charcoal Experience

Foodie Friday Fun time! With the start of daylight saving time last weekend, my thoughts turn to a food-related topic: grilling. It’s hard to go outside in the winter to fire up the grill when it’s dark by the time you need to cook dinner. While I own a little miner’s lamp I can wear to see the grill surface in the dim light, it’s certainly not as easy as when the sun is till shining. Then there is the fact that it’s 35 degrees…

English: Preparing grill for grilling, grill w...

(Photo credit: Wikipedia)

We have an indoor gas grill and we put it to use over the winter, but there’s nothing like grilling over hot coals. Which spurred a thought about technology, of course.

Lots of people I know own gas grills they use outdoors. There’s no question that this little bit of technology has made their lives easier, just as the high-powered vents that allow us to use our indoor gas grill do. But the technology hasn’t made the food any better. In fact, I think most things cooked on a gas grill taste flat – they lack the grilled flavor that charcoal imparts. Or worse – they have an artificial taste that comes from the gas.  Better technology but a worse experience.

Think about how that same principle translates into other things. There’s no question email has made communication easier in business but I think the “flavor” of the communication is worse. It lacks nuance and a personal touch.  Like the gas grill it’s faster, easier, and more convenient.  But better?  I don’t think so.

Getting lost in the “newness” of something can blind us to the fact that it’s delivering a lesser experience.   There’s new technology every day, it seems, and I worry that a good deal of it will just pull us further apart from reality even as it enhances our ability to communicate what’s going on around us.  The next time you’re at a concert or a school play, take note of how many people are “experiencing” the moment through a video screen instead of paying attention to the reality that’s in front of them.   They’re keeping a better record of the experience thanks to the technology but do they have a better memory?

Give me charcoal – a technology that’s been around for centuries – any time.  You?

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The CW

You might have read this morning that the online betting site InTrade is shutting down.

Intrade $ predictions - Nov 3

(Photo credit: New England Secession)

Unlike many of the gambling sites with which you might be familiar, InTrade lets users place wagers on non-sports-related upcoming events.  It was a lot of fun to read the site during the election season because you could see the odds of various candidates’ success changing with each news cycle.  You can read about why the business is shutting down here or here.  We can debate if it’s for legitimate concerns or just because it seemed to be operating outside of the long arm of the law but that’s not really my topic this morning.

What interests me about this site is that it was sometimes criticized for “getting it wrong”, as if the odds it offered were some kind of prediction.  That’s as off-base as thinking that a Las Vegas betting line is a prediction of the outcome.  Neither of those things are true.  InTrade’s odds simply reflected the conventional wisdom – how people saw the outcome and were betting.  It was not any sort of analysis of polling and other data to make predictions.  The Vegas line is similar.  It’s not a prediction – it’s an inducement.  It reflects how the conventional wisdom perceives the event’s outcome and is there to induce an equal number of people to bet on either side.  That’s why the odds change and the line changes.

We do the same thing in business a lot of the time and it’s often to our detriment.  We don’t “bet” on the outcome because we often confuse it with the conventional wisdom.  It’s the old expression about no one ever getting fired for buying IBM or ATT back when those services were the “go to” providers.  We see it today in media plans – start with TV and see whats left.  Even in digital we see it with the “buy Facebook” thinking I run into all the time.  “Winning” in my mind means trying new things all the time, measuring them with data, and not worrying a whole lot if the outcomes defy the conventional wisdom.  After all, it’s easy to get lost in a herd (or to get trampled).

What do you think?

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