Piyush Bhandari’s Post

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FOUNDER JUMPINGGOOSE + PIXEMIX.COM + GOOSE LAB + FATCRY

Thank you Raja Ganapathy for your post on Megalopolis. Not about the film but about the idea of “not ridiculing someone”… “Don’t like the idea of a particular film, don’t watch it. Don’t like a painting, don’t look at it. A book didn’t work for you, stop reading it.”💖 If the below post doesn’t go well with anyone, just stop reading it, don’t bother commenting 🤨 NEGOTIATIONS: THE TWISTED PROCESS OF ARM TWISTING What would you say to a customer who walks into a car showroom, takes a test drive, and comes back asking to justify the car pricing? The breakup of material costs, design costs, factory overhead costs, man-hours spent, salaries of resources involved, %margins, and more. Don’t see value, don’t buy it. Move on. What about a customer who walks into a fine dining restaurant only to postmortem every dish on the menu by asking about the ingredient costs, chef’s-staff's salary, man hours spent, restaurant overheads, cutlery and equipment costs, licenses & permit costs, %margins on every dish merely to arrive at whether the menu pricing is justified or not. Don’t see value, don’t eat it. Move on. If you don’t see value, just get up and leave. You have no right to decide what something or someone is worth. 📢 In the name of negotiations, companies hire a whole “gang” of procurement employees who feel rightfully entitled to look down upon, demean, humiliate, and postmortem a potential vendor, manufacturer, freelancer, or service partner’s worth. I do understand the need to cut costs, but a KRA that takes pride in distasteful negotiations. What a pity! Not just that, after double-digit rounds of humiliating negotiations they further arm twist by adding an obnoxious credit period of 90 to 120 days. If you survive this, then comes the legal negotiations that will make you bend backward, and finally, if you manage to pick up the leftovers then nonstop additional requests over and above the laid SOW will surely break your spine. Unfortunately, most of the time these individuals do not even understand the basics of the product or service they are negotiating for. 👇 I believe that misguided focus on short-term gains, unrealistic demands, threats, intimidation & humiliation tactics by negotiators might save some costs but in long term it is counterproductive, damages reputation & relationships, erodes trust, repulses good talent, reduces innovation, and compromises success. ✨️ Shouldn’t we as a community be endorsing healthy progressive conversations, fair & transparent negotiations, value-based relationships, win-win outcomes, and ethical conduct? I understand it's important for procurement teams to negotiate well, but there's a clear line between being assertive and being disrespectful. By adopting more ethical and collaborative negotiation strategies, procurement teams can create a more positive, progressive, and sustainable business environment for all partners involved. Do you agree? Or hell yeah agree!

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