Monday, January 25, 2010

Negotiation is a must..


From the case given here it’s evident that bargaining is possible and we see that the Indian players had raised to the occasion then, one of the key reasons for this being the forte of the Indian players and their contribution to bringing laurels to the country. However I agree to disagree with Santhosh in the matter that only highly skilled people can afford to negotiate. Taking the same example as he, In case of premier institutions like IITs and IIMs, it is implicitly assumed that the students will have a lot to contribute and hence they can negotiate. Then why not in the case of other colleges? No one can predict when he/she can come up with an innovative idea. In case of these second tier institutions which are also filled with talent, if individual negotiation is not possible the placement team or the faculty in charge could negotiate representing the future employees and protecting their rights.
Also the BCCI selected the best players from the pool of players. These people were asked to represent the nation and play tournaments. This is the role that the BCCI plays. Depending on the player’s performance, they are offered to be brand ambassadors. The BCCI is not fair in demanding forsaking personal commercial rights. BCCI however may interfere if the players accept offers who are direct competitors to the team sponsors or in some similar cases.
From the class discussions and the cases discussed, I strongly believe that negotiation is the only way out. This is because the application of the IPR is very subjective depending on the role that you play in the organization. A researcher who is funded by an organization to try and come up with innovations and is paid for it whether or not he succeeds is not the same case as a budding IT professional. So in every case a proper negotiation should be done before hand and each of the party should gain from it.

4 comments:

Santhosh Kumar Durai said...

Dear all,

I would like to clarify a bit on what I meant by saying "Only heroes can negotiate"

@ ATJ,

It is true that there are even talents in tier-II colleges. But how can they negotiate without having anything strong in their CVs? IIT and IIM graduates are able to negotiate well because, the mere mention of IIT and IIM adds weight to their CV. It talks about their proved ability of having cracked toughest entrance exams. My view is that, students from tier-II colleges may have to work a lot and prove before they can get substantial bargaining power.

One must have done something worthy in the past and have acquired concrete evidence to be able to negotiate.

ayan ghosh(u109059) said...
This comment has been removed by the author.
ayan ghosh(u109059) said...

I totally agree with you Santosh when you say that people from IIT's and IIM's have a much greater bargaining power when compared to say a tier II college, but is it true always? I at least would like to differ on that. Infact I had one of my friends at IIM C last year who you would not believe had to accept a contractual offer from IDBI bank at a stipend/salary whatever you would like to call it, which can be described as nothing but meagre.

I am not trying to overrule you but the point that I am trying to drive home is that the "Time of an offer" also plays a great role in deciding what kind of a bargaining power is associated with it.

If my friend had graduated this year(much improved scenario than last year), I think he could have negotiated much better both in terms of the salary he would be getting and the contractual conditions of the job)but the times didn't allow him to and the pressure of a huge study loan looming large on him forced him to accept whatever he was getting at that point in time.

ATJ said...

A lot of the people in IIT and IIM get there by sheer hard work and not necessarily their splendid resumes :-)It's only the insti brand. Even that's supposedly comin down with IITs mushrooming everywhere. Though i feel this is deviating a little from the topic of discussion, I am just ascertaining the prevalent negotiating powers to a few is not indicative of the right kind of negotiation that should be prevailing.

Harini