REAL-WORLD INSIGHTS

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Published: Aug 05 , 2019
Author: Brian Buck

“There’s no way we can possibly lose this deal!” boasted my head of business development. In fact, he was so confident that the deal was in the bag, he successfully lobbied the executive team to invest in it ahead of the contract. You might be cringing, because you’ve probably already predicted the punch line, but you’d be surprised about the ultimate outcome.

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Published: Feb 19 , 2019
Author: Gaëtan Pellerin

We have barely avoided a second government shutdown in less than three weeks. It was a last-minute behind-the-scenes negotiation that led to the current deal. Then on the heels of signing the bill, President Trump initiated a state of emergency to get the funding he wants to build a wall. Is this all because of a wall? I don’t think so.

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Good Deal?

“Is it a good deal?” That was the question put forth by the CEO to the executive team. Sales liked the deal because it secured a new customer. Finance wasn’t thrilled by it because the margins were slim. Operations wasn’t happy with it because the delivery timelines were too narrow. Legal was happy because all of the contract’s terms were favorable. After working on this deal for six months, the CEO couldn’t believe that no one could answer her question. She knew this had to change.

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