Negotiating Government: Public Sector Strategy for Business Leaders
Miranda Worthington and Josh Flax use the 2023 SAG-AFTRA strike as a case study in why rational negotiators sometimes choose mutually destructive outcomes — examining the sunk cost fallacy, stop-loss bias and optimism bias that caused a 118-day dispute that cost the industry billions. They explain why maximum leverage exists before a work stoppage begins rather than after, and how the union's celebrity-led public campaign created pressure that management ultimately could not ignore. A practical guide to the psychology of industrial escalation, applicable far beyond Hollywood. They explore: * The role of AI and digital likeness rights in actors’ contracts * How streaming residuals changed the economics of film and television * Why high-profile strikes escalate despite clear financial losses * How cognitive biases such as the sunk cost fallacy and stop-loss bias distort decision-making * The power of “moves away from the table” and shaping public opinion * How celebrity visibility created leverage in a public negotiation Using Hollywood as a case study, this episode explains the strategic dynamics behind major industrial disputes — and what negotiators in any sector can learn about leverage, escalation and reputational pressure. If you want to understand why strikes happen, why they last, and how negotiation psychology shapes outcomes, this episode offers a practical and analytical perspective. About the Podcast Negotient is the expert adviser in managing negotiations between the public and private sectors; we advise clients in both sectors how to get the best results from their negotiations. This podcast explores the strategies and behind-the-scenes mechanics that shape successful negotiations, and the factors that drive the interests of both sides. Our aim is to help those involved in public sector negotiations understand the challenges they face — and how to overcome them to deliver better results for the public.
10 episodios
Comentarios
0Sé la primera persona en comentar
¡Regístrate ahora y únete a la comunidad de Negotiating Government: Public Sector Strategy for Business Leaders!