In our business lives, we all need to apply a wide range of communication skills successfully so that we and our companies can excel at what we do and gain an edge in the competitive business environment in which we operate today. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Clipping is a handy way to collect and organize the most important slides from a presentation. It is important to hone your communication skills as it brings a lot of difference in your personal and professional life.
Bozeman and Feeney (2007) define mentoring as a process for the informal transmission of knowledge, social capital, and the psychosocial support perceived by the recipient as relevant to work, career, or professional development.
The term mentor originated from Homer's epic poem The Odyssey, in which Odysseus, King of Ithaca, went to fight in the Trojan War and entrusted the care of his kingdom to Mentor, who served as the teacher of Odysseus' son, Telemachus. Mentoring is often thought of as the transfer of wisdom from a wise and trusted counselor, normally in a leadership position, who helps to guide a person's career to the upper echelons of the organization. Kram (1986) discovered that mentoring facilitates the socialization of new hires into the organization, reduce turnover, minimize mid-career adjustments, enhance transfer of knowledge and values, and facilitate the adjustment of retirement. The authors also note that an organization's long-term performance and survival depends far more on the contributions of their B-players.
When I was reading Walter Isaacson’s biography on Steve Jobs it suddenly brought back memories of the FBI repeatedly hitting the buzzer for my apartment rather forcefully ten years ago. C)      The most valuable thing I learned from Larry Brilliant was when we were taking a break in 1999 at an ancient coin collection being held in the World Trade Center. It was beautiful, interesting, and tiring, so we grabbed a coffee , sat down at a table and I asked Larry, for lack of anything else to talk about: what is the key to great negotiation?
Negotiation is all about boundaries and finding where to put the fence so both neighbors are happy.
Then, to make his point he reached into his pocket, in the middle of this ancient coin show, and he pulled out a dime and a nickel. It was only later that I realized how genius Steve was at negotiation when he used this one simple trick. Then Steve said, “and you really have other expenses: we’ll provide an office, insurance but let’s just focus on your salary as the expenses.” Uh-oh! The good side of that negotiation is that from that point, the entire deal closed in a week. Back to the sub-point from above, he used us as “his board” to scare them and he also scared them with the fact that we were considering alternatives when I was on my knees and praying to god that he would just accept the offer. If I had been in charge of that and just said an immediate “yes” things would’ve turned out much worse a year or so later when Investcorp was sick and tired of us (of me). My friend Rob is an expert on personality types and every year he speaks to a meeting of general counsels from big tech firms. Interesting – I was thinking the successful ones are NFs because they do it every day. Interesting, I’m just reading about Groupon and how they turned down Google’s offer of 6 billion$! Reminds me of someone telling me how he had to negotiate the sale of some expensive machinery to a mainland China factory decades ago. I used to work for a guy who would nitpick every single aspect of a deal and tie his counterparts in knots over minutiae. I once went into a negotiation with a guy who I knew would beat me up on price to the exclusion of all else. Years later when I would hire people I would tell them that the salary I offered was all that was available in my budget and that was true. I feel like this article has almost as much application to dating as it does to business negotiations. I chuckled because I had to admit there are a few times in my normal day that I might point to a higher authority. I generally believe that if the deal was roughly one third of what you expected to get that suggests the other side saved roughly two thirds of what they expected to spend.
Crossroads offers a wide range of Communication skills workshops to help business people develop their ability to perform effectively when communicating with other people. There are a host of factors that determine effective communication, but it is not just limited to verbal expression. More so, communicating effectively and efficiently has a huge impact on the success of your personal brand. Small Business Owners that work with Maria Elena develop a profitable relationship building system, appeal to their brand advocates, and increase sales.
Using their most conservative measures of job and salary grade improvement, Capital Analytics found a 1,000% ROI, for Sun's mentoring program (Dickinson, Jankot, Gracon, 2009).

These steady performers counter-balance the ambitions of the company's high-performing visionaries, whose strengths, when carried to an extreme, can lead to reckless or volatile behavior. We need to come up.” Then when we let them in (after I briefly considered running down the back staircase) they flashed their badges “FBI”. Do you really think that is the difference between inducing fear and creating a feeling of calm? It’s like he’s a mad scientist in a Flash Gordon movie (the old black and white ones, not the one where Freddie Mercury is singing while they are flying on these weird metal wings).
Everyone there knew Larry and from booth  to booth we were sifting through the ancient Israeli coins, coins with Alexander the Great carved beautifully into 2000 year old silver, coins that I didn’t know the history of but Larry patientiely explained. I don’t have many skills, but there’s always a point with each person, on each topic, where they will say “Yes” to something. But when you train yourself to be too eager for the “Yes” then it becomes very hard to put up a boundary where you are saying “No”.
Before we started negotiating he came up with a simple formula that was so simple and made so much sense that it was easy for me to say “yes” as the basis of the negotiation. So the Board will agree to something half of that so the deal is immediately accretive.” I nodded my head. We give away a lot of free ad inventory and we have sponsorships on specific sites so you have to subtract that from the $16. Always key for both sides to be happy at the end but since everything started off on a point of agreement, much easier to keep both sides happy at the end even if there is disappointment along the way. Larry Brilliant, who cured Smallpox in India in the 70s, was Steve Jobs best friend, ran, and now runs Jeff Skoll’s charitable holdings, and the story of the FBI, “UBL” (as the FBI referred to Osama) and the mystery of UBL’s money, I leave that for another story. I was thinking of Buckaroo Banzai too when James was talking about how awesome Larry’s name is.
Chinese are (were?) reputed (not sure it is accurate or deserved) to expect one side to lose in negotiation, while western negotiators are looking for agreements that are a win for both sides. Then, when all that had been resolved (always to his satisfaction) and he had given the impression that he was ready to close, he would drop a bomb on them. We went over everything but price, got all the resolved and then when he asked me for the price, I just told him to name his price, that I would accept whatever he offered. I always offered the full amount budgeted, telling the candidate that if they couldn’t trust me to treat them fairly during this first part of the relationship, why would they have reason to trust me at any time after.
Your start to the article with an intriguing piece about FBI at your door and in the end keeping that suspense for the next article. Great communication skills are essential in your personal and professional life, by helping you better understand a person, build trust and respect, and establish an avenue where creative ideas can flourish and problems can be solved. Some professionals use slang to make others feel comfortable and show that they are affable. Be sure that your tone doesn’t go overboard even if you have strong feelings regarding an issue.
There are people who are not easily persuaded even if you have the most brilliant ideas in mind. But what brings out the full magic of mentorship is some degree of affection or warm friendship . They said, “we had to say “police” because we didn’t want to scare anyone on the street by saying  ‘FBI’. A company that two years later I would help the new management liquidate but that’s another story. So many girls said, “No”to me in high school I had to dig deep and understand where that “yes” point was so I didn’t have to go through as much agony as an adult.
Much more important to get the foot in the door (the first “yes”) then have the door slammed in your face.
In some cases by observing people negotiating on my behalf (which involves more divisions in profits when you can’t negotiate for yourself) and in some cases by having a guy like Brilliant give me some tips which I remembered. I was negotiating “against” Steve  Elkes, who was previously COO of iVillage and managed to sell ivillage to GE for $500 million where it was never seen or heard from again. He had already used one simple sub-trick against me which is not worth an entire bullet point but worth a mini bullet: “THE BOARD”. Steve said, “I don’t know all these numbers myself but Tom can explain them.” This is another sub-point, ALWAYS ACT STUPID and defer to experts that everyone agrees is an expert. It’s really more like a $7 CPM.” Since I had already agreed to the “formula” that was the basis of the negotiation I was stuck trying to figure out if that $7 was real or if he was BS-ing me. He wanted us (versus Investcorp) to have more control over how decisions were made, he wanted more expenses paid for by the fund, he wanted a higher performance fee, etc. It’s fascinating stuff and a great way to understand oneself as well as the people around you.

Buying horses and getting a good deal is a separate set of skills from being good at selling them. With regards to the content, you have written that before as well but overall i enjoyed reading the same thing but in mature James’s writing style.
If you want to be a thought leader in your industry, it is essential to be a great communicator. While speaking this way may give an impression that you are friendly, not all people will appreciate it especially if you are dealing with professional matters.
Slipping your hands into your pocket or hand tapping can signal to your audience that you are nervous or lack confidence. Flashback to ten years ago, Larry Brilliant calls  the FBI and tells them I might know something about where Osama Bin Laden keeps his money. So suddenly it wasn’t me negotiating AGAINST Steve – he had an invisible backup in a worst case scenario. I immediately started adding up my numbers and thestreet’s CPM was common knowledge in their SEC filings. Having zero VC experience it seemed like a miracle that anyone would offer me this opportunity. In short, he would get them so deeply involved in the deal that they simply wouldn’t back out at the end.
He practically demanded that I give a number and I just kept smiling and reiterating that I would accept whatever he thought was reasonable. It is important to understand whom you are talking to regardless of the mode (written or oral). Sometimes it leaves a negative impression on your brand when you talk too much without thinking first.
Think of this situation: You come across two people whom you’ve talked to before and they’re together at the time.
Nervousness and over excitement can cause you to stutter, resulting in ineffective communication.
People who speak with humility and genuine respect for others are almost always held in high regard.
Before you sit down for a negotiation make a list of all the things that are important to you.
We agreed to meet in a couple of days while he “researched” what the CPM was and looked at my traffic numbers. NFs (intuitive Feelers) value relationships and will approach the negotiation in a way that is intended to preserve or enhance the relationship with the person they’re negotiating with (as well as the people at the organization they are negotiating on behalf of).
Not all people will understand or appreciate your message even if it’s full of brilliant ideas. Always remember that whatever thought you want to share, think first, be sensible and choose relevant words to convey the message clearly. Now, you spoke to one in a professional manner while the other you were rather personal with and used slang.
When you are speaking in front of a crowd, avoid injecting “uhmms, you knows, and stuff like that”. If you are selling a company there’s issues about salary, vacation, how long are you locked up (if it’s a stock deal), who do you report to, what your title is, how long is the employment contract for, how can you get more money if your division becomes more profitable than anyone thought, how your employees will be treated, how will your business expenses be treated, what responsibilities you have, and so on and so on. Some mysterious force, “the board” could be erratic or foolhardy at the last minute so he WOULD HELP ME by coming up with this simple formula that the mysterious, and perhaps dangerous, board, would easily agree.
When you come across the two individuals, the latter approaches you the way you approached them before, and the former is taken by surprise, mostly because they don’t expect you to be so cavalier in your communication. Understand more about their thought process, educational background, interests, cultural, and even religious leanings. How do you assuage that person’s fears that you are not as professional as you say you are?
On his side, he was backed by his boss and would have conversations with him over the phone, but privacy was not too guaranteed then. Through listening, you can carefully select the words and the kind of information that you share, and subsequently convey it effectively.

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