• Negotiating in a Hurricane: John Branca and the Michael Jackson Estate

    When the "King of Pop," Michael Jackson, unexpectedly died in 2009, he left behind an estate that was over $500 million in debt, with largely illiquid assets, and legions of creditors poised to begin to seize assets in as soon as 60 days. The task of managing Jackson's estate, in the role of co-executor-bitterly contested by some members of the Jackson family-fell to celebrated entertainment lawyer John Branca, who was re-hired by Jackson just two weeks prior to his death after on-and-off engagements with the entertainer since the mid-1980s. Soon after Jackson's death, Branca's closest colleagues and advisors recommended that he begin to sell assets, but he decided to go down a different path. This case explores the intricately executed series of negotiations Branca undertook to revive Jackson's legacy with many initiatives including a major movie deal, lucrative multi-album recording agreements, two Cirque de Soleil shows, a Tony Award winning Broadway musical, and even more ambitious plans. While Jackson had earned about a billion dollars during his lifetime as a performer, Branca's stewardship brought the entertainer's estate from the edge of bankruptcy a value of about three billion dollars and rising.
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  • Unshrinking the Pie: Desirée Stolar's Negotiation Saga (A)

    When Desirée ("Des") Stolar's wool sweater shrank two sizes, the Harvard Business School student worked with classmates to develop a solution that both fixed her problem and launched Unshrinkit, a successful consumer goods company with a widely-available product for reversing wool shrinkage. Stolar's path to success would eventually include an appearance on the hit television show Shark Tank and an investment offer from billionaire Mark Cuban. But along the way she encountered several challenging negotiations-over equity allocations, supplier and manufacturer terms, with skeptical potential investors, business and legal deal teams, etc.-that threatened to derail her efforts. Unshrinkit (A) tells the story of Unshrinkit while stopping at six crucial "negotiation challenges" that call for students to articulate how they would approach each challenge. Unshrinkit (B) reveals the strategies, tactics, and mindsets by which Stolar approached these challenges. This provides instructors and students with opportunities to compare their proposed advice with what Stolar actually did-as well as to draw broader lessons from her saga.
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  • Unshrinking the Pie: Desirée Stolar's Negotiation Saga (B)

    When Desirée ("Des") Stolar's wool sweater shrank two sizes, the Harvard Business School student worked with classmates to develop a solution that both fixed her problem and launched Unshrinkit, a successful consumer goods company with a widely-available product for reversing wool shrinkage. Stolar's path to success would eventually include an appearance on the hit television show Shark Tank and an investment offer from billionaire Mark Cuban. But along the way she encountered several challenging negotiations-over equity allocations, supplier and manufacturer terms, with skeptical potential investors, business and legal deal teams, etc.-that threatened to derail her efforts. Unshrinkit (A) tells the story of Unshrinkit while stopping at six crucial "negotiation challenges" that call for students to articulate how they would approach each challenge. Unshrinkit (B) reveals the strategies, tactics, and mindsets by which Stolar approached these challenges. This provides instructors and students with opportunities to compare their proposed advice with what Stolar actually did-as well as to draw broader lessons from her saga.
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  • Reversing Course on a Reverse E-Auction (A)

    Global consumer products powerhouse LSP has found enormous savings in a trial run of a new competitive bidding tool for their procurement organization known as a reverse e-auction. But when Jen Baldwin is asked to achieve the same savings from her suppliers for a product used by her own division, things turn out to be much more complex, revealing the benefits and drawbacks of using the tool to reduce prices, maintain supplier relationship and garner savings for the company.
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  • Reversing Course on a Reverse E-Auction (B)

    Global consumer products powerhouse LSP has found enormous savings in a trial run of a new competitive bidding tool for their procurement organization known as a reverse e-auction. But when Jen Baldwin is asked to achieve the same savings from her suppliers for a product used by her own division, things turn out to be much more complex, revealing the benefits and drawbacks of using the tool to reduce prices, maintain supplier relationship and garner savings for the company.
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  • Reversing Course on a Reverse E-Auction (C)

    Global consumer products powerhouse LSP has found enormous savings in a trial run of a new competitive bidding tool for their procurement organization known as a reverse e-auction. But when Jen Baldwin is asked to achieve the same savings from her suppliers for a product used by her own division, things turn out to be much more complex, revealing the benefits and drawbacks of using the tool to reduce prices, maintain supplier relationship and garner savings for the company.
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  • Reversing Course on a Reverse E-Auction (D)

    Global consumer products powerhouse LSP has found enormous savings in a trial run of a new competitive bidding tool for their procurement organization known as a reverse e-auction. But when Jen Baldwin is asked to achieve the same savings from her suppliers for a product used by her own division, things turn out to be much more complex, revealing the benefits and drawbacks of using the tool to reduce prices, maintain supplier relationship and garner savings for the company.
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  • Career at a Crossroads? (A)

    A career professional at a major consumer goods company, Kym Lew Nelson is hoping to negotiate a promotion to vice president, which would make her one of the senior-most African American women in the organization. But when Nelson's white German boss arrives in the United States to discuss the promotion, the conversation quickly takes a turn for the worse, when the boss confronts her with comments that are insensitive in multiple ways that touch on race, gender, and culture.
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  • Career at a Crossroads? (B)

    A career professional at a major consumer goods company, Kym Lew Nelson is hoping to negotiate a promotion to vice president, which would make her one of the senior-most African American women in the organization. But when Nelson's white German boss arrives in the United States to discuss the promotion, the conversation quickly takes a turn for the worse, when the boss confronts her with comments that are insensitive in multiple ways that touch on race, gender, and culture.
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  • John Branca: Negotiating the Beatles' Northern Songs Catalog (A)

    In 1985, pop music superstar Michael Jackson instructed his attorney, John Branca, to make a bid for the Northern Songs music catalog, which contained the songs of the Beatles. In a challenging negotiation with Australian media baron Robert Holmes à Court, Branca secured the rights to the collection. Over the next three decades, first as Jackson's attorney and later as the executor of his estate, Branca undertook numerous complex negotiations to secure and expand Jackson's music publishing empire until it became the largest music publishing company in the world.
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  • John Branca: Negotiating the Beatles' Northern Songs Catalog (B)

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  • John Branca: Negotiating Michael Jackson's Thriller (B)

    John Branca, attorney to pop musician Michael Jackson, must negotiate a series of deals on behalf of his client in order to safeguard his financial interests and creative license during a period of rising stardom.
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  • John Branca: Negotiating Michael Jackson's Thriller (A)

    John Branca, attorney to pop musician Michael Jackson, must negotiate a series of deals on behalf of his client in order to safeguard his financial interests and creative license during a period of rising stardom.
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  • Everything or Nothing: Martti Ahtisaari and the Aceh Negotiations (A)

    In early 2005, Martti Ahtisaari planned negotiations to end the decades-long conflict between Acehnese insurgents and the Indonesian government that had claimed thousands of lives. The "modern" phase of the insurgency by the fighters from the Free Aceh Movement that sought independence from Indonesia had persisted for some 30 years, claiming tens of thousands dead, countless wounded and tortured, as well as economic damage estimated by the World Bank at over $11 billion. In a few short days, Ahtisaari, former Finnish President and longtime diplomat active in some of the world's nastiest trouble spots, would see if he and his team could help foster an elusive accord between the bitter, distrustful parties to the conflict.
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  • Everything or Nothing: Martti Ahtisaari and the Aceh Negotiations (B)

    Describes Martti Ahtisaari's negotiating strategies and tactics along with the results of his efforts to end the decades-long conflict between Acehnese insurgents and the Indonesian government that had claimed thousands of lives.
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