This just in

Published: Sep 14 , 2015
Author: Lloyd Ruz

This just in: Malcolm Turnbull has resigned cabinet and is set to challenge the leadership of the Liberal Party.

It’s anyone’s guess how this will play out, but here are some insights from a negotiator’s perspective.

Malcolm Turnbull has suggested that the Liberal party has better prospects for both the upcoming Canning by-election and the next federal election if he is leader. He has also said that Australia needs stronger economic leadership. Regardless of the outcome of the leadership spill, whoever is Prime Minister of Australia tomorrow morning will be in a difficult position moving forward. It is possible that the short-sighted objectives of election victories will interfere with important long term goals, such as the stability of the Australian economy; regardless, Malcolm Turnbull has certainly challenged the status quo.

Sky news is also reporting that, “Nationals deputy leader Barnaby Joyce has warned Liberal MPs the coalition agreement will need to be renegotiated if Malcolm Turnbull wins a challenge against Tony Abbott.” This means that even if Mr Turnbull is successful, he may have a difficult negotiation right out of the gate just to stay in government. He may have factored this into his decision, or he may have taken the stability of the coalition for granted. There’s a lesson to be learnt about testing your assumptions and making sure that you are prepared for inevitable curve balls, but we’ll just have to watch what happens next.

Watch this space, and share your comments below – what do you think of all this?


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Lloyd Ruz
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Latest Blog:

Negotiating Lessons from the Banking Royal Commission

The Australian Banking Royal Commission has been quite embarrassing with cover-ups, poor conduct and unethical treatment of customers. But it does bring to light key lessons for negotiators. These lessons are particularly true for those who are perceived to hold the balance of power. In other words, if you are negotiating with someone who is seen to have very little power - there is a high chance your actions will come under public scrutiny at some point. It is highly unlikely the banking industry will be the only one to come under scrutiny. All you need to do to come to this conclusion is read the paper to see similar accusations in industries like retail/grocery buying, leasing, franchising, etc.

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