Time For Calm – Let’s Negotiate

FROM THE QUICK GALLOPER

The present impasse involving the local promoter of horse racing, Supreme Ventures Racing and Entertainment Limited (SVREL) and the racing stakeholders is a sad reflection of negotiations gone wrong.

At the core of successful negotiations is good sense; the ability to balance competing interests and find common ground. This skill is invaluable, both in the business world and in personal relationships.

It's essential to remain calm and level-headed, regardless of the circumstances. Emotions run high during negotiations, and it's easy to lose sight of what's essential in favour of making a quick deal. Still, it's crucial to remember that good sense must always prevail.

If a signed deed between the two entities, in this instance, the racing stakeholders and SVREL is in place then it should be honored. Difficulties will arise leading to possible changes. If there are changes, for example, if an error has been committed by either party of the signed deed, then it must be communicated forthwith to the other party, leading to further discussions, and hopefully solving of the matter.

There has to be ongoing negotiations, as negotiations cannot be on an ad hoc basis or only when a crisis is looming. This will lead to friction, with ill-judged actions being the result.

In the SVREL, racing stakeholders scenario, it should never have reached the stage where verbal barbs are being tossed around, nominations are withdrawn, and the race track closed for exercise with trucks blocking passage.

What we are left with in such an instance is the cancellation of two race meets thus far, horses being unable to do routine exercise drills, a loss of valuable income across the entire racing board, and a build-up of venom between the parties.

If the objectives are clear and they are; the proper keep and care of horses, and a fair share of the pie being available to all stakeholders, then it is more than time for SVREL and the racing fraternity to get back to the table or even under a tree and negotiate.

The longer there is no racing, the more suffering there will be, with the little spoken about owners bearing the brunt of the financial burden.

Time For Calm – Let’s Negotiate!