Fairness and Long-Term Relationships
Stephen emphasizes the importance of fairness and long-term relationships in Blackstone's dealings with banks and financial institutions. He explains that they prioritize being fair and generous to those they work with, and that they take responsibility for any mistakes that occur.In this clip
From this podcast
The Jordan Harbinger Show
447: Stephen Schwarzman | Lessons in the Pursuit of Excellence
Related Questions
What about salary negotiations inside Blackstone as discussed in the episode 447: Stephen Schwarzman | Lessons in the Pursuit of Excellence and the clip Negotiation Tips? Do people come and say, "Here's what I want. This is the number I want," or is it more gamified? Are you as transparent in internal negotiations as external ones?
What are the salary negotiation practices like inside Blackstone? Do people come and say, "Here's the number I want," or is it more gamified and less transparent in internal negotiations compared to external ones?