This document discusses principles of effective negotiation. It emphasizes that negotiation is a process, not an event, and requires advance planning. Successful negotiations are win-win, where both parties feel their objectives and needs were considered fairly. Key factors for success include developing trust and rapport, active listening, understanding interests and priorities, making concessions incrementally, and structuring agreements that feel legitimate to all parties. The goal is for both sides to accomplish important goals and want to work together again in the future.
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Second Part NEGOTIATION
This document discusses principles of effective negotiation. It emphasizes that negotiation is a process, not an event, and requires advance planning. Successful negotiations are win-win, where both parties feel their objectives and needs were considered fairly. Key factors for success include developing trust and rapport, active listening, understanding interests and priorities, making concessions incrementally, and structuring agreements that feel legitimate to all parties. The goal is for both sides to accomplish important goals and want to work together again in the future.
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Negotiation
• You Negotiate Everyday – Anytime You Want Something
From Someone And Anytime Someone Wants Something From You, You Are Negotiating.
• Negotiation Is Not An Event But A Process – Advance
Planning Is Therefore A Must
• In A Successful Negotiation, Everyone Wins
• Negotiation Is The Process Of Using Power And
Information To Affect Behaviour Within A Web Of Tension PRINCIPLES • Personalized Transactions Have A Greater Chance To Succeed
• It Helps To Develop A Good Relationship With The
Other Party Before You Negotiate
• Do Not Assume. Make The Other Party Talk About Itself,
Its Underlying Feelings, Its Organisation § Give Information Slowly And Cautiously. The Worst Mistake You Can Make Is To Reveal Your Real Price Limit, Your Deadline Or The Full Seriousness Of Your Situation
§ If You Concede Something Be Sure You Get Something
In Return. Concessions Come In Different Forms And Sizes § If The Other Party Has Done Its Share Of Making Concessions, Give It Some, So It Can Save Face
§ Move Towards Your Objective(s) Slowly, Making
Concessions One At A Time
§ If You Need To Consult On Concessions, Please Do So
Thesis in progress Anca Clipa
Subjective Value for Romanian Negotiators: Factors that
Influence the Willingness to Interact in Future Business Negotiations (Employment Contracts Negotiations in IT)
WILLIGNESS To Interact In Future Business Negotiation
1.own outcome 2.the balance between your outcome and your counterpart 3.you feel like you forfeited or “lost” in this . TRUST Interpersonal negotiation 4.the terms of your &Employer Trust agreement are consistent with principles of legitimacy /criteria 1.“lose face” (pride) 2.make you +/- ACTIVE EMPATHIC LISTENING competent as a negotiator 3.own (Processing, principles4.positively impact your self- Sensing,Responding) image or your impression of yourself Responding) 1.counterpart(s) listened 2.neg. process as EMPLOYER BRAND fair 3. the ease (or difficulty) of reaching (Tasks,Team,Job an agreement 4.counterpart(s) consider Security, Internatonality, your wishes/opinions/needs Reputation, Benefits, 1.“overall” impression -counterpart(s) make on Development, Work- you 2. how satisfied are you with your Life-balance, relationship a result of this negotiation 3. the negotiation make you trust 4.a good foundation Benevolence) for a future relationship § Team Members Gain New Importance In The Case Of A Deadlock When It May Be Necessary To Substitute Negotiators
§ You Are At An Advantage If You Take Notes During The
Negotiation And Write Up The Agreement
§ The Document Should Be Written As If It May
Ultimately Be Read In Court § Develop A Strategy
§ Be Prepared To Make Concessions, Bearing In Mind Cost
And Benefit Of Each
§ Determine Tactics
§ Specific Manouevres To Be Used At Negotiation Table
Determine The Time Frame
THE ACTUAL NEGOTIATION INFORMATION § The More Knowledge One Side Is Able To Get About The Other, The Better Chance There Is For Victory
§ Be an ACTIVE LISTENER
§ Choose A Neutral Place For Preliminary Information
§ Look Out For Verbal And Non Verbal Cues
§ Test The Validity Of Information
TIME § Eighty Percent Of Concessions Will Be Made In The The Last Twenty Percent Of The Time Available (80/20 Rule)
§ Time Pressure Is One Of The Strongest Forces In Getting
Concessions In Negotiation
§ In Negotiation Time Is Money
8. COMMUNICATION
LISTENING – THE KEY
Body Language § Avoid Negotiating Over The Phone § Be Careful With Anything Other Than A Straight Handshake § If You Are Negotiating With Two Other People Make An Effort Not To Be Seated Between Them § It Is Better To Disperse The Negotiation If You Are Outnumbered HOW BOTH SIDES CAN WIN § BOTH PARTIES SHOULD ACCOMPLISH SOMETHING IMPORTANT § BOTH SIDES HAVE CARED ABOUT EACH OTHER’S OBJECTIVES § BOTH SIDES FEEL NEGOTIATIONS WERE CONDUCTED FAIRLY § BOTH SIDES FEEL THEY WOULD LIKE TO DO BUSINESS TOGETHER AGAIN § EACH PARTY FEELS THE OTHER IS DETERMINED TO KEEP TO THE CONTRACT