- Ask for more than you expect to get.
- Always pretend to be shocked or surprised at the other side's first proposal.
- Never say yes to first offer.
- Begin with the smallest offer.
- Never make a concession without getting something in return.
- Use the good guy and bad guy technique.
- Never agree to split the difference.
Tuesday, November 13, 2007
Tips To Negotiate Effectively
Five Basic Guidelines to Principled Negotiation
What To Consider Before You Enter Any Negotions
- What do you consider to be a good outcome of a negotiation?
- What is success? Is it winning the negotiation?
- If so, what does winning really mean? Does it mean getting as much as you can from the other side and giving as little as possible?
- Or does it depend? And on what does it depend?
- Does winning mean protecting the relationship? That is, you measure success by coming away without hurting the other party's feelings, or by at leastkeeping hurt feelings down to a minimum.
- Does success mean that you have been able to establish a reputation, or that you have been able to maintain one?
Some people believe that success is winning, when winning is clearly understood as more for me and less for you. The pie is only so large and it can be sweetened only so much. But the bigger and the sweeter my slice the better.
That's success!
This seems to be a reasonable enough way to view the world we live in and what negotiation is really all about: There really are resources that are nonrenewable, available in limited supply, and some are scarce. And it is possible that both you and the other side will want those same limited resources. Most conflicts that we deal with every day, however, are not over scarce resources. And if there is no provision for sharing a certain amount of truly scarce resources, we can predict that conflict and most likely violence will ensue.
What you need to be a good negotiator
· High Observation skills
Able to listen, observe and to note other’s non verbal communications.
· Planning and Organising
What what you expect, your limits and plan the approach towards your outcome.
· Able to move blockages
Able to note and resolve when both parties’ positions are stucked.
· Develop rapport and empathy.
Able to establish and maintain rapport,thus minimize other party’s resistance.
· Flexible attitude
Able to accept others viewpoints& argumenst and open to new possibilities.
· Creativity
Able to think out of the box and try something new to help solve the issue.
What is Negotiation?
According to Oxford English Dictionary, Negotiate is to confer another with the view to compromise; to arrange or bring about a desired object; to clear, get over, dispose of an obstacle or difficulty, so Negotiation is the mutual act of coordinating areas of interest.
That means that negotiation is the act of finding a way for all parties to gain something they value from the resolution of a position of conflict. You negotiate when you want to resolve something and both parties have something to gain from the interaction and exchange, you i
Let's start at the centre of every negotiation, at its heart. It is there that we find the crucial element—you! Your approach to negotiation and your success in it, and how you will feel afterwards about what you have achieved are essentials that cannot be overlooked. Every negotiation you are involved in begins with you. Whether you are negotiating something on your own and for yourself, or whether you are a professional negotiator, the whole process starts with you. It is also true that while each of us negotiates all the time, many of us haven't thought much about what it is we do when we negotiate. We get by on a style or approach that we have developed based on our particular experience and many of us just fly by the seat of our pants.
They believe the other person must move, not them. The second type of negotiator is preoccupied with avoiding losing. They try to resist moving too much or making too many concessions. Success for this type of negotiator means not losing; it means getting out with a deal that is, at the very least, just a little better than one's bottom line.
What are the key elements of negotiation defined in this way?
Second, negotiation takes place when:
Negotiation thus has cooperation and conflict built right into it. Yet it is neither purely one nor the other. Conflict is the perception of incompatible interests, and negotiation is unique as a means of managing conflict. In negotiation, the tension between the need to assert your own interests and to satisfy the interests of your adversary is always present