Effective Negotiating
Achieving the best possible outcomes
“Successful entrepreneurs judge correctly the need for change, then do something about it.â€
(James Hanson)
Effective negotiators are able to influence others and to get the best from people. When disagreements arise, they use influence to avoid an intractable dispute: communicating, collaborating and inspiring trust. This toolkit provides practical techniques and guidance to develop effective negotiating skills.
Length: 11 pages
Contents
The Benefits
Action Checklist: Negotiating
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Communicate
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Question
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Build agreement – getting to yes
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Understand the importance of ownership
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Be prepared to handle impromptu negotiations
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Take time to consider the issues
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Stay focused and objective – avoid becoming emotional
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Avoid diluting your arguments
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Assess offers when negotiating
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Compare the offer (or deal) with your planned outcomes
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Check objectivity
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Record what has been agreed
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Know when to withdraw
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Be prepared to recognise and face failure – even if only temporarily
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Be prepared to adjust your style in cross-cultural negotiations
Avoiding Problems – this section explains how to avoid potential challenges such as: using provocative or irritating phrases; issuing counter-proposals and counter-arguments too soon; engaging in negative criticism. This section also provides practical techniques to prevent or overcome likely problems.
Dos and Don’ts
Key Questions
Things You Can Do
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Find one major issue where a ‘win-win’ solution is desirable
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Prepare yourself and your team
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Hold team meetings
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Understand the stakeholders who you must influence
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Build trust and rapport – and don’t wait for the negotiation
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Refine your influencing style
Further Action
Further Information
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