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Everything's negotiable!
... how to negotiate
successfully
Negotiation is a
two-way communication process undertaken between parties with differing needs
and ideas. Negotiations may take place with a buyer, seller, customer,
supplier, boss, colleague, employee, spouse, friend or any other person with
whom you interact. Although the individual facts and complexities of
negotiations vary, there are basically seven subjects that negotiations cover;
delivery; price; quality; resources; terms; training and
service
Win-win
Although
most people would agree that win-win negotiation is preferable, negotiations
are all too often conducted with an 'I win, you lose' approach. Such
negotiations invariably result in the loser striving to get even, leading to
dysfunctional behaviour in the future! A successful negotiator will utilise a
few strong arguments. If too many arguments are put forward the strong points
tend to be diluted by the weak. You can avoid this outcome by preparing in
advance.
Plan!
Planning
prior to the start of the negotiations is crucial for both fact-finding and
orientation. It is important to not only learn about the other party's
character but also to consider their standpoint, possible arguments, their
needs and the organisation that they work for. Collect information on each of
these and stand in their shoes! You can then ensure that your requests are
fair, as well as make decisions on what concessions may be
given.
Opening
The
opening of the negotiation process is far more important than mere
introductions. Negotiations will proceed more smoothly if both parties take a
little time to get to know one another, setting the scene and atmosphere for
the discussions and agreements to follow. Use this as an opportunity to build
rapport, overview the situation and outline the main issues and
goals.
"Have more
than thou showest, speak less than thou knowest."
Shakespeare clearly knew a thing or two about
negotiating! An important part of the negotiation process is both offering and
seeking concessions. Be prepared to give an early, minor concession before you
receive one
this will ensure the negotiation process progresses, even if
the other party takes the opposite standpoint. Watch out if they quickly accept
or offer a concession, especially on a point that has previously been a subject
of serious disagreement. Intentional or unintentional misunderstanding may have
occurred. Get a sense of where the major disagreements lie. Focusing on a
single issue at a time allows minor disagreements to be put to one side until
the major items have been covered. Be assertive when necessary. Assertiveness
techniques are vital skills of the successful negotiator. However, always
remember that even a successful negotiator sometimes has to walk away.
stand in their
shoes
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