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OVERVIEW
NEGOTIATING	SKILLS
Aloke	Chatterjee
Moss	and	Hue
ROUTE
Stage	of	transaction
Prospect’s	interest	in	the	outcome
Application	of	techniques
Methods	of	influencing	
Handling	objections
DEAL	NEGOTIATIONS
parties	being	set	to	operate	in	opposite	directions,	effective	deal	negotiations	are	conducted	
by	combining	and	putting	in	action	multiple	structured	processes	of	influencing	
FOUR	WIN‐RESULT	QUESTIONS
1. What	important	results	can	the	deal	accomplish	for	you
2. What	important	results	can	the	deal	accomplish	for	the	investor	
3. What	does	the	result	mean	to		you	personally
4. What	will	the	result	mean	to	the	decision	influences	of	the	investor	personally
NEGOTIATION
My	Personal	Takeaway
DEAL	MANAGEMENT	PROCESS
Stages	of	Transaction
What	do	the	investor’s	‘look	for’	in	an	entrepreneur
PROFILE	OF	AN	IDEAL	ENTREPRENEUR	(LEADER	AND	NOT	PROMOTER)
CHARACTERISTICS DESCRIPTION
1.	Vision
Business	plan	and	scalability		embodies	how	current	realities	will	
effect		business	life cycle	and	plausible	future
2.	Optimism
Immensely fuelled		by	passion	for	break	through	(s),	whether	in	the	
market,	with	stakeholders,	employees,		etc.	Appreciation	for	
inclusiveness	and	possibilities	are	the	cornerstones	of	his	openness		
and	learning
3.	Knowledge
Chosen	a	space	of	development	for	breakthrough	growth	(could	be	
disruptive) and has	already	created a	perception	of	awe	(or	current	
initiatives	are	taking	that	direction)		among	users,	non‐users	and	large	
players		in	the	market
4.	Pragmatism
Set	up	an	organisation	with	business	and	operating	processes		which
are	efficient	and	easy	to	deal	with	and	gained	customer	loyalty	by	
focusing	on	value adds.	Management	processes	indicate		conviction	
and	cultural	authenticity	in	delegation,	business	excellence	and	
sustainability
5.	Integrity
Shows	ethical	standards		in	collaborations,	stakeholder	management,	
customer	delivery,	and	environmental
CREATE	PROFILE	OF	AN	IDEAL	INVESTOR
MOTHER	OF	ALL	ASSUMPTIONS
All		revenue	assumptions		generally	converge	to	one	product
How	would	you	like	to	express	the	
core	assumptions	of	your	business?
INTEREST	BASED	NEGOTIATION	IS	A	PROCESS	OF	
SKILLED	DISCUSSION	AND	A	DIALOGUE
Dialogue	is	discussing	of	matter	and	sentiments	behind	the	assumptions.	An	‘Interest	generating’	
inquiry	technique	can	come	to	use	for	this	purpose
…	it	is	a	“convergent‐divergent”	flow	of	inquiry	to	arrive	at	a	
common	mindset	of	the	context	of	negotiation
HANDLING	OBJECTIONS
a	process	of	separating	the	objection	into	categories	to	apply	suitable		methods	for	ease	of	leading	
to	agreement
USEFUL	METHODS	FOR	INTEREST	
BASED	NEGOTIATION
Size	of	the	pie	is	irrelevant	
First	to	make	an	offer
Conviction	and	not	over	confidence
Frame		of	choices		are	based	on	business	value
Includes	scenarios	beyond	current	situation
Thoughtful	Assumptions	and	not	blind	bets
Happy	to	be	to	appeased
Check	the	contrasts
THANK	YOU

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Negotiating Skills Overview