SlideShare a Scribd company logo
1 of 9
Download to read offline
STRATEGIC NEGOTIATION TOOLS AND TACTICS




Presented by Jean H. Gagnon
jhgagnon@fmc‐law.com
+1 514 878 5888 

March 16, 2012


                                          1
1.   A few key principles of strategic negotiation:

     1.1   Accurately identify the best alternative to the negotiated agreement (the 
           “BATNA”).

     1.2   Do not dwell on the views expressed, but do try to identify the interests
           hiding behind them.

     1.3   Explore options that will make it possible to satisfy the real interests of each 
           party (avoid remaining trapped in linear negotiation).

     1.4   Distinguish between these two phases:  searching for options and making                 
           decisions. 

     1.5   Search for the best option among many (and don’t stop at the first 
           acceptable proposal).

     1.6   The agreement is not always the best option. 



                                                                                               2
2.   A few really beneficial tactics and strategies:

     2.1   Be well prepared
     2.2   Choose the most appropriate moment to negotiate (the right
           timing)
     2.3   Make sure you are communicating with the right person and 
           verify his or her level of authority before negotiation begins
     2.4   The risks of BATNA 
           2.4.1   The “anchor” effect
     2.5   Create optimistic expectations
     2.6   Ask for more than your expectations
     2.7   Prepare an agenda
     2.8   Insert a few decoys
     2.9   To make, or not to make, the first offer… That is the question




                                                                            3
2.10 Listen attentively 
      2.10.1 Listen before you speak 
      2.10.2 Listen carefully (and through to the end) 
2.11 Ask questions rather than argue 
2.12 Adapt your communications to the other negotiator’s personality type
2.13 Use silence to your advantage
2.14 Plan your concessions 
2.15 Regularly review your ultimate objectives and evaluate the 
     evolution of the negotiation toward these 
2.16 Choose the appropriate mode of of communication 
2.17 Present multiple options 
2.18 Establish realistic deadlines
2.19 Tip the “scale” in your favour 
2.20 Take a lot of notes, share them, and try to obtain instructions to 
     draft the agreement. 

                                                                            4
3.     Where to negotiate?

       3.1    In our own environment 
       3.2    In the other party’s environment
       3.3    Elsewhere



     Note: The impact of the table shape and seating plan




                                                            5
4.   Team negotiation:
     4.1    Team size

     4.2    Team composition

     4.3    A single team leader

     4.4    Role distribution 

     4.5    Team preparation

     4.6    Caucuses and the signal to call for a caucus 




                                                            6
5.   A few tactics and strategies that are less 
     desirable and quite risky:
     5.1    Good cop/Bad cop

     5.2    Splitting the difference

     5.3    The salami

     5.4    Pulling out

     5.5    Backing off

     5.6    The ultimatum

     5.7    Making it look easy

     5.8    Last minute demands

                                                   7
The preceding presentation contains examples of the kinds 
of issues companies dealing with strategic negotiation 
could face. If you are faced with one of these issues, please 
retain professional assistance as each situation is unique.
Thank you!

    Jean H. Gagnon
jhgagnon@fmc‐law.com
    +1 514 878 5888 
        LinkedIn

More Related Content

What's hot

Negotiating outcomes presentation pp
Negotiating outcomes presentation ppNegotiating outcomes presentation pp
Negotiating outcomes presentation pp
RCAroman
 
Negotiation strategies
Negotiation strategiesNegotiation strategies
Negotiation strategies
alybaker
 
Negotiation in business communication(2)
Negotiation in business communication(2)Negotiation in business communication(2)
Negotiation in business communication(2)
ruru kumar sahu
 
Negotiation Strategies for Project Managers
Negotiation Strategies for Project ManagersNegotiation Strategies for Project Managers
Negotiation Strategies for Project Managers
Roberto Toledo
 
Negotiation Strategy
Negotiation StrategyNegotiation Strategy
Negotiation Strategy
Ming Maa
 
Negotiation Skills 3
Negotiation Skills 3Negotiation Skills 3
Negotiation Skills 3
Mahmoud
 

What's hot (20)

Negotiation - How to Win More - More often
Negotiation - How to Win More - More oftenNegotiation - How to Win More - More often
Negotiation - How to Win More - More often
 
Negotiating outcomes presentation pp
Negotiating outcomes presentation ppNegotiating outcomes presentation pp
Negotiating outcomes presentation pp
 
Negotiation
NegotiationNegotiation
Negotiation
 
Negotiation strategies
Negotiation strategiesNegotiation strategies
Negotiation strategies
 
Negotiation
Negotiation Negotiation
Negotiation
 
Negotiation in business communication(2)
Negotiation in business communication(2)Negotiation in business communication(2)
Negotiation in business communication(2)
 
Strategic Negotiation
Strategic NegotiationStrategic Negotiation
Strategic Negotiation
 
NEGOTIATION POWERPOINT
NEGOTIATION POWERPOINTNEGOTIATION POWERPOINT
NEGOTIATION POWERPOINT
 
Material negotiation techniques Harvard
Material negotiation techniques Harvard Material negotiation techniques Harvard
Material negotiation techniques Harvard
 
The Better Ways to Improve Your Negotiation Skills
The Better Ways to Improve Your Negotiation SkillsThe Better Ways to Improve Your Negotiation Skills
The Better Ways to Improve Your Negotiation Skills
 
PwC Lecture: ‘Introduction to Negotiation Skills’
PwC Lecture: ‘Introduction to Negotiation Skills’PwC Lecture: ‘Introduction to Negotiation Skills’
PwC Lecture: ‘Introduction to Negotiation Skills’
 
Negotiation Strategies for Project Managers
Negotiation Strategies for Project ManagersNegotiation Strategies for Project Managers
Negotiation Strategies for Project Managers
 
Negotiation Strategy
Negotiation StrategyNegotiation Strategy
Negotiation Strategy
 
Mastering the five stages of negotiation
Mastering the five stages of negotiationMastering the five stages of negotiation
Mastering the five stages of negotiation
 
Negotiation Skills 3
Negotiation Skills 3Negotiation Skills 3
Negotiation Skills 3
 
Building Negotiation Skills
Building Negotiation SkillsBuilding Negotiation Skills
Building Negotiation Skills
 
Neg skillswithtemplate
Neg skillswithtemplateNeg skillswithtemplate
Neg skillswithtemplate
 
Negotiation ppt
Negotiation pptNegotiation ppt
Negotiation ppt
 
negotiation skills
 negotiation skills negotiation skills
negotiation skills
 
Negotiationskill 150130001928-conversion-gate01
Negotiationskill 150130001928-conversion-gate01Negotiationskill 150130001928-conversion-gate01
Negotiationskill 150130001928-conversion-gate01
 

Viewers also liked

Viewers also liked (11)

Negotiation Power
Negotiation PowerNegotiation Power
Negotiation Power
 
Power of Negotiation (Negotiation Power)
Power of Negotiation (Negotiation Power)Power of Negotiation (Negotiation Power)
Power of Negotiation (Negotiation Power)
 
Effective Strategic Planning Part 2
Effective Strategic Planning Part 2Effective Strategic Planning Part 2
Effective Strategic Planning Part 2
 
Negotiating Power by Prof Katia Tieleman
Negotiating Power by Prof Katia TielemanNegotiating Power by Prof Katia Tieleman
Negotiating Power by Prof Katia Tieleman
 
The Power Pyramid: Mastering Negotiating, Power, and Influence
The Power Pyramid: Mastering Negotiating, Power, and InfluenceThe Power Pyramid: Mastering Negotiating, Power, and Influence
The Power Pyramid: Mastering Negotiating, Power, and Influence
 
BATNA
BATNABATNA
BATNA
 
Know your batna
Know your batnaKnow your batna
Know your batna
 
Effective Negotiation
Effective NegotiationEffective Negotiation
Effective Negotiation
 
Batna
BatnaBatna
Batna
 
Tools and Techniques of Strategic Management
Tools and Techniques of Strategic ManagementTools and Techniques of Strategic Management
Tools and Techniques of Strategic Management
 
Mastering negotiation skills pdf
Mastering negotiation skills pdfMastering negotiation skills pdf
Mastering negotiation skills pdf
 

Similar to Strategic Negotiation Tools and Tactics

Five Secrets for Successful Negotiation
Five Secrets for Successful NegotiationFive Secrets for Successful Negotiation
Five Secrets for Successful Negotiation
reza barzegar
 
Participate in Negotiations An Introduction
Participate in Negotiations An IntroductionParticipate in Negotiations An Introduction
Participate in Negotiations An Introduction
guest7ce9d5
 
Art science of win win negotiating for effective communication
Art science of win win negotiating for effective communicationArt science of win win negotiating for effective communication
Art science of win win negotiating for effective communication
Jolene81
 
Negotiationskillsforprojectmanagers 100206233654-phpapp01
Negotiationskillsforprojectmanagers 100206233654-phpapp01Negotiationskillsforprojectmanagers 100206233654-phpapp01
Negotiationskillsforprojectmanagers 100206233654-phpapp01
Tufail Ahmed
 
Negotiating at a glance
Negotiating at a glanceNegotiating at a glance
Negotiating at a glance
Jay Wu
 

Similar to Strategic Negotiation Tools and Tactics (20)

Negotiation Basics for B.E.S.T. Students
Negotiation Basics for B.E.S.T. StudentsNegotiation Basics for B.E.S.T. Students
Negotiation Basics for B.E.S.T. Students
 
Negotiation for Entrepreneurs
Negotiation for EntrepreneursNegotiation for Entrepreneurs
Negotiation for Entrepreneurs
 
Five Secrets for Successful Negotiation
Five Secrets for Successful NegotiationFive Secrets for Successful Negotiation
Five Secrets for Successful Negotiation
 
Negotation In Practice for Abendgoa
Negotation In Practice for AbendgoaNegotation In Practice for Abendgoa
Negotation In Practice for Abendgoa
 
Participate in Negotiations An Introduction
Participate in Negotiations An IntroductionParticipate in Negotiations An Introduction
Participate in Negotiations An Introduction
 
Participate in Negotiations An Introduction
Participate in Negotiations An IntroductionParticipate in Negotiations An Introduction
Participate in Negotiations An Introduction
 
Negotiation skills and a job interview
Negotiation skills and a job interviewNegotiation skills and a job interview
Negotiation skills and a job interview
 
NEGOTIATIONA AND MEDIATION
NEGOTIATIONA AND MEDIATIONNEGOTIATIONA AND MEDIATION
NEGOTIATIONA AND MEDIATION
 
Negotiation (Valley at Work)
Negotiation (Valley at Work)Negotiation (Valley at Work)
Negotiation (Valley at Work)
 
Art science of win win negotiating for effective communication
Art science of win win negotiating for effective communicationArt science of win win negotiating for effective communication
Art science of win win negotiating for effective communication
 
chapter 2 B.ppt
chapter 2 B.pptchapter 2 B.ppt
chapter 2 B.ppt
 
Negotiation Skills
Negotiation SkillsNegotiation Skills
Negotiation Skills
 
4630789.ppt
4630789.ppt4630789.ppt
4630789.ppt
 
Enhancing your Negotiation Powers
Enhancing your Negotiation PowersEnhancing your Negotiation Powers
Enhancing your Negotiation Powers
 
Negotiationskillsforprojectmanagers 100206233654-phpapp01
Negotiationskillsforprojectmanagers 100206233654-phpapp01Negotiationskillsforprojectmanagers 100206233654-phpapp01
Negotiationskillsforprojectmanagers 100206233654-phpapp01
 
The Art of Negotiation
The Art of NegotiationThe Art of Negotiation
The Art of Negotiation
 
CONFLICT AND NEGOTATIONS
CONFLICT AND NEGOTATIONSCONFLICT AND NEGOTATIONS
CONFLICT AND NEGOTATIONS
 
Negotiating at a glance
Negotiating at a glanceNegotiating at a glance
Negotiating at a glance
 
Negotiation
NegotiationNegotiation
Negotiation
 
Negotiation ppt
Negotiation pptNegotiation ppt
Negotiation ppt
 

More from Now Dentons

FMC is Now Dentons
FMC is Now DentonsFMC is Now Dentons
FMC is Now Dentons
Now Dentons
 

More from Now Dentons (20)

Meet dentons
Meet dentonsMeet dentons
Meet dentons
 
FMC is Now Dentons
FMC is Now DentonsFMC is Now Dentons
FMC is Now Dentons
 
Foreign Workers, International Tax and Oil & Gas Market Update
Foreign Workers, International Tax and Oil & Gas Market UpdateForeign Workers, International Tax and Oil & Gas Market Update
Foreign Workers, International Tax and Oil & Gas Market Update
 
Protecting Your Start-Up Company's IP
Protecting Your Start-Up Company's IPProtecting Your Start-Up Company's IP
Protecting Your Start-Up Company's IP
 
Privacy and Security in Mobile E-Commerce
Privacy and Security in Mobile E-CommercePrivacy and Security in Mobile E-Commerce
Privacy and Security in Mobile E-Commerce
 
Drafting for the Matrimonial Property Act
Drafting for the Matrimonial Property ActDrafting for the Matrimonial Property Act
Drafting for the Matrimonial Property Act
 
Trends in Energy Regulatory Law
Trends in Energy Regulatory LawTrends in Energy Regulatory Law
Trends in Energy Regulatory Law
 
Public M&A Transactions - Deal Points
Public M&A Transactions - Deal PointsPublic M&A Transactions - Deal Points
Public M&A Transactions - Deal Points
 
Giving Away the Farm
Giving Away the FarmGiving Away the Farm
Giving Away the Farm
 
Risk Apportionment in the Purchase and Sale Transaction
Risk Apportionment in the Purchase and Sale TransactionRisk Apportionment in the Purchase and Sale Transaction
Risk Apportionment in the Purchase and Sale Transaction
 
Letters of Intent - Tips and Traps for Commercial Lawyers
Letters of Intent - Tips and Traps for Commercial LawyersLetters of Intent - Tips and Traps for Commercial Lawyers
Letters of Intent - Tips and Traps for Commercial Lawyers
 
Protect you Rights and Avoid Liability! Current Developments and Major Implic...
Protect you Rights and Avoid Liability! Current Developments and Major Implic...Protect you Rights and Avoid Liability! Current Developments and Major Implic...
Protect you Rights and Avoid Liability! Current Developments and Major Implic...
 
Preliminary Economic Assessments
Preliminary Economic AssessmentsPreliminary Economic Assessments
Preliminary Economic Assessments
 
An Introduction to Legal Aspects of Customer Acquisitions for Startups
An Introduction to Legal Aspects of Customer Acquisitions for StartupsAn Introduction to Legal Aspects of Customer Acquisitions for Startups
An Introduction to Legal Aspects of Customer Acquisitions for Startups
 
An Introduction to Letters of Credit for Banking Lawyers
An Introduction to Letters of Credit for Banking LawyersAn Introduction to Letters of Credit for Banking Lawyers
An Introduction to Letters of Credit for Banking Lawyers
 
Preparing the Legal Framework for Mobile and Other Emerging Payments
Preparing the Legal Framework for Mobile and Other Emerging Payments Preparing the Legal Framework for Mobile and Other Emerging Payments
Preparing the Legal Framework for Mobile and Other Emerging Payments
 
Update on Hydraulic Fracturing: Preparing for Gasland 2
Update on Hydraulic Fracturing:Preparing for Gasland 2Update on Hydraulic Fracturing:Preparing for Gasland 2
Update on Hydraulic Fracturing: Preparing for Gasland 2
 
Canada, China and Copyright Law
Canada, China and Copyright LawCanada, China and Copyright Law
Canada, China and Copyright Law
 
Intellectual Property and Business Law
Intellectual Property and Business LawIntellectual Property and Business Law
Intellectual Property and Business Law
 
The Copyright Modernization Act
The Copyright Modernization ActThe Copyright Modernization Act
The Copyright Modernization Act
 

Recently uploaded

Vishram Singh - Textbook of Anatomy Upper Limb and Thorax.. Volume 1 (1).pdf
Vishram Singh - Textbook of Anatomy  Upper Limb and Thorax.. Volume 1 (1).pdfVishram Singh - Textbook of Anatomy  Upper Limb and Thorax.. Volume 1 (1).pdf
Vishram Singh - Textbook of Anatomy Upper Limb and Thorax.. Volume 1 (1).pdf
ssuserdda66b
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
ciinovamais
 

Recently uploaded (20)

Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - English
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
Spatium Project Simulation student brief
Spatium Project Simulation student briefSpatium Project Simulation student brief
Spatium Project Simulation student brief
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
Dyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxDyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptx
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
Vishram Singh - Textbook of Anatomy Upper Limb and Thorax.. Volume 1 (1).pdf
Vishram Singh - Textbook of Anatomy  Upper Limb and Thorax.. Volume 1 (1).pdfVishram Singh - Textbook of Anatomy  Upper Limb and Thorax.. Volume 1 (1).pdf
Vishram Singh - Textbook of Anatomy Upper Limb and Thorax.. Volume 1 (1).pdf
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 

Strategic Negotiation Tools and Tactics

  • 2. 1. A few key principles of strategic negotiation: 1.1 Accurately identify the best alternative to the negotiated agreement (the  “BATNA”). 1.2 Do not dwell on the views expressed, but do try to identify the interests hiding behind them. 1.3 Explore options that will make it possible to satisfy the real interests of each  party (avoid remaining trapped in linear negotiation). 1.4 Distinguish between these two phases:  searching for options and making                  decisions.  1.5 Search for the best option among many (and don’t stop at the first  acceptable proposal). 1.6 The agreement is not always the best option.  2
  • 3. 2. A few really beneficial tactics and strategies: 2.1 Be well prepared 2.2 Choose the most appropriate moment to negotiate (the right timing) 2.3 Make sure you are communicating with the right person and  verify his or her level of authority before negotiation begins 2.4 The risks of BATNA  2.4.1   The “anchor” effect 2.5 Create optimistic expectations 2.6 Ask for more than your expectations 2.7 Prepare an agenda 2.8 Insert a few decoys 2.9 To make, or not to make, the first offer… That is the question 3
  • 4. 2.10 Listen attentively  2.10.1 Listen before you speak  2.10.2 Listen carefully (and through to the end)  2.11 Ask questions rather than argue  2.12 Adapt your communications to the other negotiator’s personality type 2.13 Use silence to your advantage 2.14 Plan your concessions  2.15 Regularly review your ultimate objectives and evaluate the  evolution of the negotiation toward these  2.16 Choose the appropriate mode of of communication  2.17 Present multiple options  2.18 Establish realistic deadlines 2.19 Tip the “scale” in your favour  2.20 Take a lot of notes, share them, and try to obtain instructions to  draft the agreement.  4
  • 5. 3. Where to negotiate? 3.1 In our own environment  3.2 In the other party’s environment 3.3 Elsewhere Note: The impact of the table shape and seating plan 5
  • 6. 4. Team negotiation: 4.1    Team size 4.2    Team composition 4.3    A single team leader 4.4    Role distribution  4.5    Team preparation 4.6    Caucuses and the signal to call for a caucus  6
  • 7. 5. A few tactics and strategies that are less  desirable and quite risky: 5.1    Good cop/Bad cop 5.2    Splitting the difference 5.3    The salami 5.4    Pulling out 5.5    Backing off 5.6    The ultimatum 5.7    Making it look easy 5.8    Last minute demands 7
  • 9. Thank you! Jean H. Gagnon jhgagnon@fmc‐law.com +1 514 878 5888  LinkedIn