http://www.43folderstech.net - Prepared from the Lewicki "Negotiation" 6th edition. This presentation describes the major points in sections three, and includes an additional highlight of negotiating with an implementation mindset.
16. Deals that look great on
paper
… but never materialize
into effective,
value-creating endeavors.
17. Contracts are just the beginning of value
creation
The real challenge is in designing a deal
that works in practice
• Mergers and acquisitions
• outsourcing contracts
• Internal projects
18. • Focused on agreement only, not business
impact
• Focused on squeezing out the best deal
• Focus on winning outweighs cost of signing
a deal that will not work in practice
• Focus on concessions instead of deal
volume
19. Five Approaches:
• Start with the End in Mind
• Help them prepare too
• Treat alignment as a shared responsibility
• Send one message
• Manage negotiation like a business process
20. Imagine the deal 12 months out :
• Is the deal working?
• What has gone wrong?
• What else is missing to accomplish your
objectives?
21. The product of negotiation isn't a
document, but the value produced!
If signing the document is your goal, you
will fall short of a winning deal.