Negotiating



     “Negotiating is the art of
     reaching an agreement by
      resolving differences
     through creativity”
Negotiating
            Process

S t y le


              Outcome

                        Principles
Style
„ Style is a
  continuum
  between two
  styles:
 ƒ Quick
 ƒ Deliberate
 ƒ Middle is
   compromise
Quick Style
„ Negotiate in a hurry
„ Use when you won’t negotiate with
  these people again
„ Get the best deal without regard to
  the other side’s “win”
Deliberate Style
          „ Use when long term
            relationship likely
          „ Involves
            cooperation and
            relationship
            building to reach
            agreement
          „ Needs much prep,
            hard work
          „ May move in fits
            and starts
Outcomes
„ Realistic
  ƒ Both sides satisfied, win/win situation
  ƒ Usually results from deliberate style
„ Acceptable
  ƒ Likely to result from quick style
  ƒ Something is better than nothing
  ƒ Always ask for a better deal
„ Worst
  ƒ When you’re too stubborn to be flexible
  ƒ Usually from quick style
Outcomes

„ Predetermine the outcomes before
  you start negotiations, you have a
  better chance of getting a better
  result

„ “Think carefully, think creatively,
  and think ahead”
Principles
      „ There are no rules
        ƒ Establish an agenda
      „ Everything is
        negotiable
      „ Ask for a better
        deal
      „ Be creative
      „ Learn to say “NO”
        yourself
Are you a Motivated
           Negotiator?

„ Enthusiasm          „ Social Skills
  ƒ Confidence          ƒ Enjoy people
  ƒ Engaged             ƒ Interest in others
„ Recognition         „ Teamwork
  ƒ Accomplishment      ƒ Better as a team
  ƒ Pat on the back     ƒ Self-control
„ Integrity           „ Creativity
  ƒ No trickery         ƒ Always looking for
  ƒ Trustworthiness       ways to complete
                          the deal
Negotiation Model
„   Investigate
„   Presentation
„   Bargaining
„   Agreement
Investigate
      „ What do you want?
      „ What does the
        other side need?
      „ Decide on style
      „ What are the
        consequences of
        each choice.
Presentation
„ Prepare other
  side’s case
„ Present the
  reasons for your
  side better
„ Planning sheet
  ƒ Issues involved
  ƒ Realistic, possible,
    worst
“The” Presentation
„ Creative title    „ Don’t give
„ Reduce to “must     concessions just
  know” items         to keep things
„ Keywords            going
                    „ Make note of
„ Mini-speeches
                      concerns and
  around keywords
                      keep going
„ Visuals
Bargaining
„ When in doubt,
  ask questions!
„ Open questions
„ Reflective
  questions
„ Tactics
Tactics
„ Use                      ƒ “You go first”
  ƒ Walk out               ƒ Bad environment
„ Don’t use                ƒ Defer to higher
                             authority
  ƒ   Emotional outburst
                           ƒ Not willing to make
  ƒ   Argue special case
                             any changes
  ƒ   Pretend ignorance
                           ƒ Silence
  ƒ   Play for time
                           ƒ Good guy/bad buy
  ƒ   Nibble and retreat
Agreement
„ Arrangements should be neutral
  and comfortable
„ Pay attention to what others say
„ Screen out all visual distractions
„ Ask open ended questions
„ Listen to responses
„ Proactive vs. reactive behavior
A Good Negotiator
           Is..
„   Creative
„   Versatile
„   Motivated
„   Has the ability
    to walk away

Negotiation

  • 1.
    Negotiating “Negotiating is the art of reaching an agreement by resolving differences through creativity”
  • 2.
    Negotiating Process S t y le Outcome Principles
  • 3.
    Style „ Style isa continuum between two styles: ƒ Quick ƒ Deliberate ƒ Middle is compromise
  • 4.
    Quick Style „ Negotiatein a hurry „ Use when you won’t negotiate with these people again „ Get the best deal without regard to the other side’s “win”
  • 5.
    Deliberate Style „ Use when long term relationship likely „ Involves cooperation and relationship building to reach agreement „ Needs much prep, hard work „ May move in fits and starts
  • 6.
    Outcomes „ Realistic ƒ Both sides satisfied, win/win situation ƒ Usually results from deliberate style „ Acceptable ƒ Likely to result from quick style ƒ Something is better than nothing ƒ Always ask for a better deal „ Worst ƒ When you’re too stubborn to be flexible ƒ Usually from quick style
  • 7.
    Outcomes „ Predetermine theoutcomes before you start negotiations, you have a better chance of getting a better result „ “Think carefully, think creatively, and think ahead”
  • 8.
    Principles „ There are no rules ƒ Establish an agenda „ Everything is negotiable „ Ask for a better deal „ Be creative „ Learn to say “NO” yourself
  • 9.
    Are you aMotivated Negotiator? „ Enthusiasm „ Social Skills ƒ Confidence ƒ Enjoy people ƒ Engaged ƒ Interest in others „ Recognition „ Teamwork ƒ Accomplishment ƒ Better as a team ƒ Pat on the back ƒ Self-control „ Integrity „ Creativity ƒ No trickery ƒ Always looking for ƒ Trustworthiness ways to complete the deal
  • 10.
    Negotiation Model „ Investigate „ Presentation „ Bargaining „ Agreement
  • 11.
    Investigate „ What do you want? „ What does the other side need? „ Decide on style „ What are the consequences of each choice.
  • 12.
    Presentation „ Prepare other side’s case „ Present the reasons for your side better „ Planning sheet ƒ Issues involved ƒ Realistic, possible, worst
  • 13.
    “The” Presentation „ Creativetitle „ Don’t give „ Reduce to “must concessions just know” items to keep things „ Keywords going „ Make note of „ Mini-speeches concerns and around keywords keep going „ Visuals
  • 14.
    Bargaining „ When indoubt, ask questions! „ Open questions „ Reflective questions „ Tactics
  • 15.
    Tactics „ Use ƒ “You go first” ƒ Walk out ƒ Bad environment „ Don’t use ƒ Defer to higher authority ƒ Emotional outburst ƒ Not willing to make ƒ Argue special case any changes ƒ Pretend ignorance ƒ Silence ƒ Play for time ƒ Good guy/bad buy ƒ Nibble and retreat
  • 16.
    Agreement „ Arrangements shouldbe neutral and comfortable „ Pay attention to what others say „ Screen out all visual distractions „ Ask open ended questions „ Listen to responses „ Proactive vs. reactive behavior
  • 17.
    A Good Negotiator Is.. „ Creative „ Versatile „ Motivated „ Has the ability to walk away