Successful Negotiations www.netcomlearning.com He llo ! - - PowerPoint PPT Presentation

successful negotiations
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Successful Negotiations www.netcomlearning.com He llo ! - - PowerPoint PPT Presentation

Successful Negotiations www.netcomlearning.com He llo ! Introduction www.netcomlearning.com Objectives www.netcomlearning.com Negotiation www.netcomlearning.com www.netcomlearning.com Why? 3 Elements Attitude Knowledge


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Successful Negotiations

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Introduction

He llo !

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Objectives

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Negotiation

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Why?

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3 Elements

  • Attitude
  • Knowledge
  • Interpersonal Skills

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3 criteria:

  • 1. Should

produce a wise agreement, if agreement is possible.

  • 2. It

should be efficient.

  • 3. Should

improve or at least not damage relationship between parties.

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L e t’s T a ke A Poll

How many of you fear/dread negotiating? 1.Yes

  • 2. Never
  • 3. It depends on who I am negotiating with
  • 4. I dont’ negotiate

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Principled Negotiation

  • 1. Separate the people from the problem
  • 2. Focus on interests rather than positions
  • 3. Generate a variety of options before setting on

an agreement

  • 4. Insist that the agreement be based on objective

criteria

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Choose a Strategy

Low High High Importance

  • f Relationship

Importance

  • f Outcome

Give In Walk Away Positional Bargaining Principled Negotiation

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The Successful Negotiator

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The Negotiation Process

Preparation Education Expand the Pie Closing

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Steps to Preparation

  • WAP
  • BATNA
  • WATNA
  • ZOPA

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Exchanging Information

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Clarify Goals

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Win Win

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Agreement

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L e t’s T a ke A Poll

With collaborative negotiations there is a high concern for both the relationship and the outcomes 1.Yes

  • 2. Not at all
  • 3. Maybe

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Four Major Obstacles

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Premature judgment Searching for the single answer The assumption

  • f a fixed pie

Thinking that “solving their problem is their problem.”

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The Impasse

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Getting Past No to Yes

No Impasse Yes

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  • 1. Go to the Balcony

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  • 2. Step to Their Side

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3.Step to Your Side

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4.Build a Golden Bridge

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5.Make it Difficult to Say “No”

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  • 6. High Yield Questions

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L e t’s T a ke A Poll

What are your instinctive reactions to negative responses? 1.Strike back

  • 2. Give In
  • 3. Break off negotiations
  • 4. All of the above
  • 4. I am a pacifist

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Dealing with Negative Emotions

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Tips

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Moving from Bargaining to Closing

Suggest or Assume Action Summarize the Deal Stop Talking

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Moving from Bargaining to Closing

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The Closing Process

Lose-Lose Win-Lose Win-Win Three possible outcomes to a negotiation.

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L e t’s T a ke A Poll

True or False 80% of concessions occur in the last 20 percent of the time remaining to negotiate

  • A. True
  • B. False
  • C. No Opinion

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The Closing Process

  • 1. Getting everyone’s

perspective

  • 2. Reviewing the

information

  • 3. Outlining the options

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Concerns? Questions? Comments?

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