negotiation webinar for london inst. for banking and finance

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Good Evening - 20thSeptember 2016

• www.derekarden.co.uk• www.youtube.com/derekarden• www.linkedin.com/dererkarden• www.twitter.com/derekarden• action@derekarden.co.uk

Rate your Negotiating Skills on a scale of 0----------100

How do you rate yourself as a negotiator?

•Beginner•Intermediate•Good•or…………

Psychology

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NEGOTIAPHOBIA

FORENSIC PREPARATION

In a study of qualified accountants60% said they were not good negotiatorsHenley Business School found that good negotiators earned 100% more

Legal Directors at Law firm

56% didn't think they were good negotiators

Black Swan

Email / Social mediaTelephone

SkypeFace to face?

How do you negotiate?

Emoticons :-)

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Section 1

1 - We are all negotiators!2 - What’s the cost of negotiating?3 - Win win win negotiating!4 - How do you rate as a negotiator?5 - Who has the power?

NEGOTIATING

NEGOTIATING

BP - Best Position

TP - Target Position

WAP - Walk away position

AP - Alternative position

Positions

46

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Zone of potential agreement (ZOPA)

BP

BP

TP

TP

WAP

WAPZOPA

SCORESHEET

Section 2

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Preparation and Plan1st ImpressionsQuestioningListeningUse your headBody LanguageWatch out for lyingStrategies and tacticsInfluencingBargainingManaging ConflictConfidence

32

Scoresheet

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Preparation and Plan 41st Impressions 1Questioning 1Listening 2Use your head 1Body Language 2Watch out for lying 1Strategies and tactics 3Influencing 1Bargaining 2Managing Conflict 1Confidence 1

32

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Preparation and Plan 431st Impressions 61Questioning 71Listening 85Use your head 97Body Language 117Watch out for lying 139Strategies and tactics 151Influencing 171Bargaining 197Managing Conflict 217Confidence 237

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151

Where people were prepared to lie

141 Jeff Hancock

FLINCH

“It’s what you learn when you know it all that really counts”!

QUESTIONS PLEASE

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WII FM

BB

Sign up sheets

How do you rate yourself as a negotiator?

•Beginner•Intermediate•Good•or…………

Rate your Negotiating Skills on a scale of

0----------100

Good Evening - 20thSeptember 2016

• www.derekarden.co.uk• www.youtube.com/derekarden• www.linkedin.com/dererkarden• www.twitter.com/derekarden• action@derekarden.co.uk

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