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Negotiation

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Page 1: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Negotiation

Page 2: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

A Six-Step Model

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1. Prepare. 2. State purpose.

3. Negotiate each step.

4. Discuss areas of

disagreement.

5. Take a reality check.

6. Exchange paperwork.

Page 3: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Program Objectives (1 of 2)

Understand what negotiations are all about.

Choose a strategy to effectively negotiate.

Learn the range of negotiation approaches and their results based on your interactions.

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Page 4: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Program Objectives (2 of 2)

Plan for a negotiation session.

Use communication techniques to avert potential conflicts.

Practice your general negotiation techniques.

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Page 5: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Definition (1 of 2)

Negotiation is getting what you want from the other person – no matter what.

We all know how bargaining works: you ask for a lot and wind up settling for something in the middle.

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Page 6: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Definition (2 of 2)

Negotiation is an attempted trade-off between getting what you want and getting along with people.

Negotiation is a discussion between people with the goal of reaching an agreement on issues and separating the parties when neither party has the power to get the desired outcome.

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Page 7: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

How To Assemble Data (3 of 4)

3. Convert this data into questions framed to require specific answers.

If answers cannot be provided by primary or secondary resources, review your facts.

This serves as a further check of your understanding of the issues.

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Page 8: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Positional Negotiation (1 of 2)

Positional negotiation occurs when both parties propose a solution.

Both parties make offers and counter-offers until an agreement is reached.

The agreement is acceptable to both parties, meaning it falls within the ZOPA or Zone of Possible Agreement.

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Adapted From: Beyond

Intractability

Page 9: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Negotiation Techniques (2 of 3)

Active Techniques:

Increase maneuverability and flexibility:

1. Blame of an absent party

2. Straw issues

3. The walkout

4. Holding back on strong points

5. Division of the opposition's team

6. The informal meeting

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Page 10: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

The 5 Negotiating Approaches

Approach Description Adage

Forcing

Hard-nosed, conflictive,

confrontational

“Put your foot down where you mean to stand.”

Compromising

Splitting the difference, sharing,

trading

“You have to give some to get

some.”

Avoiding

Losing/leaving, withdrawing

“Let sleeping

dogs lie.”

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Page 11: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Negotiating Options (2 of 3)

Hard Negotiations:

Negotiation occurs between adversaries.

The goal of the negotiation is victory.

Concessions are demanded for the sake of the relationship.

Negotiation is hard on the person and the problem

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Adapted From: Beyond

Intractability

Page 12: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

CONE

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Page 13: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

The Arbitrator

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Page 14: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Physical Setting

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Page 15: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Approaches (4 of 10)

The Typical American Approach:

Americans tend to place great value on:

– Objectivity

– Competitiveness

– Equality

– Punctuality

When other cultures do not have the same values, Americans may have difficulty adjusting, causing a disadvantage.

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Adapted From: “International Marketing,”

by McGraw-Hill

Page 16: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Predetermined Factors (5 of 7)

Audience:

The audience can put pressure on both parties.

Media, competitors, and other vendors can influence parties because they want to maintain their reputation.

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Adapted From: “International Marketing,”

by McGraw-Hill

Page 17: Negotiation - Ready Set Present · negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the

Download “Negotiation” PowerPoint presentation

at ReadySetPresent.com

150 slides include: 5 points on the definition of negotiation, 5 negotiation questions, 4 basic components, 6 points on identifying the issues, 4 points on how to assemble data, 6 points on positional negotiation, BATNA, 10 points

on integrative and distributive bargaining, 4 components to successful strategies, 4 points on strategy assistance, 5 successful tactics, 20 points on

negotiation techniques, 3 slides on negotiating options, 6 points on when using questions, 10 points on the art of negotiation, 15 points on the 5

negotiation approaches, 20 points on style pros and cons, 4 points on causes, a 6 step model, 62 points on CONE (Characteristics Of Negotiating

Effectively), 6 points on integrative agreements, 8 points on mediators and mediation, 6 points on arbitrators and arbitration, 7 points on physical

setting, 9 points on advantages of your versus their versus a third party site, 8 points on time, 6 points on information, 10 points on appearance and mannerisms, 3 points on finalizing negotiations, 7 points on negotiation

styles, 7 slides on cultural approaches to negotiation, 8 slides on predetermined factors, 16 action steps and much more.

Royalty Free - Use Them Over and Over Again.

Updated & Expanded 2013 Now: more content, graphics, and diagrams

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