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Negotiations

Craig A. Steffen

Children have it in abundance.  Teenagers hone it to a fine art.  Lawyers compete to see who has the most of it.  Our spouses wish we had more of it.  When we’re in trouble, we might even practice it with God.  But if we don’t use it, we lose it. 

Negotiation skills are essential to our success in virtually every endeavor in our lives.   

Nearly every week we can find many examples of negotiations in the news.  Typically they end up being news-worthy because they have gone bad.  Management vs. labor; Nation vs. Nation; NHL players vs. team owners.  Because failed situations are what we hear most about, it is easy to conclude that these bad examples are the model for how negotiations are done.    

On many occasions I have been called upon to assist companies in reviving a negotiation that has reached a stalemate.  In that process, I’ve learned a few things about the process that keeps me, and the company, from ending up on the evening news.  Here are a few tips for your next negotiation: 

1.       Learn as much as you can about the person or company with whom you are negotiating.  Understanding what is really important to them is a key element to being able to think creatively toward a mutually acceptable solution.

2.       Identify all the areas on which you and the other party already agree.  Verbalizing all the common ground and mutual objectives first can make the areas of disagreement seem much less significant.

3.       Strategically prepare for the negotiations by anticipating how the other party will respond to your position.  Is there a way you can communicate your position that is less likely to polarize the negotiation?  Do you fully appreciate the other party’s perspective?  Until you can put yourself in their shoes, you’re unlikely to be able to negotiate effectively.

4.       Trust is the most important element to a negotiated solution.   Be honest, speak the truth gently, follow through on what you have committed to and don’t give the other party any reason to believe you are not trustworthy.  If they don’t trust you, they’ll be willing to spend months to try to get every minute detail in writing.  If you don’t trust them, work on discussing and understanding their behavior before negotiating.

5.       Evaluate your own situation carefully before beginning the negotiation process.  Define for yourself the best-case scenario and the worst.  Somewhere in between these two scenarios lies a possible negotiated solution.  Don’t get attached to a particular scenario.  This will be perceived as drawing a line in the sand, which is never conducive to making progress in the negotiations.

6.       Never say no.  Saying “no” stops the negotiation process cold.  You don’t have to say yes unless you mean it, but instead of saying no, propose another path to overcoming each impasse. 

Take time to truly LISTEN to what the other party has to say.   If possible, get them to talk first.  During this process, be attentive and endeavor to understand what’s truly important to them.  Read between the lines. Sometimes what they say they want is just their solution to a bigger problem.   Most problems have many different solutions; some of which may be more acceptable to you than the one being proposed. 

Most of us have a tendency to practice a destructive form of multi-tasking during negotiations.  We hear only enough to begin formulating our own argument to it.  Instead, focus all your attention on listening and then take some time in silence to formulate your response before you begin speaking.  If the other party sees you considering their words, they’re more likely to respect your reply. 

Finally, try to enjoy the process.  There really is a certain humor in the give and take of the process    Remember how cute it could seem when your child practiced their negotiation skills at the dinner table?  “How many more bites …” 

 

Paraclete Consulting specializes in helping companies evaluate existing products and develop new products.   Hit "Contact Us" to get a FREE consultation.

 

Paraclete Consulting Inc.  . 2330 Schnebly Road . Spring Valley, Ohio 45370 . Phone: 937-603-7282