Negotiation Skills 4

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    Principles of Negotiation

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    Position your case advantageously

    Set high aspiration

    Concede according to plan Know the full range & strength of

    your power

    Manage information skillfully

    Principles of Negotiations

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    Position Your Case

    Advantageously

    Position means to name or framethe negotiation in a way that

    creates a favorable playing

    field, and supports your case

    Position creates perceived

    Value where little existed Before

    Principle 1

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    Perceived value can be highly

    subjective

    Positioning is especially powerful

    for extending the range of

    reason,

    Example: Outcomes the other

    party can be persuaded to see as

    good enough

    Key Learnings

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    Set High Aspirations

    The negotiators goals should

    be as high as possible withinthe range of reason

    Principle 2

    Old Negotiation Maxim says: If you dont ask for it, you wont get it

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    Skilled negotiators ask for

    more, and therefore tend to get

    more

    No deal is better than a baddeal

    Key Learnings

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    Concede According To Plan

    Concessions are the compromises

    you make after your opening

    position to move the negotiation

    forward

    Principle 3

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    Dont make any concessions unless

    you have to

    Dont make a concession unless

    the other party makes a concessions

    first, or unless it is needed to keep the

    negotiation alive

    When you give a concession, get

    one in return

    If you make concessions, makesure that the way you make them

    sends the message you really want to

    send

    Key Learnings

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    Know The Full Range And

    Strength of Your Power

    To recognize all the factors

    that might give you an

    advantage in a negotiation

    Principle 4

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    Power starts with personalconviction. You are only as

    powerful as you believe yourself

    to be

    Power is perception. If others see

    you as powerful, then you are

    powerful

    A major source of personal power

    in negotiation is knowing clearly

    what you want, and persistently

    asking for it as you uncover and

    satisfy the other partys need

    Key Learnings

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    Manage Information Skillfully

    To share or uncover only that

    information necessary, or useful, to

    negotiate successfully

    Principle 5

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    Information is power

    Dont just look at the other party

    as the enemy, but as a valuable

    source of information, whichcan help you succeed.

    If you dont share enough

    information, you may create

    distrust and undermine therelationship

    Key Learning

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    Role Plays - Negotiation