40. Negotiation Technique Tips
Description and Purpose:
Tips on negotiation techniques.
Consider the following tips on negotiation techniques, and try to incorporate any that are suitable for your situation.
Negotiation is a process, not an event. There are predictable steps: preparation, creating the right climate, identifying interests, and selecting outcomes, that you will go through in any negotiation. The following are some tips to help with this process.
Assess your strengths and weaknesses. Use your strengths and avoid or play down your weaknesses.
Do Your Research
Know who you’re negotiating with. What’s his or her reputation as a negotiator? Know their likes and dislikes, and past record.
Develop a sympathetic style of negotiation technique, and adapt this to suit the other party. The negotiation should leave a positive atmosphere, and not be antagonistic. Use body language and props effectively, and make good use of timing.
Practice Double and Triple Think
It’s not enough to know what you want out of negotiation. You also need to anticipate what the other party wants (double think). The smart negotiator also tries to anticipate what the other party thinks you want (triple think).
Really good negotiators are able to read the other person/people. They can take the role of an Objective Observer, retaining a calm, inner state of mind.
Build a relationship over time. Be like them, and make them like you!
Without trust, there won’t be communication. Always be honest and trustworthy. Respect confidences, and deliver commitments.
Develop External Listening
Your inner dialogue (and worries) can stop you listening to others effectively. You should turn off this inner dialogue and concentrate on listening externally. Then you won’t miss important non-verbal messages, facial expressions of voice inflections etc. Also, use open questions, and check out anything you don’t understand.
Move Beyond Positions
In a negotiation, begin by stating your position. Later, when the trust has deepened, you and the other party can risk more honesty and identify your true interests. As a negotiator, you should ask questions that will uncover the needs or interests of the other party.
Own Your Power
Don’t assume that because the other party has one type of power, e.g. position power, that he or she is all-powerful. That is giving away your power! Assess the other party’s power source, and also your own. And use this! Your power will include internal power (for example, self-esteem, self-confidence etc.), as well as external power.
Know Your BATNA
BATNA stands for Best Alternative to A Negotiated Agreement. Before you begin a negotiation, know what your options are. What trade-offs are there? Can you walk away from the deal? What other choices do you have? What are the pros and cons of each choice? Effective negotiators are able to let go of their positions, giving up one want and choosing another.
Five Basic Principles
- Be hard on the problem and soft on the person
- Focus on needs, not positions
- Emphasize common ground
- Be inventive about options
- Make clear agreements
The following may also be helpful:
12 Principles to Win People to Your Way of Thinking