Negotiation Skills in Professional and Personal Endeavors

AzimBarbhuiya1 11 views 14 slides Sep 30, 2024
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About This Presentation

Learn how to negotiate and resolve conflicts.


Slide Content

Azim Barbhuiya Negotiation Skills

Learning outcomes Define what is meant by negotiation and apply that to a number of different contexts Identify factors that can determine the outcome of a negotiation Plan a strategy for successful negotiation Understand the principle of ‘win-win’ negotiations Negotiation Skills

Negotiation - Introduction Models of Negotiation Types of Negotiation in Corporates Preparing for Win-Win Negotiation Importance of Negotiation in Corporates Importance of Negotiation in Daily Life Negotiation Skills Negotiation Techniques Challenges for an Effective Negotiation Role of Communication in Negotiation Role of Personality in Negotiation Role of Emotions in Negotiation Tips for a Successful Negotiation Salary Negotiation Negotiation Skills

What is negotiation? Negotiation takes place when two or more people, with differing views, come together to attempt to reach agreement on an issue. It is persuasive communication or bargaining. “Negotiation is about getting the best possible deal in the best possible way.” Negotiation Skills

Types of negotiation Distributive (win-lose) Integrative (win-win) Benefits of win-win Negotiation Skills

What have you negotiated? What have you successfully negotiated ? What factors helped enable your success? Negotiation Skills

Planning to negotiate Establish your objectives Establish other party’s objectives Frame negotiation as a joint search for a solution Identify areas of agreement Trouble shoot disagreements: bargain & seek alternative solutions, introduce trade offs Agreement and close: summarise and ensure acceptance Negotiation Skills

Negotiating skills Tact & Diplomacy Awareness of body language Effective listening skills Assertiveness Empathy Patience The ability to remain calm & deal with conflict Accurate note-taking/record keeping Negotiation Skills

How to influence others The three ‘Ps’: Position (power?) Perspective (empathy) Problems (solutions) Negotiation Skills

Factors for success Legitimacy of your case Confidence in presenting it Courtesy to the other party Adaptation to the other party’s style Rapport Incentives and trade offs Research the bigger picture Negotiation Skills

RADPAC R – Rapport A – Analysis D – Debate P – Propose A – Agreement C - Close Negotiation Skills

Tips Aim high to begin with – easier to lose ground than gain Give concessions ‘reluctantly’ Break down complex deals Language: Make proposals with open questions such as: “ what would happen if we…?” “suppose we were to…” “what would be the result of?” Dealing with stone-walls: “what would need to happen for you to be willing to negotiate over this?” Always get agreement in writing Negotiation Skills

Learning outcomes Define what is meant by negotiation and apply that to a number of different contexts Identify factors that can determine the outcome of a negotiation Plan a strategy for successful negotiation Understand the principle of ‘win-win’ negotiations Negotiation Skills

Azim Barbhuiya Negotiation Skills
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