Ask yourself these 7 questions when preparing for a negotiation - Deepstash
Cracking the Interview

Learn more about personaldevelopment with this collection

How to showcase your skills and experience

How to answer common interview questions

How to make a good first impression

Cracking the Interview

Discover 38 similar ideas in

It takes just

6 mins to read

Negotiation

Negotiation

Whether it is a high-stakes deal, the price of a used car, or a family issue, we all are bargaining and getting into negotiations.

Negotiation is 90 % planning, along with being educated and prepared.

209

1.04K reads

The 7 Elements

The 7 Elements

A negotiation does not have to be a uni-dimensional, one-shot activity.

There are seven points to prepare yourself with:

  1. What do people want?
  2. What is my Plan B?
  3. Creating Value using shared interests.
  4. What's relevant and what's persuasive.
  5. One-shot or multiple rounds?
  6. The best way to communicate.
  7. What are my commitments?

284

771 reads

What People Want

What People Want

Knowing the other party's needs, wants and desires, getting to know what drives their negotiation, is crucial information in the planning stage.

The more we understand the interests of the other negotiating party, the better we can help them get what they want while taking care of our interests.

203

535 reads

Plan B

Plan B

There can be scenarios where you will not be able to reach a deal, so it is advisable to always have an alternative, a Plan B, or a back-up with you in any negotiation.

184

549 reads

Creating value

Creating value

Once we can find out what the shared interests are, we can find many ways to address certain demands of the negotiating party which may not be a hassle for us.

175

490 reads

Being Fair

Being Fair

We need to know what's the most relevant and persuasive criteria.

A negotiation will break down swiftly if there is no fairness in the proposals of either party.

Having a legitimate argument in the tactics used for influencing is always a good thing for a successful deal.

176

413 reads

Short Term and Long Term Game

Short Term and Long Term Game

Sometimes negotiation is not about the immediate goal of the discussion but about the larger picture.

It may be a multi-round war and not just a battle. You may choose to win now but you may risk losing something bigger in the future.

In this scenario, we can make a different choice in the immediate deal so that we eventually win.

172

358 reads

Good Communication

Good Communication

In any negotiation, good communication is key.

Common misunderstandings and wrong assumptions are the biggest reasons for a break down of a negotiation.

179

602 reads

Our Commitments

Our Commitments

Managing to articulate what we can commit to the deal leads to the best and most ideal outcomes in a negotiation.

Having a planned commitment beforehand eliminates surprises and further negotiations that may arise otherwise.

174

475 reads

CURATED BY

reeser

I get my inspiration from the fictional world. I'm a social geek.

stash-superman-illustration

Explore the World’s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas

Anywhere

Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.

Join

2 Million Stashers

4.8

5,740 Reviews

App Store

4.7

72,690 Reviews

Google Play

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

samz905

Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates