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Making Better Decisions

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Making Better Decisions

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Build Motivation

Build Motivation

One of the most powerful things you can do in a negotiation is draw out why the other party wants to make a deal. You can do this by asking questions and building negotiating roots.

Asking questions about their competition and why they want to work with you -- what's in it for them -- builds your negotiating counterpart's motivation.

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Play the reluctant part

Play the reluctant part

  • Use your body language to communicate your reluctance, to communicate you're not really eager to make a deal: sit back from the table and keep the tension in your bodies low
  • You can manipulate your voice to sound more reluctant: speak slowly and softly. 
  • Relu...

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Understand your negotiation signature

Understand your negotiation signature

That signature is the habitual way that you go about a negotiation. Understanding your default signature helps you know what you're working with.

Some people try to go in and beat the other person up on price. Other people are really intimidated, reticent, and afraid to ask for anyt...

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Get clear on your negotiation goals

There are 3 key questions you should ask yourself:

  • What's the best possible outcome
  • What's your bottom line? This refers to the least acceptable offer. If you're the seller, what's the lowest offer you'd be willing to accept? And if you're the buyer,...

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Determine your core negotiation strategy (CNS)

Determine your core negotiation strategy (CNS)

It means finding the doorway that you want to enter the negotiation through. That could be the doorway of safety and liability or of value, the doorway of competition or of future business.

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CURATED FROM

CURATED BY

adalinew

Good communicator and coffee specialist. I also have a passion for music.

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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 inter...

When the other party is more powerful

When the other party is more powerful

The weaker party can be protected against a poor agreement by developing a BATNA - the Best Alternative to a Negotiated Agreement.

The reason you negotiate is to produce something better than what you can obtain without negotiating. Without a BATNA, you will negotiate bli...

Help Others Find Strength

One of the most empowering things leaders can do in the face of unanswerable questions is to use broader questions to draw out people's deeper concerns.

In doing so, you may end up helping others discover their own strength, which works far better than offering the answer you think they wa...

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