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2 The Secrets of Power Negotiation
2 The Secrets of Power Negotiation
2 The Secrets of Power Negotiation
Influencing Skills
NEGOTIATION
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The Art of Conflict Resolution
What is Conflict Resolution
When to apply it
Developing power to overcome
the other
Power, Control and Influence
Power
Types of Power
Types of Power
Legitimate power
Reward power
Expertise power
Coercive power
Reverent power
Charismatic power
Situation power
Information power
What is Power Negotiation
The brilliant ideal idea behind
negotiation is a win-win situation.
In reality, human-kind is poised to
win at any rate without much
consideration for the one who loses.
Power negotiating takes a different
form: where one wins at negotiation
but, leaves the other to feel that he or
she won.
7 Principles of Power Negotiation
Always, get the Other Side to Commit First
Act Dumb, Not Smart
Think in Real Money Terms but Talk Funny
Money
Concentrate on the Issues
Separate the people from the problem.
Focus on solving problems and not on
emotions wrapped around the problem
Keep your emotions in check.
Always Congratulate The Other Side
Always get the Other Side to
Commit First
Power Negotiators are in a better
position if they can get the other side
to commit to a position first. Some
reasons for that approach include:
Their first offer might be much better than
you hoped.
It gives you information about your
counterpart before you have to disclose
anything.
It enables you to bracket their proposal.
Act Dumb, Not Smart
To Power Negotiators, to act smart is
dumb, but to act dumb is brilliant
Principled negotiation
Always Congratulate The
Other Side
When you have finished negotiating, you
should always congratulate the other side
Despite the outcome, let the other person
think that he or she won in the
negotiations.
Complement them
“Wow !! you did a fantastic job negotiating that. I
realize that I didn't get as good a deal as I could
have done, but frankly, it was worth it because I
learned so much about negotiating. You were
brilliant."
The Gambits:
From the
Beginning to the
End
1. Ask for More than You
Expect to Get
Effectiveness at the conference table
depends upon overstating one’s
demands” – Henry Kissinger
Bracketing
How much more should you expect to
get?
Indicate how bracketing works
Synopsis: Why ask for more
(But you are not Oliver)
You may get it
It gives you negotiating room
It raises the perceived value of what
you are offering
It prevents the negotiating from
deadlocking
It creates a climate in which the other
side feels they won
2. Never say Yes to the first Offer
Refusal to say Yes to the first offer
triggers 2 thoughts in the other
person’s mind.
Conduct of Arbitrator