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Employment and Personal Development
Negotiation Skills
Last Updated
July 21, 2010
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Introduction
Negotiation is something that we do all the time and is not only used for business
purposes. For example, we use it in our social lives perhaps for deciding a time to meet,
or where to go on a rainy day.
There are many reasons why you may want to negotiate and there are several ways to
approach it. The following is a few things that you may want to consider.
Why Negotiate?
If your reason for negotiation is seen as ‘beating’ the opposition, it is known as
‘Distributive negotiation’. This way, you must be prepared to use persuasive tactics and
you may not end up with maximum benefit. This is because your agreement is not being
directed to a certain compromise and both parties are looking for a different outcome.
Should you feel your negotiation is much more ‘friendly’ with both parties aiming to
reach agreement, it is known as ‘Integrative negotiation’. This way usually brings an
outcome where you will both benefit highly.
Negotiation, in a business context, can be used for selling, purchasing, staff (e.g.
contracts), borrowing (e.g. loans) and transactions, along with anything else that you feel
are applicable for your business.
Article Index
1. Negotiation Skills
2. Planning and How to Negotiate
3. Coming to an Agreement in Negotiation
4. Further Reading in Negotiation Skills
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