Professional Documents
Culture Documents
Lesson 1 - Negociation Intro and Techniques - 20231116
Lesson 1 - Negociation Intro and Techniques - 20231116
EPHEC 2023
Our lives are filled with
negotiation
W I TH Y O U R FRIENDS AND RELATIVES
W I TH Y O U R PARTNER(S)
What is negotiation
Min 2 people
Predetermined goals
Expected outcome
Why
To reach an
do we
agreement
negotiate
To Solve a
problem
N E G O T I A T I O N SKILLS
N E G O T IAT IO N T Y P E S
Negotiation Types
individual gains Joint gains
Negotiation is seen as an
Negotiation’s aim is not to find
opportunity to be creative and
an alternative solution that
think outside of the box in
would benefit both parties,
order to make the pie bigger.
I think we all agree when I say
This type of resolution will help
that the integrative bargaining
building long-term relationships
is the right negotiation
and trust bet ween the parties.
behaviour to use
Negotiation strategy matrix
+ Outcome -
You Win You Lose
Relationship
-
Different Negociation strategies
based on Thomas Killman’s conflict matrix
Different Negociation strategies
How to create value? Case study
Collaboration versus compromise
Necessary ingredients:
trust and good relationship à not always possible
N E G O T I A T I O N SKILLS
NEGOTIATION CYCLE
4 PRINCIPLES OF BEST PRACTICE NEGOTIATION
Understand the issues and the people and
Preparation: equipping the team for the process
Active Listing
Emotional control
Verbal communication
Collaborative
Decision making
Interpersonall skills
N E G O T IAT IO N C O N C E P T S
3 Questions to prepare before entering to a negotiation
Why, How, whom
3 Questions to prepare before entering to a negotiation
Why, How, whom
YourHigh Hypothesis,Yourbestcase
scenario
Aspiration Point
Best case scenario
Zone Of PossibleAgreement
Reservation Point
Worst case scenario
Core concepts that you must have in mind
SELLER BUYER
WA LKAW AY WA LKAW AY
0 700 0
4500 5000
Core concepts that you must have in mind
When
Use it toa proposal
relaunch is better
negotiation whenthan your
you’ve
reached a dead-end.
BATNA……. Useaccept
it like a it
last chance.
When
Use it toaput
proposal
pressure is worse
and thanwhat’s
emphasize yourat
stake. If youBA
use it, negoreject
TNA……. is ended.Use
it wisely.
How to make a negociation strategy?
Follow this step-by-step approach:
1.Define your main variable.
2.Find as many cookies as possible.
3.Rank them by order of importance.
4.Identify your ‘sacred cows’
5.Place your variables in AP and RP, define and quantify your ZOPA. Think of
possible BATNA’s, at least a positive and a negative one.
6.Gather info on the other party and make a discovery strategy.
7.Engage into some preliminary discussions.
8.Finetune your strategy.
9.Start negotiating.
Know yourself & who
you represent
Define your interest &
outcome set realistic
expectations
rese arch
Doyour
Decide your
walkway
Try to predict
the ZOPA
Know your &
their BATNA
N E G O T I A T I O N SKILLS
NEGOTIATION BEHAVIOURS
HARD: Hard bargaining is adversial.
(Controlling) Opponent = enemy => only way to win is ihe (she) loses.
Bargaining in a very aggressive, competitive way.
Principled: P²O².
N E G O T I A T I O N SKILLS
T H E F I V E N EG O TIATIO N S T Y L E S
N E G O T I A T I O N SKILLS
T H E F I V E N EG O TIATIO N S T Y L E S
TP 1 – Nov 16th
In pairs, in silence
You are given €1000 that you will get only if you agree on the way to split it
A has a pencil + paper -> writes the amount they are ready to accept IN SILENCE
ONLY ONE GO
If B says ‘yes’, you both get the money you agreed on
If B says ‘no’, no money for anybody