Download as ppt, pdf, or txt
Download as ppt, pdf, or txt
You are on page 1of 9

Negotiation

Working with and Against Others

Chapter 11
STEP 1: PREPARATION

STEP 2: BUILDING THE


RELATIONSHIP

STEP 3: EXCHANGING
INFORMATION/FIRST OFFER

STEP 4: PERSUASION

STEP 5: CONCESSIONS

STEP 6: AGREEMENT
STEP 1:
PREPARATION
 Is the negotiation possible?
 Know what your company wants

 Know the other side

 Send the proper team

 Agenda

 Prepare for a long negotiation

 Environment

 Strategy
STEP 2: BUILDING THE
RELATIONSHIP

 No focus on business
 Partners get to know each other
 Social and interpersonal exchange
 Duration and importance vary by
culture
STEP 3: EXCHANGING
INFORMATION AND FIRST
OFFER

 Task-related information is
exchanged
 First offer
STEP 4: PERSUASION

 Heart of the negotiation process


 Attempting to get other side to agree
to a position
 Numerous tactics used
VERBAL AND NONVERBAL
NEGOTIATION TACTICS
 Promise  Commitment
 Threat  Self disclosure
 Friendship  Question
 Warning  Command
 Reward  Delaying
 Punishment  Interrupting
 Normative appeal
STEPS 5 AND 6: CONCESSIONS AND
AGREEMENT

 Final agreement: The signed


contract, agreeable to all sides
 Concession making: requires that
each side relax some of its
demands
THE SUCCESSFUL INTERNATIONAL
NEGOTIATOR: PERSONAL TRAITS

 Tolerance of ambiguous
situations
 Flexibility and creativity
 Humor
 Patience
 Empathy
 Bilingual

You might also like