Saturday, September 8, 2012

Negotiation: The Win Win Strategy


Negotiation takes two parties to carve out some results on the basis of mutual interests. This mutual interest may be some who are concerned or even may be some controversy. But, as in this argument I will consider the reports do not dispute. A good negotiator is one who produces a win-win situation between the parties. Gerard I. Nierenberg, author of The art of negotiation, has argued that "everybody wins" is better than "winner takes all" approach. This WIN-WIN philosophy assures that all parties benefit from the negotiation process.

With global business, distances are shrinking and we have created a global village. Fusion, which deals with using and purchasing is becoming more and more management time. The lack of a better negotiation can lead to failure. Thus, companies around the world are focusing on the negotiation skills of their employees.
In the past it was considered that the ability to negotiate is a personality trait and the person who has these skills can only do good business. They also believed that anyone who can not reach because it has a god. But I think the negotiation is not a personality trait at all, anyone can reach for the zeal. In this article we will try to give the best trading strategy, which when followed will result in win-win situation.

The negotiation process

Literature about various stages of negotiation. I'll try to put the best from them. We can classify the negotiations in three chronological stages - before, during and after.

1. Preparing for denial -

one. Know your goals. Negotiation can be as bright colors, you want to approve the conditions, you want to take someone or agreement you have to win a better price. All this must be clearly indicated in your mind. Also pull out the flexibility in your goals.

b. Set floor and the ceiling. Each agreement has a few points to ponder, and each point has a radius. First graph at all points of the agreements negotiating and also the floor and ceiling of each point. Like, if you are a human resource manager and an employee must negotiate, the ranges of salaries and benefits should be set, before going into negotiations.

c. Know your limits of authority. If you are negotiating on behalf of someone else, like your business, you also know what exactly what your skills are and what your limits. See, when you're negotiating for your company always remember that there are now, but you are only an employee of that company, so do not take anything personal.

d. Arrange a meeting. This is the obvious point, but worth mentioning. Make sure that your meeting time and place and people to meet should be well determined. The time and place chosen must be convenient for both parties. Also make sure that you are not communicating directly with the concerned authorities to mediators.

2.Negotiating Process

one. Build the best deal for you. Always make sure you got the most out of negotiations. Even if you have any compromise, the over all results are in your favor. This should be the primary policy of negotiation.

b.Communicate directly to interested stakeholders. Whatever your means of communication to be (face to face, telephone, mail or online), always talk directly with the concerned authorities. If you communicate to the average man (as a secretary or receptionist) can never be a final deal.

c. Let them speak first. This is useful in some cases, when the other party is doing much more favorable than what you thought. If we talk about the first change their tone. This also applies in your side.

d. Setting the conditions of the other party wins. See what points are the victory conditions for the other party. Somewhere else is more concerned about a less useful part of an agreement, you may benefit from popping up that part as a central issue and make them feel that they have won the contract.

and. Being worthy of trust. Do not try to dodge your opponents in negotiations, trying to get them to understand and trust in you. And when I say "them" I never say "their false", so, you must be reliable and this is a quality that will help you get the most 'YES'.

3. The consequences of trading

one. Nothing should be considered as a complete and definitive in any agreement. Verify that the results are exactly according to the agreement negotiation, if not, we go a step further in the negotiations.

b. Analyze the negotiation. We can learn from old experiences, this works also under negotiation. Try to analyze the whole process, "what worked, what did not," "what went wrong," they should be analyzed, so that we can improve our skills for future negotiations.

New research in the field

Now some arguments' are added, and the subject of research in negotiation skills. One such topic is "adding emotion to win negotiations." Anything that gets you your goals must be considered in the dealings, so this may also be tried.

Conclusion

Negotiation is something that can only be won by force of will and trust. Your thinking of better alternatives and understand the limitations of your negotiation can help more. Any negotiation is called successful only when both sides win, "winner takes all" approach is a better policy of negotiation .......

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