role of negotiation
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Role of Negotiation
- KHUSHBU KUMARI
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What is Negotiation?
Negotiation takes place when two or more people, with differing views, come together to attempt to reach agreement on an issue. It is persuasive communication or bargaining.
“Negotiation is about getting the best possible deal in the best possible way.”
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Planning to negotiate
Establish your objectives
Establish other party’s objectives
Frame negotiation as a joint search for a solution
Identify areas of agreement
Trouble shoot disagreements: bargain & seek alternative solutions, introduce trade offs
Agreement and close: summarise and ensure acceptance
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Stages of Negotiation
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Types of Negotiation
Distributive (win-lose)
Integrative (win-win)
Benefits of win-win
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Factors for success
Legitimacy of your case
Confidence in presenting it
Courtesy to the other party
Adaptation to the other party’s style
Rapport
Incentives and trade offs
Research the bigger picture
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THANK YOU