A survey by Glassdoor showed that 65% of Indians didn't negotiate salary after receiving their most recent job offer.
The importance of negotiation can’t be overstated. Negotiation holds the key to getting ahead in the workplace, resolving conflicts, and creating value in contracts.
With that said, I really loved the negotiation program offered by American Negotiation Institute
Here are my key learnings from negotiation professional certification
Dealing with contentious tactics by Lisa Gates
1. Recognize Tactics: Learn to identify common contentious tactics like ingratiation, promises, shaming, persuasive argumentation, and threats.
2. Respond Appropriately: Use diagnostic questions, mirroring, and focusing on the problem (not the person) to navigate and defuse these tactics.
3. Maintain Leadership: Demonstrate leadership by steering the conversation from adversarial to collaborative, aiming for a problem-solving approach.
Structuring a deal in negotiation by Mike Figliuolo
1. Define clear, fact-based criteria for the deal, like ROI or cost.
2. Identify and plan how to overcome potential deal obstacles.
3. Understand the deal's urgency and how timing affects your position.
Look for ways to make the deal better for all parties, such as additional benefits or incentives.
3. Every interaction is a negotiation by Chris Croft
1. Negotiation is crucial when dealing with peers, as there's no power difference.
2. It's about seeking mutual benefits, not just airing grievances.
The goal is to improve working relationships by finding what you can exchange.
4. Viewing negotiation as a problem-solving process by Kwame Christian, Esq., M.A., fostering collaboration.
1. Negotiation is a continuous cycle, consisting of preparation and engagement stages.
2. Three R's of preparation: Research, Rehearsal, and Review, which are crucial for effective negotiation preparation.
5. Align your tactics and strategy by Michael Wheeler
1. Strategy should drive tactics: It's essential to ensure that your negotiation tactics align with your larger objectives to maintain a coherent approach.
2. Behavior consistency: Your actions in negotiations should consistently reflect your strategic intentions to avoid unintended outcomes.
6. Impact of tactics by Kwame Christian, Esq., M.A.
Tactical choices can provoke competition or foster cooperation, influencing the negotiation's direction and outcome.
BATNA stands for Best Alternative to a Negotiated Agreement.
It's crucial to have a backup plan before entering negotiations.
Improving your BATNA is essential for a stronger negotiation position.
Consider the other party's BATNA; you might be overestimating their position.
Psychological advantage can be gained by understanding both BATNAs.
Initiating other options (e.g., another job offer) can boost your negotiation confidence.
Thanks to LinkedIn Learning to facilitate this program.
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