Negotiations 101 - How To Pause And Win Negotiations?
Author: Dorothy Richardson
Pausing Talks : Everybody has a pause button a little device inside our heads that helps us maintain emotional distance in a negotiation. Some use it more than others.
Others do not use it all. The pause controller can take numerous forms it could be a break during a heated negotiation, or it could be a moment of silence when you do not agree with someone's discussion.
When you use your pause button in a negotiation, you stop yourself from asserting things you will later regret. Your pause button also permits you a second of reflection. When you don't use your pause button, you will leap into a deal too fast as you didn't spend sufficient time considering your actions and words. Never let your feelings take command of your actions. Work out ahead what sets you off. Identify your hot buttons.
When you know what upsets you, talk about the subject with others on your team so you and they're prepared if this sort of situation arises.
We all have hot buttons, so we may as well deal with them upfront. I talk more on the advantages of using the pause control and paths to chill your hot buttons in the future articles. If a negotiation looks to be headed south and talks are at a dead stop, do not panic.
Use your pause button. Consider the steps that got you to this point. Rather than making ridiculous demands or angrily attacking out of the negotiating room, take 5 and suggest meeting at a future time. Closing the deal:Sometimes deals don't appear to close even if the parties are roughly in accord on all of the significant issues. Infrequently this happens because somebody in the room is being tricky. This takes all forms.
Perhaps an individual is being a bully or attempting to pull the wool over your eyes. Perhaps somebody is interrupting the proceedings by screaming or being dominating. Pushing past these problems involves pushing the pause controller hard.
Sometime deals get hung up due to the other side's methods. You almost certainly can list them as well as any one : a relentless change of position, playing good cop / bad cop, having to make checks with an invisible partner.
When you run into one of these behaviors, push the pause control. When you are on a break, research your contestant's tactics, and when you return to the negotiating table, ask precise questions of the opposite side. Listen carefully to find a way around the obstruction.
Closing is the final result of the negotiation process. It's the point at which everything comes together, when 2 parties jointly agree on the conditions of the deal. But how shortly is too shortly to close? The answer : it is never too shortly to shut. You wish to start closing as swiftly and effectively as possible under reasonable parameters, naturally. You do not have to shut the entire deal straight away.
You can close a chunk of it by agreeing provisionally and heading off to other issues. Closing the deal is not necessarily a smooth process. Occasionally you are working with someone that fears making a bad deal or is terrified of their manager who never likes a result irrespective of how good it is and how hard everybody worked.
Again, ask a large amount of questions to discover what is occurring, and then help this person with their problem. A good negotiator is typically just someone that helps the opposite side understand all of the good points of their offer and gives the other person the tools and debates to sell the suggestion to whoever must be sold.
About the Author
Dorothy Richardson is a school teacher in the Midwest.