Rules of thumb for a competitive negotiation, Other Management

Assignment Help:

Rules of thumb for a competitive negotiation: 

  •   Stick to your planned target and walk away points. 
  •   You are likely to get a better overall deal if you make a larger number of concession moves, but smaller in magnitude. 
  •   Do not reveal your target until you reach close to it during the negotiation. 
  •   Never reveal your walk away point. 
  •   Get the other party to make big concessions. 
  •   Keep your concessions few, slow and small. This calls for patience of the negotiator. 
  •   Manage the other party?s impressions of your concerns. If you are liberal in showing your big concerns, your position becomes weaker. Hence, conceal your greatest concerns, and divert attention to lesser concerns as you negotiate. 

We noted in this section that effective negotiators are not born and learnt their skills through experience and training. As an effective negotiator you should have very clear  goals, but should also compromise or revise your goals in the light of new information. You should learn to view issues independently without linking them in a sequence. Linking can undermine a negotiation if an impasse is reached on one issue. Instead of taking a single, rigid position on an issue, you should review many more options for a position compared with an average negotiator.  


Related Discussions:- Rules of thumb for a competitive negotiation

Direct ordering with publishers and standing vendor method, Direct Ordering...

Direct Ordering with Publishers: Due to the inefficiency of local booksellers,  many a library has resorted to the practice of directly ordering with publishers or their local

Entire agreement, Entire agreement  The entire agreement clause must st...

Entire agreement  The entire agreement clause must state that the contract is the final, complete, and total expression of the parties' agreement. Such an agreement helps in pr

Questioning and interview schedule, Questioning and Interview Schedule: ...

Questioning and Interview Schedule: Meaning: The questioning is  a technique of data collection where  the sources  of data  is  the subject himself/herself.  Here, the data a

Selective dissemination of information , Selective Dissemination of Informa...

Selective Dissemination of Information (SDI): Selective dissemination of information is a method of supplying each user or a group of users with the references of documents or

History of filing systems - library management, History of Filing Systems ...

History of Filing Systems   The history of filing systems can be traced back to the history of libraries because basically man prefers order and early librarians, therefore, wo

Reference sources and books, THE REFERENCE SOURCES/ BOOKS: A basic qu...

THE REFERENCE SOURCES/ BOOKS: A basic question arises then when we start discussing reference books, that is what books and other materials a reference library should stock an

Activities of a binding division - library management, Activities of a Bind...

Activities of a Binding Division: Identification and preparation of materials for binding  Recording of all such materials requiring binding  Specification of the sty

Describe how you can enter tasks in ms project, Question 1 In order to inc...

Question 1 In order to include the cost aspects in the project scheduling, it is very much essential to first define the cost-duration relationships for various activities in the

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd