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Subject:
What are the most fundamental rules of negotiating?
Category: Miscellaneous Asked by: severisth-ga List Price: $5.00 |
Posted:
08 Apr 2005 15:38 PDT
Expires: 08 May 2005 15:38 PDT Question ID: 506957 |
I've heard a few negotiating tips in passing, and have found them tremendously useful. My favorite is "Always get the other guy to state the first number". This holds true, I can't count the number of times someone has given me a number that was way better than what I would have expected. What are some other one-line fundamentals/tips to negotiating? |
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Subject:
Re: What are the most fundamental rules of negotiating?
Answered By: easterangel-ga on 08 Apr 2005 17:58 PDT |
Hi again and thanks for another question. Since different people view negotiation strategies differently it would be good to get various perspectives. Here are some articles discussing different negotiation tips. ?Fundamentals of Negotiating? http://rcm.meetingsnet.com/ar/meetings_fundamentals_negotiating/ ?Basic Negotiating Tips? http://www.work911.com/articles/negotiate.htm ?Negotiation Tips? http://www.bbraham.com/html/negotiation.html ?CareerWomen.com ?10 Negotiation Tips From Women in the Trenches? Revealed? http://www.careerexposure.com/pr_Negotiation_Tips.jsp ?The Art of Business: Learn to Love Negotiating? http://www.creativepro.com/story/feature/17093.html ?Negotiation Tips for Startups? http://www.entrepreneur.com/article/0,4621,320642,00.html ?Contract Drafting and Negotiating Tips? http://smallbusiness.yahoo.com/resources/article.php?mcid=1&scid=11&aid=264 ?Bargaining Tips? http://www.1000ventures.com/business_guide/crosscuttings/negotiations_tips.html ?Tips for Avoiding Misunderstandings When Negotiating Cross-Border Deals? http://hbswk.hbs.edu/item.jhtml?id=3401&t=negotiation ?Win-Win Negotiation Tips? http://www.government-grants-101.com/negotiation-tips.htm ?Hangin' Tough? http://www.entrepreneur.com/article/0,4621,316419,00.html Search terms used: Fundamentals of negotiaion business negotiating negotiation tips I hope these links would help you in your research. Before rating this answer, please ask for a clarification if you have a question or if you would need further information. Thanks for visiting us. Regards, Easterangel-ga Google Answers Researcher |
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Subject:
Re: What are the most fundamental rules of negotiating?
From: bozo99-ga on 08 Apr 2005 16:22 PDT |
Have an alternative plan that doesn't involve cooperating with the other guy. If pressed for a decision say you have to consult your boss. Switch the discussion between different topics of interest. |
Subject:
Re: What are the most fundamental rules of negotiating?
From: tviren-ga on 08 Apr 2005 16:30 PDT |
Try to know your opponent's time table. That is when does he have to complete negotiation. That way you will know when he has given you his true best offer. |
Subject:
Re: What are the most fundamental rules of negotiating?
From: severisth-ga on 08 Apr 2005 17:33 PDT |
Those are great! These two make sense: "If pressed for a decision say you have to consult your boss." "Try to know your opponent's time table." bozo99, what are the benefits to following these tips? Could you elaborate? "Have an alternative plan that doesn't involve cooperating with the other guy." "Switch the discussion between different topics of interest." |
Subject:
Re: What are the most fundamental rules of negotiating?
From: capitaineformidable-ga on 09 Apr 2005 00:01 PDT |
Sometimes the mere act of negotiating can be an object in itself without advantage to either party other than maintaining the present status quo. Such cases would be acts of ?line drawing? where one party effectively says ?So far and no further, what you are doing now is acceptable but be careful because I?m not here to be taken advantage of, so explain yourself and what you are up to and lets make sure you don?t go too far?. In other words, let?s decide the line is where it is now. |
Subject:
Re: What are the most fundamental rules of negotiating?
From: crythias-ga on 09 Apr 2005 10:22 PDT |
Gee, and I thought the most fundamental rule of negotiating is to know your own limits, and then what your wiggle room is on that. Everything else is good advice, but knowing in advance your own limits of what you can give (authority AND quantity) and what you will accept in the process is essentially the whole point, isn't it? (And, of course, these limits are not to be divulged to the other party.) I like getting the other number first. I would admit that pulling "I have to talk with my boss about it" is rather lame unless that is established somehow upfront. Know your perceived value of the result. It doesn't matter that it may be more costly than others can provide it. If it's what you are willing to give/do for it, within your limits, you've accomplished your goal. Free comment. |
Subject:
Re: What are the most fundamental rules of negotiating?
From: bozo99-ga on 09 Apr 2005 21:11 PDT |
> "Have an alternative plan that doesn't involve cooperating with the other guy." e.g. in seeking a pay rise in my current job my alternative plans involve job applications at other places. > "Switch the discussion between different topics of interest." Often there's more than one thing being discussed: e.g. the price to pay for a house, what furniture is included and the completion date. Rather than let discusion get too heated on one point move onto another. Salesmen know the importance of the "consult your boss" idea and usually insist on visiting when both husband and wife are present. You can deny them this. |
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