Negotiation

#59 cost of negotiating

#59 The Cost Of Negotiating May Not Be A Cost At All

  In this blog I address the value and cost of negotiating in relation to the benefit of an agreement. You can ask yourself: Is the benefit of a potential agreement worth the cost of negotiating, i.e. your time, effort, and possible financial outlay? In other words, the benefit of agreement minus the cost of …

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Is Negotiation What You Think It Is?

#58 Is Negotiation What You Think It Is?

For many people the term ‘negotiation’ conjures up visions of trade deals and collective agreements. For others, ‘negotiation’ broadly includes two co-workers reaching a decision on which coffee shop to meet at. For me, a negotiation occurs when people are seeking an agreement and something is at stake for them. This notion includes an investment …

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#37 Alternatives To Mediation In The Workplace

In the previous blog I explained how having an alternative to negotiation is empowering. Here I am going to talk about alternatives to mediation. In the case of workplace conflict, I find that helping the parties to explore their alternatives to mediation is an effective preparation for mediation. Frequently the alternatives are not as secure …

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#36 How To Come Up With Your BATNA

In their groundbreaking book on negotiation, Getting to Yes, Fisher and Ury introduced the concept of Best Alternative To a Negotiated Agreement (BATNA). The authors present the BATNA, which is also applicable to conflict situations, as a more useful and powerful concept than having a ‘bottom line’. The bottom line is the worst deal that is still …

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#13 Preparing for Negotiation When There is Conflict

  In my previous blog I provided some questions that will help you prepare for any negotiation. The questions below are supplemental. They are additional preparatory questions to help you orient yourself and ground yourself when there are conflict dynamics in a negotiating relationship. These questions also deepen your preparation work. The questions below also function to …

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#12 Increase Your Power at Negotiation

  I am using the term ‘negotiation’ broadly, applying it to a wide variety of situations where groups or individuals are seeking an agreement. Central elements of a negotiation are similar whether it is a personal relationship, a business arrangement, or a diplomatic issue between nations. In all of these situations the parties have different …

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