SlideShare a Scribd company logo
1 of 30
PRESENTS
Module On Negotiation Skills
              At
Delhi University, North Campus
CONCEPTUALIZED BY

Prof. S.C Kapoor
Mr. Gaurav Vashisht
      INSPIRATION
      All our clients, students and keen
                  participants
Everybody Negotiates
Negotiating Skills
Building good
relationships improves
your ability to make
collaborative decisions,
to better understand the
other side and boost your
efficiency. Don't be put
off by regional or cultural
differences when sitting
down to negotiate.
What Is Negotiation?
     Negotiation is the process of securing an agreement
    between parties with different needs and goals, but
    each having something to offer the other, and each
    benefiting from establishing an agreement, though
    the balance of power can be dependent upon
    whether one party's need is significantly greater than
    the other. In such a scenario the choice is to take
    advantage or exercise great diplomatic skill.
  Empathy, sensitivity, neutrality, objectivity are
   characteristics of good negotiators.
Cardinal Rule for Negotiation

    The key to negotiating is figuring out what the
    other party wants.

    Everything else will come together after the
    essentials are named.
Qualities of a Good
Negotiator

  1.   A good talker
  2.   A good listener
  3.   A man of patience
  4.   Has a right attitude towards Unions
  5.   Build a reputation of being fair but firm
  6.   Understanding
  7.   Not too critical
STAGES IN NEGOTIATION
NEGOTIATION PREPARATION

  1.
NEGOTIATION

 A. THE INITIAL STAGE

      Take in more information than you give out
       during the initial negotiation stage.
      Never start with your bottom line (MAR)
      This is the time for pleasantries
      Get to know the other side
NEGOTIATION
 1. Know the Negotiator
          Your job is to find out what their MAR is
          Nonverbal behavior means something, but they
           mean different things to different people
          Always follow up on perceptions of discomfort,
           incongruence, anger or disgust
          Be aware that you are sending out non-verbal
           messages as well

 1. Learn about the other person’s underlying needs,
        restrictions and flexibilities

 2. Ask questions like “why is that important to you?”
NEGOTIATIONS
 4. Learn about the other person’s method of
      processing information & use that in your
      negotiation communications
        Visual: hand gestures in front of face, “I see
         what you mean”, “I get the picture”, etc.
        Audio: gestures at waist level, “I hear you”,
         “Listen up”, “I’ve told you 100 times” etc.
        Kinesics: Large hand gestures associated with
         different body parts. “I feel uncomfortable with
         that”, “I’m skeptical” “what were you thinking?”,
         “cool”, “excellent”
NEGOTIATIONS

 5. If you can get to know the “whys” of your
      opponent’s position, you might be able to solve
      the problem in a manner that neither of you had
      thought about before without giving up anything
      that you want.
 6.   Knowing the why’s gives you the opportunity to
      become a creative negotiator and problem
      solver.
Communication Techniques
  1) Listening Responses

       Clarification – by “kill”, do you mean the entire project or just
        portions that are important to you?
       Paraphrase – It sounds like the scope of work you proposed
        can’t be done for the amount of money allocated to direct costs.
       Reflection – You are feeling frustrated and believe the University
        is taking advantage of your hard work.
       Summarization – If the University pays for its overhead costs out
        of your project, you won’t be able to do the whole thing, this
        sounds really frustrating.
       Empathy - There never seems to be enough resources to go
        around, and you are frustrated by this.
Communication Techniques
2) ACTION RESPONSES

     Open-ended probe- “kill it?”
     Closed probe – Are you saying, you will reject the entire award if
      you don’t get a waiver?
     Confrontation – I’m confused, you said the entire project would be
      shut down, but I heard you might be going after supplemental
      funds from a different agency to cover some of the project tasks.
     Interpretation –I’m wondering if requesting a waiver is the best way
      to go about getting resources for your project.
     Information giving- I’ve seen very successful programs that start
      out smaller and then build up as resources become available.
     Instructions – Your request doesn’t fall into our waiver policy
      requirements so, Let’s do a keyword search in x database to see if
      we can come up with more resources for your project.
Communication Techniques
3) Sharing Responses
     Self-Disclosure – I know how you feel. With energy
      prices going up all the time, I cringe every time I have
      to write a check out to the power company to heat
      my house. I’d much rather spend the money on
      something I enjoy doing.
     Immediacy – When you say that, in that way, you
      sound like this is a life or death situation for you.
     Reinforcement – You are one of our most successful
      researchers. If anyone can get additional funding
      from the sponsor to cover the full costs of this
      project, it would be you.
Communication Techniques
4) VERBAL JUDO
      Block the Opponent by finding the truth in their statement and
       agreeing with it
       I agree, F&A can be a real pain to pay when you have
          something important to accomplish
      Disarm the Opponent by complimenting them on something
       (until they are disarmed, they will not listen to you)
       I’m so glad you came to talk to me about this, not everyone
          is as open as you are to discussing allocations of
          University resources. I really value your opinion.
      Follow up with your attack – Educate them about what you
       want and why
       You know, F&A is really important, not just to the
          University, but to you and your project as well. Let me
          explain . . .
NEGOTIATIONS
B. Final Stage

1. Summarize what each party has agreed to
2. Identify who will take what action
    - ALWAYS volunteer to write the new contractual
       language
1. Finalize any negotiated contentious points in writing
2. Spell out the timeframe for the parties to act (I’ll get the
   language to you by Tuesday next week and we expect
   a check by Thursday).
3. If oral or phone negotiations, follow up with a written e-
   mail or letter summarizing your agreements and send
   off asap.
NEGOTIATION STYLES

 1) COMPETETIVE NEGOTIATORS
     Hard line “take it or leave it”
     Set up deadlines (that aren’t really deadlines)
     High expectations of end results (beware of
      making demands that are not justifiable – you
      lose credibility)
     Difficult to make concessions
     Will take advantage of another’s perceived
      weakness or lack of credibility
     Sees negotiation process as a battle to be won
NEGOTIATION STYLES
2) COOPERATIVE NEGOTIATORS

    Primary goal is to get the deal done rather than
     risk losing the deal entirely
    Find creative methods of meeting the other
     side’s needs
    Tend to score higher on the “likeability” scale
    Relationship more important than the bottom line
    Avoidance of win-lose scenarios
    See negotiation as a problem to be solved
NEGOTIATION STYLES
3) COOPERATIVE OR COMPETITIVE?
     Research shows that competitive negotiators
     generally end up with better results
    Cooperative negotiation works only if both sides
     are using the same approach
    One method usually works better for you as an
     individual
    Competitive does not necessarily mean “abrasive”
    Be aware of the competitive negotiator wearing
     cooperative clothing
NEGOTIATION METHOD
Which Negotiation method is best?
     Face to Face
        Able to read gestures, body language (may not mean what
         you think it means), usually results in quicker results
     Telephone:
        Good for Audio processors, can hear inflection, tone. Allows
         you to create your own image of the other party
     E-mail:
        Avoidance of the intimidation factor in negotiations, better for
         Visual processors, allows for a written history of negotiations
         – allows the other side more time to think about propositions
         – tone can’t be ascertained
     Snail Mail
        For more formal situations or to document other
         communications or when delay is used as a negotiation
         tactic
Even if you’re on the
 right track, you’ll get run
 over if you just sit there.

           Arthur Godfrey
Do’s for Negotiator
1.   Listen
2.   Be sensitive
3.   Disagree on a positive note
4.   Acknowledge others’ contributions
5.   Have a total plan
6.   Be calm and composed
7.   Be sure you have all the facts
A bad deal is far worse
     than no deal
Don’ts for Negotiator
1. Don’t be in a hurry
2. Don’t underestimate others
3. Don’t embarrass other people
4. Don’t react unfavorably to your own
   mistakes
5. Don’t compromise on your objectives
6. Don’t oversell
You Get What You Negotiate,
Not What You Deserve
THANKS
You May Send In Your Responses At
        contact@trainbrain.in

        Follow us on FB At
www.facebook.com/pages/Train-Brain

More Related Content

What's hot (20)

Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Negotiating Skills
Negotiating SkillsNegotiating Skills
Negotiating Skills
 
Negotiation
NegotiationNegotiation
Negotiation
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Negotiation Skills
Negotiation SkillsNegotiation Skills
Negotiation Skills
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Building Negotiations Skills
Building Negotiations SkillsBuilding Negotiations Skills
Building Negotiations Skills
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Decision Making & Negotiating
Decision Making & NegotiatingDecision Making & Negotiating
Decision Making & Negotiating
 
What is negotiation
What is negotiationWhat is negotiation
What is negotiation
 
NEGOTIATION
NEGOTIATIONNEGOTIATION
NEGOTIATION
 
Batna
BatnaBatna
Batna
 
Negotiation Skills
Negotiation Skills Negotiation Skills
Negotiation Skills
 
Mediation
MediationMediation
Mediation
 
Negotiation
NegotiationNegotiation
Negotiation
 
Mastering negotiation skills pdf
Mastering negotiation skills pdfMastering negotiation skills pdf
Mastering negotiation skills pdf
 
Negotiation
NegotiationNegotiation
Negotiation
 
Integrative versus distributive negotiation
Integrative versus distributive negotiationIntegrative versus distributive negotiation
Integrative versus distributive negotiation
 
Negotiation
NegotiationNegotiation
Negotiation
 
Negotiation for Fun and Profit: A Practical Guide
Negotiation for Fun and Profit: A Practical GuideNegotiation for Fun and Profit: A Practical Guide
Negotiation for Fun and Profit: A Practical Guide
 

Similar to Negotiation skills

negotiationskills.pdf
negotiationskills.pdfnegotiationskills.pdf
negotiationskills.pdfEfendys
 
negotiationskills.pdf
negotiationskills.pdfnegotiationskills.pdf
negotiationskills.pdfEfendys
 
Negotiation foundation
Negotiation foundation Negotiation foundation
Negotiation foundation KelbySchwender
 
Negotiation getting to yes
Negotiation    getting to yesNegotiation    getting to yes
Negotiation getting to yesAman Tong
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skillsfluffy_fury
 
Negotiation Power Skills Applied in Library Services Management
Negotiation Power Skills Applied in Library Services ManagementNegotiation Power Skills Applied in Library Services Management
Negotiation Power Skills Applied in Library Services ManagementShirley Ingles-Cruz
 
Negotiationskills2
Negotiationskills2Negotiationskills2
Negotiationskills2bwn678
 
Getting to Yes! Negotiating Agreement Without Giving In - Summary - Memo
Getting to Yes! Negotiating Agreement Without Giving In - Summary - MemoGetting to Yes! Negotiating Agreement Without Giving In - Summary - Memo
Getting to Yes! Negotiating Agreement Without Giving In - Summary - MemoJustin Fenwick
 
Negotiation
NegotiationNegotiation
Negotiationimrohan1
 
Mediation Skills for Managers
Mediation Skills for ManagersMediation Skills for Managers
Mediation Skills for Managers4Good.org
 
Training and Developement
Training and DevelopementTraining and Developement
Training and DevelopementKashif Khaira
 
PHASES OF NEGOTIATION.pptx
PHASES OF NEGOTIATION.pptxPHASES OF NEGOTIATION.pptx
PHASES OF NEGOTIATION.pptxNavafBasheer
 
Negotiation pitfalls myths and misconceptions
Negotiation pitfalls myths and misconceptionsNegotiation pitfalls myths and misconceptions
Negotiation pitfalls myths and misconceptionsbenson sibanda
 
10 essential negotiating skills for hr managers
10 essential negotiating skills for hr managers10 essential negotiating skills for hr managers
10 essential negotiating skills for hr managersConfidential
 

Similar to Negotiation skills (20)

Effective Negotiation
Effective NegotiationEffective Negotiation
Effective Negotiation
 
negotiationskills.pdf
negotiationskills.pdfnegotiationskills.pdf
negotiationskills.pdf
 
negotiationskills.pdf
negotiationskills.pdfnegotiationskills.pdf
negotiationskills.pdf
 
4630789.ppt
4630789.ppt4630789.ppt
4630789.ppt
 
The Art of Negotiation
The Art of NegotiationThe Art of Negotiation
The Art of Negotiation
 
Negotiation foundation
Negotiation foundation Negotiation foundation
Negotiation foundation
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Negotiation getting to yes
Negotiation    getting to yesNegotiation    getting to yes
Negotiation getting to yes
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Negotiation Power Skills Applied in Library Services Management
Negotiation Power Skills Applied in Library Services ManagementNegotiation Power Skills Applied in Library Services Management
Negotiation Power Skills Applied in Library Services Management
 
Negotiationskills2
Negotiationskills2Negotiationskills2
Negotiationskills2
 
Getting to Yes! Negotiating Agreement Without Giving In - Summary - Memo
Getting to Yes! Negotiating Agreement Without Giving In - Summary - MemoGetting to Yes! Negotiating Agreement Without Giving In - Summary - Memo
Getting to Yes! Negotiating Agreement Without Giving In - Summary - Memo
 
Negotiation
NegotiationNegotiation
Negotiation
 
Negotiating and conflict management
Negotiating and conflict managementNegotiating and conflict management
Negotiating and conflict management
 
Mediation Skills for Managers
Mediation Skills for ManagersMediation Skills for Managers
Mediation Skills for Managers
 
Training and Developement
Training and DevelopementTraining and Developement
Training and Developement
 
PHASES OF NEGOTIATION.pptx
PHASES OF NEGOTIATION.pptxPHASES OF NEGOTIATION.pptx
PHASES OF NEGOTIATION.pptx
 
Negotiation pitfalls myths and misconceptions
Negotiation pitfalls myths and misconceptionsNegotiation pitfalls myths and misconceptions
Negotiation pitfalls myths and misconceptions
 
Communication
CommunicationCommunication
Communication
 
10 essential negotiating skills for hr managers
10 essential negotiating skills for hr managers10 essential negotiating skills for hr managers
10 essential negotiating skills for hr managers
 

Recently uploaded

APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 

Recently uploaded (20)

APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 

Negotiation skills

  • 1. PRESENTS Module On Negotiation Skills At Delhi University, North Campus
  • 2. CONCEPTUALIZED BY Prof. S.C Kapoor Mr. Gaurav Vashisht INSPIRATION All our clients, students and keen participants
  • 5. Building good relationships improves your ability to make collaborative decisions, to better understand the other side and boost your efficiency. Don't be put off by regional or cultural differences when sitting down to negotiate.
  • 6. What Is Negotiation? Negotiation is the process of securing an agreement between parties with different needs and goals, but each having something to offer the other, and each benefiting from establishing an agreement, though the balance of power can be dependent upon whether one party's need is significantly greater than the other. In such a scenario the choice is to take advantage or exercise great diplomatic skill. Empathy, sensitivity, neutrality, objectivity are characteristics of good negotiators.
  • 7. Cardinal Rule for Negotiation The key to negotiating is figuring out what the other party wants. Everything else will come together after the essentials are named.
  • 8. Qualities of a Good Negotiator 1. A good talker 2. A good listener 3. A man of patience 4. Has a right attitude towards Unions 5. Build a reputation of being fair but firm 6. Understanding 7. Not too critical
  • 11. NEGOTIATION A. THE INITIAL STAGE  Take in more information than you give out during the initial negotiation stage.  Never start with your bottom line (MAR)  This is the time for pleasantries  Get to know the other side
  • 12. NEGOTIATION 1. Know the Negotiator  Your job is to find out what their MAR is  Nonverbal behavior means something, but they mean different things to different people  Always follow up on perceptions of discomfort, incongruence, anger or disgust  Be aware that you are sending out non-verbal messages as well 1. Learn about the other person’s underlying needs, restrictions and flexibilities 2. Ask questions like “why is that important to you?”
  • 13. NEGOTIATIONS 4. Learn about the other person’s method of processing information & use that in your negotiation communications  Visual: hand gestures in front of face, “I see what you mean”, “I get the picture”, etc.  Audio: gestures at waist level, “I hear you”, “Listen up”, “I’ve told you 100 times” etc.  Kinesics: Large hand gestures associated with different body parts. “I feel uncomfortable with that”, “I’m skeptical” “what were you thinking?”, “cool”, “excellent”
  • 14. NEGOTIATIONS 5. If you can get to know the “whys” of your opponent’s position, you might be able to solve the problem in a manner that neither of you had thought about before without giving up anything that you want. 6. Knowing the why’s gives you the opportunity to become a creative negotiator and problem solver.
  • 15. Communication Techniques 1) Listening Responses  Clarification – by “kill”, do you mean the entire project or just portions that are important to you?  Paraphrase – It sounds like the scope of work you proposed can’t be done for the amount of money allocated to direct costs.  Reflection – You are feeling frustrated and believe the University is taking advantage of your hard work.  Summarization – If the University pays for its overhead costs out of your project, you won’t be able to do the whole thing, this sounds really frustrating.  Empathy - There never seems to be enough resources to go around, and you are frustrated by this.
  • 16. Communication Techniques 2) ACTION RESPONSES  Open-ended probe- “kill it?”  Closed probe – Are you saying, you will reject the entire award if you don’t get a waiver?  Confrontation – I’m confused, you said the entire project would be shut down, but I heard you might be going after supplemental funds from a different agency to cover some of the project tasks.  Interpretation –I’m wondering if requesting a waiver is the best way to go about getting resources for your project.  Information giving- I’ve seen very successful programs that start out smaller and then build up as resources become available.  Instructions – Your request doesn’t fall into our waiver policy requirements so, Let’s do a keyword search in x database to see if we can come up with more resources for your project.
  • 17. Communication Techniques 3) Sharing Responses  Self-Disclosure – I know how you feel. With energy prices going up all the time, I cringe every time I have to write a check out to the power company to heat my house. I’d much rather spend the money on something I enjoy doing.  Immediacy – When you say that, in that way, you sound like this is a life or death situation for you.  Reinforcement – You are one of our most successful researchers. If anyone can get additional funding from the sponsor to cover the full costs of this project, it would be you.
  • 18. Communication Techniques 4) VERBAL JUDO  Block the Opponent by finding the truth in their statement and agreeing with it  I agree, F&A can be a real pain to pay when you have something important to accomplish  Disarm the Opponent by complimenting them on something (until they are disarmed, they will not listen to you)  I’m so glad you came to talk to me about this, not everyone is as open as you are to discussing allocations of University resources. I really value your opinion.  Follow up with your attack – Educate them about what you want and why  You know, F&A is really important, not just to the University, but to you and your project as well. Let me explain . . .
  • 19. NEGOTIATIONS B. Final Stage 1. Summarize what each party has agreed to 2. Identify who will take what action - ALWAYS volunteer to write the new contractual language 1. Finalize any negotiated contentious points in writing 2. Spell out the timeframe for the parties to act (I’ll get the language to you by Tuesday next week and we expect a check by Thursday). 3. If oral or phone negotiations, follow up with a written e- mail or letter summarizing your agreements and send off asap.
  • 20. NEGOTIATION STYLES 1) COMPETETIVE NEGOTIATORS  Hard line “take it or leave it”  Set up deadlines (that aren’t really deadlines)  High expectations of end results (beware of making demands that are not justifiable – you lose credibility)  Difficult to make concessions  Will take advantage of another’s perceived weakness or lack of credibility  Sees negotiation process as a battle to be won
  • 21. NEGOTIATION STYLES 2) COOPERATIVE NEGOTIATORS  Primary goal is to get the deal done rather than risk losing the deal entirely  Find creative methods of meeting the other side’s needs  Tend to score higher on the “likeability” scale  Relationship more important than the bottom line  Avoidance of win-lose scenarios  See negotiation as a problem to be solved
  • 22. NEGOTIATION STYLES 3) COOPERATIVE OR COMPETITIVE?  Research shows that competitive negotiators generally end up with better results  Cooperative negotiation works only if both sides are using the same approach  One method usually works better for you as an individual  Competitive does not necessarily mean “abrasive”  Be aware of the competitive negotiator wearing cooperative clothing
  • 23. NEGOTIATION METHOD Which Negotiation method is best?  Face to Face  Able to read gestures, body language (may not mean what you think it means), usually results in quicker results  Telephone:  Good for Audio processors, can hear inflection, tone. Allows you to create your own image of the other party  E-mail:  Avoidance of the intimidation factor in negotiations, better for Visual processors, allows for a written history of negotiations – allows the other side more time to think about propositions – tone can’t be ascertained  Snail Mail  For more formal situations or to document other communications or when delay is used as a negotiation tactic
  • 24. Even if you’re on the right track, you’ll get run over if you just sit there. Arthur Godfrey
  • 25. Do’s for Negotiator 1. Listen 2. Be sensitive 3. Disagree on a positive note 4. Acknowledge others’ contributions 5. Have a total plan 6. Be calm and composed 7. Be sure you have all the facts
  • 26. A bad deal is far worse than no deal
  • 27. Don’ts for Negotiator 1. Don’t be in a hurry 2. Don’t underestimate others 3. Don’t embarrass other people 4. Don’t react unfavorably to your own mistakes 5. Don’t compromise on your objectives 6. Don’t oversell
  • 28. You Get What You Negotiate, Not What You Deserve
  • 30. You May Send In Your Responses At contact@trainbrain.in Follow us on FB At www.facebook.com/pages/Train-Brain