Negotiation Techniques Flashcards

(18 cards)

1
Q

What is negotiation and how common is it in daily life?

A

Negotiation is the process of resolving differences or reaching agreements. It occurs daily, from setting meeting times to deciding where to eat or which medicine to prescribe.

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2
Q

Provide examples of negotiation situations pharmacists may face.

A

-A pharmacy owner negotiates rent with a landlord.
- An employee pharmacist negotiates their work schedule.
-A clinical pharmacist negotiates with hospital staff for service adoption.
-A preceptor negotiates student participation in rounds.
-A director negotiates with a committee over formulary changes.

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3
Q

What are the phases of negotiation?

A
  1. Preparation – Define goals, gather facts, identify interests.
  2. Discussion – Present your case and understand the other party’s perspective.
  3. Clarification of Goals – Identify common ground and conflicts.
  4. Negotiation of Outcome – Propose options, make concessions, and seek win-win solutions.
  5. Agreement – Summarize terms and ensure mutual understanding.
  6. Implementation – Put the agreement into action and follow up if needed.
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4
Q

What is the best conflict resolution style for long-term relationships and why?

A

Collaborating, because it values both parties’ needs and helps build trust and mutual respect, leading to sustainable outcomes.

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5
Q

What are the five conflict resolution styles described in the notes?

A
  1. Avoiding – Withdrawing or ignoring the conflict.
  2. Accommodating – Giving in to others’ needs.
  3. Competing – Pursuing one’s own interest at the expense of others.
  4. Compromising – Each party gives up something.
  5. Collaborating – Finding a win-win solution that satisfies both parties.
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6
Q

What is the importance of preparation in negotiation?

A

Preparation allows you to clearly define your goals, understand the other party’s interests, and determine what you’re willing to concede. This leads to more confident and successful negotiations.

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7
Q
A
  • Do your homework (facts, data, objectives).
  • Understand both your and the other party’s interests.
  • Use clear and assertive communication.
  • Stay calm and respectful.
  • Be open to compromise but don’t concede key goals.
  • Build rapport and trust.
  • Know your alternatives (BATNA – Best Alternative To a Negotiated Agreement).
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8
Q

Why is knowing your BATNA important?

A

Your BATNA gives you leverage and confidence. It helps you walk away from bad deals because you know what your fallback option is if the negotiation fails.

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9
Q

How does emotional intelligence help during negotiation?

A

It helps you manage your emotions, read the emotions of others, remain calm under pressure, and maintain positive relationships during and after negotiation.

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10
Q

What are some common negotiation mistakes to avoid?

A
  • Entering without preparation.
  • Letting emotions control the process.
  • Talking too much and not listening.
  • Being inflexible.
  • Focusing on positions instead of interests.
  • Failing to define success criteria.
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11
Q

What are the three negotiation communication behaviour modes?

A
  • Passive (soft style, avoids conflict)
  • Aggressive (hard style, focused on winning)
  • Assertive (principled negotiation, balanced and respectful).
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12
Q

What is principled negotiation?

A

A negotiation style that balances assertiveness with cooperation through four steps: uncouple parties from the problem, target underlying concerns, develop joint solutions, apply objective standards.

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13
Q

What are the four steps of principled negotiation?

A
  1. Uncouple parties from the problem
  2. Target underlying concerns
  3. Develop joint solutions
  4. Apply objective standards
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14
Q

Why is “uncoupling parties from the problem” important in negotiations?

A

It helps preserve relationships by separating personal issues from the problem at hand.

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15
Q

How do you identify underlying concerns in negotiation?

A

Through self-reflection on essential vs. desirable outcomes and motivations behind goals.

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16
Q

What is the purpose of joint solution development in negotiation?

A

To brainstorm solutions together without criticism and ensure all parties’ concerns are addressed.

17
Q

What standards are applied in principled negotiation?

A

Objective standards (e.g., fair market value, legal precedent)

Personal standards (e.g., BATNA – Best Alternative to Negotiated Agreement)

18
Q

What are essential traits for successful negotiation?

A

Preparation, creativity, patience, active listening, and empathy.