Flashcards in Theories of negotiation and the role of effective communication and negotiation Deck (9)
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1
What do good negotiation skills include?
o an ability to set goals and limits;
o emotional control;
o excellent listening skills;
o excellent verbal communication skills;
o knowledge of when and how to close the negotiation.
2
What are the TWO categories of negotiation?
Competitive negotiation
Collaborative negotiation
3
What is COMPETITIVE negotiation?
Implies getting best deal regardless of needs and interests of the other party
Can become a battle where winner takes all
Should be avoided but may not always be possible
4
What is COLLABORATIVE negotiation?
Seeks to create a ‘win-win’ scenario where all parties involved get part or all of what they were looking for from the negotiation
Approach tends to produce best results, helps build long-term relationships and minimises opportunity for conflict
5
What are the SIX phases of negotiation?
1. Planning: prepare by gathering as much info as possible. Set goals and ensure they accord with agreed tolerances
2. Discussing: open negotiations by setting the scene, then explore and discuss key issues.
3. Proposing: Make a proposal. Communicate clearly and openly
4. Bargaining: Be prepared for trade-offs;
5. Agreement: take a written record;
6. Review: outcome needs to be communicated to all parties and the consequences incorporated within the management plan
6
Talk me through how you would go about negotiating something?
Firstly, I would prepare as understanding the other party’s points fully is critical
Secondly, I would pre-determine what I can afford to give away, know my bottom line
Focus on the bigger picture, don’t get stuck on one item
Try to negotiate a win/win situation
Never accept the first offer
Finally, I would negotiate the small deals before the big ones
7
How would you prepare for a negotiation?
I will always familiarise myself before the negotiation with what is being negotiated
This will allow me to better understand my own argument, help me to pre-empt their argument/responses and allow me to better portray my point
8
What is communication?
The means by which information or instructions are exchanged
Successful communication occurs when the received meaning is the same as the transmitted meaning
9