ArticlesBase.com - Free Articles Directory
Free Online Articles Directory
07.10.2008 Sign In Register Hello Guest
Email:
Password:
Remember Me 
forgot your password?


Deal or No Deal - How to Negotiation Anything

Author: Drew Stevens Author Ranking Bronze | Posted: 10-11-2007 | Comments: 0 | Views: 39 | Rating:  (51) Article Popularity - Blue (?) Got a Question? Ask.
Sign Up Now!

Everything in life is a compromise; everything in life is a negotiation. We all seem stifled by the word and implications that surround negotiating. Yet what most of us do not realize is that we have been negotiating since we were born. From the time we wanted a bottle or refused napping our education in negotiation began. In fact, research for this article illustrates that 43% of the American workforce changed jobs since 2006. And, the divorce rate in the United States hovers at over 53%.

However, we become increasingly befuddled by negotiation. We hold strong beliefs that negotiation is meant to be a battle. We begin negotiations on the defensive and seek to end them in a similar manner. The most vital idea to comprehend about negotiation is its definition. Negotiation is nothing more than an exchange of ideas and values between two or more parties with different interests. Conceptually negotiation is a communication and critical thinking exercise inducing creative problem solving. This article seeks to address ways in which you can negotiate and still move away with your credibility and friendships in tact.

The best concept for understanding negotiation is to indicate what it isn’t. We first need to debunk the myths.

Myth: Negotiation is about winning and losing.
The myth of win-lose is ancient. Validation of winning is not bequeathing more concessions than the other party. One simply needs to be concerned with the amount of take. This denotes loss.

Myth: Negotiation is about power
All people in a negotiation have power. If two sides are negotiating each as an equal amount of power, one desires something from the other. Yet negotiation is not so much about power, it is about honesty or lack thereof. Power stems from the side that enables it. Donald Trump by nature believes he has power due to wealth and notoriety, yet if he desires something from someone else the power shifts. The larger concern is not relinquishing power to the opposing side.

Myth: Negotiation is about chicanery
In reality, negotiation is about resolving an issue where both sides obtain equal value by amicably and honestly agreeing to terms. However, negotiation is similar to chess, strategies are used and sometimes held so that each party gains more than they requested. Rather than lie, most negotiators are honest, they simply do not fully disclose information.

Myth: All negotiations are about prices and are sales related
Nothing is further from the truth. Negotiations stem from all walks of life: from dating, to deciding upon a movie to noise decibels. Negotiating establishes boundaries and how far each side allows another within them.

Perhaps the most understood principle of negotiation is a requirement to plan. Most often, negotiations fail due to improper procedures, paperwork or misread issues. Planning is the first and vital step in every negotiation. Each party should strategize to define the motives of each side, goals that might be addressed, time frames and players. Research affirms that in 73% of most negotiators are unprepared. This step is vital to assist in moving forward. Good planning and comprehension help to avoid miscues and maintain proper and efficient conversation. Exemplars of good negotiation techniques are barely surprised by new information.

Negotiations are mixed motive situations. Each side arrives with a variety of goals and objectives- even timeframes. What appears urgent to one; is apathetic to another. It is imperative that issues be immediately addressed. Most importantly, the issues must be documented so all parties agree without a misunderstanding. A foppish issue should not resurface at a latter time. The more detailed the documentation the easier it becomes to facilitate conversation. Once agreed to, timetables should be established so as not to languish on any one issue.

Negotiation is information and relationship dependent. Information is crucial to negotiation. The data need be specific; it is easier to comprehend and complete issues. Typically a tactical ploy to assist concessions, most data is not displayed. Negotiators should then decifer the most imperative issues first do that all needed data is disclosed making for effective conversations. Coincidentally, conversations are more placid when parties are familiar with each other. Particular interest is implicitly displayed since familiarity with both parties shares a common interest- “saving face”. Dignity is a traditional process. Whether in business or amongst friends, all desire to maintain honor, especially with familiarity of the parties. As the cliché states familiarity breeds content; the more familiarity with someone the easier the negotiation!

Egos and Communication. Another crucial component for negotiation success is to check you baggage and your ego at the door. Good negotiators know they are purposeful and do not advertise their success. A negotiation is concerned with mutual agreement not wins and losses. Keeping egos in check helps alliances and other desired relationships.

Additionally, all negotiators need reminders for ears and eyes and not mouth. Too often negotiators tend to spoil alliances by speaking too much. Peter Drucker once stated, “Communication is often about what is not stated”. Listening enables all to understand issues, allow for issues that might go unstated and strategically enable the “opponent” to move first. The alliance builders understand the vitality of listening, it is a practiced art form.

Compromise, Commitment and Conclusion. Negotiation would not exist if not for the power and the reciprocity of compromise. Concessions enable negotiators to agree on small things to assist in declaring small victories. Accommodations negate foolish issues and streamline discussion. Once decided, agree to commitment and document so as not to rehash. Trivial details take time away from other important issues. It is more important to move forward then review unnecessary data. Once the issue is complete, move forward or conclude, it allows less time for pondering decisions.

To allay any fears of negotiating, it is best to align this business tactic with athletics, it is a learned format not born. Admittedly, there exist individuals that love to converse and banter yet negotiation is not an easy skill. It takes patience, persistence and proper listening to understand the issues. Negotiation is a part of everything we do in life, almost every day. It is a skill that combines crucial critical thinking, reciprocity, and professional communication. It is not easy to win friends and influence decisions in negotiation, yet if we understand motives, create a thorough plan and expect the unexpected, each negotiation we have becomes easier and more effective. Negotiation increases our perception, our patience and our resolve to maintain business relationships.

2007. Copyright Drew Stevens PhD. All Rights Reserved.

Rate this Article: Current: 0 / 5 stars - 0 vote(s).

Article Source: http://www.articlesbase.com/negotiation-articles/deal-or-no-deal-how-to-negotiation-anything-256536.html

Print this Article Print article   Email to a Friend Send to friend   Publish this Article on your Website Publish this Article   Send Author Feedback Author feedback  
Drew StevensAbout the Author:

About Drew Stevens PhD
Drew Stevens PhD is known as the Sales Strategist. Dr. Drew creates more revenues in less time. He is the author of seven books including Split Second Selling and Split Second Customer Service and Little Book of Hope and is frequently called on the media for his expertise. Sign up for Dr. Drew's newsletter The Sales Strategist at (drew3-143901@autocontactor.com) and review his new book Split Second Selling at www.gettingtothefinishline.com/products.asp Also visit Dr. Drew’s Blog located at http://drewjstevens.blogspot.

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Comment on this article Comment on this article
Your Name
Your Email:
Comment Body
Enter Validation Code: Captcha


Related Articles

Do You Need A 99cent Chicken Sandwich?
By: Bob Janet | 02/05/2007 | Marketing

Ask Questions And Get Rich
By: Bob Janet | 09/05/2007 | Marketing

5 Rules For Great Marketing
By: Andrew Pritchard | 05/12/2006 | Affiliate Programs
Affiliate related Articles, Affiliate programs allow Web sites who provide links to your site to receive payments or reciprocal advertising in exchange for promoting your Web site.

Shout It From The Rooftops
By: Bob Janet | 09/05/2007 | Marketing

The Four Things Every Employee Can Do To Increase Sales And Profits
By: Bob Janet | 04/04/2008 | Sales

Who's the First Person to Greet Your Customer?
By: Helen Robinson | 27/07/2006 | Business
Business Articles, learn about busines - An organization created with the objective of making a profit from the sale of goods or services.

Stop Giving It Away
By: Bob Janet | 09/05/2007 | Marketing

A Client Research Mistake That Cost a Small Business $10,000
By: Kim Schott | 13/05/2008 | Business
Business Articles, learn about busines - An organization created with the objective of making a profit from the sale of goods or services.

Got a Question? Ask.

Ask the community a question about this article:

Frequently Asked Questions

Is there a way to get a mailing list without ...
By: Carol Johnson | 13-09-2008
Is there a way to get a mailing list without buying on.  Is there a data base for a specific area to get addresses not names just addresses and zip codes  

What are positive and negative of market research ...
By: Novice A. Lewis | 13-09-2008
what are positive and negative of market research/ what are the  trends in research

I am in marketing,any business listings?
By: unique | 12-09-2008
I am  in marketing, I am tired of dealing with inaccurate contact info of companies. Are there any service to obtain accurate and updated contact information in less than a minute ?

Customer service
By: kats | 11-09-2008
what is a customer author unknown   i read a great quote by a unknown author that started as what is a customer and continued about how they aren't there to please us we are etc.. anyone know that?

Company information?
By: universalgal | 09-09-2008
Looking for information on a companies to sell into my business products. Where will I get Manager Level business contacts in any department at any company ?

Marketing plan for the olympics
By: TerGarOne | 08-09-2008
marketing plan for the olympics

Q&A Powered by:
Powered by Yedda 

Latest Negotiation Articles

How a Cost Management Coach Can Win Big Discounts
By: Arleen Kahn | 23/09/2008
This article is about the cost management services of AMK Associates, a New York based consulting firm.

How to Get Higher Credit Lines and More Financing
By: Ilya Bodner | 21/09/2008
Lenders make all financing decisions based on the risk involved. The longevity of the business, location, industry, size of the company, and business credit are just some of the risks that a lender evaluates before writing a business loan. One of the greatest risks considered is available credit.

Negotiating With Emotions
By: Dr. Chester Karrass | 10/09/2008
Emotions play a powerful role in negotiating because people find it difficult to tolerate unexpected outbursts. When the other party lets loose, we find it hard to cope.

Contracts With Transportation Companies
By: Eugene Smith | 05/09/2008
Contract is the agreement between two or more persons, which establishes, modifies or forfeits their rights and duties. In civil law it is used to consider that contracts a variety of transactions. Rules of multilateral and bilateral transactions are applied to contracts.

The Secrets That Negotiator Won't Tell You - Part 1
By: TK Chan | 04/09/2008
Wonder why most people on this planet fear negotiation? Is it a myth ? Are you one of those who wants to make tons of money but may fear the risk of losing it at the deal? Do you want to know how and why you deserve to negotiate better and more? Let me share with you the real secrets that most negotiators won't or don't tell you....

Lyons & Wolivar, Inc. (l&w Investigations) to Teams Up With Smith & Brink at Iasiu Expo
By: Steve Dubin | 30/08/2008
L&W Investigations, the foremost private investigations company specializing in insurance fraud, will team up with Smith & Brink, P.C. to host a client appreciation day on September 8 during the International Association of Special Investigation Units’ (IASIU) Seminar & Expo on Insurance Fraud at the Atlanta Marriott Marquis in Atlanta. Smith & Brink, P.C. is a regional law firm—its offices are across New England and in New York and Pennsylvania—specializing in the insurance defense industry.

Negotiating Starts With Assumptions
By: Dr. Chester Karrass | 27/08/2008
KARRASS Effective Negotiating® Tip Negotiating Starts with Assumptions by Dr. Chester L. Karrass Most negotiations start with both sides having a set of assumptions regarding what the other side wants, needs, or are able to do, or not do. One of the purposes of the negotiating process is to discover if your assumptions are valid.

How to Negotiate Prices With Any Seller… and Get the Lowest Prices Possible!
By: Michael Lee | 25/08/2008
One of the best things about shopping in flea markets and stalls is that you can actually haggle with the vendors. As long as you know how to negotiate prices, you’ll be able to make the most of your hard-earned money.

More from Drew Stevens

Divorce Your Clients
By: Drew Stevens | 04/10/2008 | Business
Perhaps it is time to review client margins. Simply put if clients are an expense and your business is not making profit, terminate them. Businesses terminate employees if unproductive, why not clients?

You are Fired..using Sales Skills for Your Next Job
By: Drew Stevens | 04/10/2008 | Business
Unemployment is up and this is not time for that faint of heart. The key to your job hunting success is to use existing selling skills to find your next emplooyer.

Cures for Medical Practitioners
By: Drew Stevens | 30/09/2008 | Business
Medical practitioners are in business just like others. They too require sales and marketing assistance to grow their practice. Dr. Drew provides some cures for those ailing practices.

How to Increase Morale at Work
By: Drew Stevens | 27/09/2008 | Business
The morale issue is a headache for both managers and employees. Discover some techniques to alleviate the most severe issues.

The Reasons Why Sales People Get Exasperated
By: Drew Stevens | 04/09/2008 | Business
Selling professionals can get perturbed like any other professional. Here are some of the top issues that exasperate selling professionals.

Sales Techniques That Assist in Selling to Generation Y
By: Drew Stevens | 08/08/2008 | Business
There is one area where the selling professional can achieve more effectiveness by trends and social issues. One of the largest yet daunting areas of research today relates to the Millennials or aptly called Generation Y.

10 Tips on the Issues With Selling Professionals
By: Drew Stevens | 26/07/2008 | Business
The world of professional selling is rich with information related to selling skills, sales training and techniques to assist professionals. However, after much rhetoric and information I am finding something completely different...a problem with selling professionals.

Customer Service Toolkit
By: Drew Stevens | 25/07/2008 | Business
All businesses make money, yet those that are customer focused are more profitable.

Article Categories






Give Feedback

Sign up for our email newsletter

Receive updates, enter your email below