21 Essential Rules for Negotiators
Negotiation affects all areas of life let alone all areas of business. Whether you deal with high value negotiations as part of your job or you simply want to improve the way you negotiate with colleagues and clients in your daily interactions, the following negotiation rules will help you achieve your goals.
To be a good negotiator you need to prepare well, be a great listener, be able to control your emotions, be able to both analyse problems and get to the heart of the matter as well as be able to collaborate and develop effective solutions.
In addition, following these 21 essential rules or guidelines will support your efforts massively
- Listen more than you talk
- Build rapport through everything you say and do
- Ask positive questions
- Seek explanations
- Summarise your understanding frequently
- Signal a willingness to give ground
- Get signals of their willingness to move
- Be open to and explore the suggestions of others
- Observe everything that happens
- Record every concession, real or suggested
- Recognise and handle objections
- Keep everything you “offer” as conditional
- Keep to your plan for as long as possible
- Make your proposals tentative
- Make your demands firm
- Watch body language, yours and theirs
- Take nothing personally
- Keep cool overall and only get passionate about “what” not “who”
- Use tactics sparingly
- Use closing techniques throughout
- Learn to handle funny money
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