The Art of Negotiating: T. Sivasankaran
The Art of Negotiating: T. Sivasankaran
The Art of Negotiating: T. Sivasankaran
T. Sivasankaran
Advesh Consultancy Services
Chennai India
tss@advesh.com
Mobile: 09790971951
Skill
K n owledge
A w areness
BATNA
RESERVATION PRICE
ZOPA
Best
Alternative
To a
N egotiated
Agreement
Be ready to walk
Developed
by
Roger Fisher
and
William Ury
Reservation Price
is
the least favourable point
at which
one will accept
a deal
Sellers Buyers
Expectation Expectation
DISTRIBUTIVE NEGOTIATION
INTEGRATIVE NEGOTIATION
Phase 2: Interacting
Phase 3:Agreement
Closing Preparation
Bargaining Opening
Understanding
one’s own position
and
interests of the other party or parties
the issues at stake,
and
alternative solutions.
The Art of Negotiating
12/03/09 Advesh Consultancy Services 25
PREPARATION
1. Consider What agood outcome would be
for you and the other side.
Strength or Power
Offer incentives
Mobilise Support
Characteristics:
Meeting half way
Look for trade offs
AVOID Accept half-way measures D EFEA T
Take whatever you can get/Inaction
Be a winner at any cost/Competitive
Aims to reduce conflict rather than problem solve
Characteristics:
synergistically Characteristics:
Feeling of powerlessness Win-Lose competition
Indifference to the result
Pressure/Intimidation
Resignation, surrender
Adversarial relationships
Take what the other party is willing to
Defeating the other becomes a goal for the
concede
negotiator
Withdraw & remove = behaviour of
negotiator
C O N C E R N FOR SU B ST AN C E
LO W H IG H
in the inside
shows
on the outside
Be Prepared to Concede
Begin with those of Low
Priority and seek High
Priority Items
Never Concede on More
than possible by your
Brief
Use your Concessions
Wisely
Don’t just give these away
expect and receive
something in return