Tips
for Powerful Negotiating
Rather than offer a typical textbook primer on the topic of negotiations,
I will rely upon the multi- faceted experiences of our TEC members
who have negotiated everything from union and employment contracts
to the sale of their businesses.
There are some well-traveled rules of the road that, if followed,
will help you avoid the peril of negotiation potholes. First,
during a negotiation, discipline yourself to ask "what" rather
than "why" type questions. The latter always provoke
an emotional response, something that you want to avoidlike the
flu during a negotiation episode.
Second, keep in mind that in any negotiation, there is always
a better "deal" than was apparent at the outset. This
requires patience and flexibility on your part. It requires thinking
about how to "enlarge" the pie, rather than "divide" the
pie.
Third, a good negotiation experience begins with education,
then negotiation and concludes with agreement. You can't do it
the other way around, but that's typically the approach taken.
The Florida vote count is a case in point. The two parties each
held steadfastly to their position as winners, andthen educated
the media regarding their respective interpretation of appropriate
legal mandates. All this did was to polarize the opposition and
lead to new attempts to educate.
Fourth, the most important tool you have available to you in
a negotiation is the use of questioning, and to the extent that
you can make this personal-about you-it's even better. Why? Because
as your opponent responds, if they disagree, they will have to
reject you. Most of us don't relish rejectinganother person,
but have little difficulty rejecting ideas or "issues."
Fifth, obey these rules of negotiation strategy:
The person who speaks first sets the tone for the negotiations.
The person who asks the most questions determines the content
and direction of the negotiations.
Never argue.
People always do things in negotiations for their reasons, not
yours.
The party that listens the most is, by far, the best negotiator.
Here's a fact. Most negotiations that fail do so because of negative
emotions and ego. How can you prevent going there? Well, a
practical rule of thumb (teachers know this by heart) is to
spend at least three hours preparing for each real hour in
negotiations. In other words, if you can stateyour opponent's
position more clearly than they can, you are on your way to
winning the negotiation.
Other negotiation tidbits, in no certain order:
Focus on what's right, not who's right.
Talk facts.
"
Dumb" is smart (i.e. "hello," sorry I'm slow).
Never negotiate with yourself.
Let time work on your side-don't be pushed by time.
Remember, if you don't do anything, you sweeten the pot.
There are three major conditions surrounding most negotiations
that can be anticipated in advance. First, it is important to
recognize that terms can vary all over the board. Second, negotiations
are always around a perceived scarce resource (i.e., is this
to or against your advantage?). And third,keep in mind that each
party has more to gain by negotiating than by not doing so.
Finally, let me put my old, dusty psychological hat. People
throw out "anchors" during a negotiation. These are
invisible points in space so to speak. These points deal with
assumptions being made, perceptions at the moment, and so on.
They are things to hang onto, whether realistic or not. If yousense
an anchor, you can disarm it by gently breaking it free. In short,
get real human, and this usually works to break an anchoring
stalemate.
Let me conclude by summarizing the three major conceptual tools
you have to work with before a negotiation and going through
one. First, information (the 3 to 1 rule). Second, time. And
third, the climate you establish and maintain during the negotiation
process.
I love the old story about a guy who was robbing someone at
gunpoint in the middle of a downtown parking lot." He said, "Mister,
I have a gun pointing at you in my pocket and I know you don't
have one in your pocket pointing at me. Mister, I have 5 seconds
to complete this transaction and I know you are on my time right
now. And Mister, if you don't hand over your wallet right now,
I can't guarantee you that you will have an opportunity to negotiate
about anything again."
Copyright 2001, article used with permission of the author.
Harry S. Dennis III is the president of The Executive Committee
in Wisconsin and Michigan. TEC is a professional development
group for CEOs, presidents and business owners. He can be reached
at 262-821-3340 or at hikduke@aol.com.
|