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Four Rules For
 An Effective
 Negotiation
Introduction

• We would like to
  share four interesting
  points that could help
  you to achieve a
  more productive
  negotiation.
The
   Background Homework

• Before any negotiation
  begins, understand the
  interests and positions of
  the other side relative to
  your own interests and
  positions.
The
  Background Homework

• Put these points
  down and spend
  time in advance
  seeing things
  from the other
  side.
During the Process:
    Don't Negotiate Against
           Yourself.
• This is especially true if you
  don't fully know the position of
  the other side.
• Much is learned about what
  the other side really wants
  during the actual negotiation
  process.
During the Process:
      Don't Negotiate Against
             Yourself.
• Stay firm on your initial set
  of positions and explain
  your rationale but don't
  give in too early on the
  points.
• Wait to better understand
  which points are more
  important to the other side.
The Stalemate

• There will often come a point
  in a negotiation where it feels
  like there is zero room for
  either side to budge.
• Two sides are stuck on their
  positions and may have lost
  sight of the overall goals of
  the negotiation.
The Stalemate

• Emotion may have
  overtaken logic at this point.
• If you recognize that you've
  reached this point, see if you
  can give in to the other side
  on their issue in exchange
  for an unrelated point that is
  relatively more important to
  you.
To Close or
              Not To Close
• An important golden rule of
  negotiation is to let someone else
  walk away.
• Whether you drive too hard a
  bargain, cannot reconcile on key
  terms, or feel that the deal is just
  too rich for your blood, make the
  offer you want and let the other
  side walk if they don't want it.
To Close or
              Not To Close
• This is not to say to be
  offensive or to low ball, but
  rather to be honest,
  straightforward on what you
  are willing to do and explain
  that you understand if it
  does not work for them and
  that it is the best you can
  do.
Lico Reis Consultoria
          & Línguas
           Roberto Lico Reis
        Feel free to send us suggestions
            about new presentations,
that can help you to face your life or professional
                   challenges.

                   www.licoreis.com
                licoreis@licoreis.com
            E-books: www.migre.me/oQ5
            Linkedin: www.migre.me/1d9r
                   Twitter: @licoreis

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Four Rules for Effective Negotiations

  • 1. Four Rules For An Effective Negotiation
  • 2. Introduction • We would like to share four interesting points that could help you to achieve a more productive negotiation.
  • 3. The Background Homework • Before any negotiation begins, understand the interests and positions of the other side relative to your own interests and positions.
  • 4. The Background Homework • Put these points down and spend time in advance seeing things from the other side.
  • 5. During the Process: Don't Negotiate Against Yourself. • This is especially true if you don't fully know the position of the other side. • Much is learned about what the other side really wants during the actual negotiation process.
  • 6. During the Process: Don't Negotiate Against Yourself. • Stay firm on your initial set of positions and explain your rationale but don't give in too early on the points. • Wait to better understand which points are more important to the other side.
  • 7. The Stalemate • There will often come a point in a negotiation where it feels like there is zero room for either side to budge. • Two sides are stuck on their positions and may have lost sight of the overall goals of the negotiation.
  • 8. The Stalemate • Emotion may have overtaken logic at this point. • If you recognize that you've reached this point, see if you can give in to the other side on their issue in exchange for an unrelated point that is relatively more important to you.
  • 9. To Close or Not To Close • An important golden rule of negotiation is to let someone else walk away. • Whether you drive too hard a bargain, cannot reconcile on key terms, or feel that the deal is just too rich for your blood, make the offer you want and let the other side walk if they don't want it.
  • 10. To Close or Not To Close • This is not to say to be offensive or to low ball, but rather to be honest, straightforward on what you are willing to do and explain that you understand if it does not work for them and that it is the best you can do.
  • 11. Lico Reis Consultoria & Línguas Roberto Lico Reis Feel free to send us suggestions about new presentations, that can help you to face your life or professional challenges. www.licoreis.com licoreis@licoreis.com E-books: www.migre.me/oQ5 Linkedin: www.migre.me/1d9r Twitter: @licoreis