SlideShare a Scribd company logo
1 of 7
Download to read offline
Top 5 Negotiation Skills You Must
Learn to Succeed
2
Top 5 Negotiation Skills You Must Learn to Succeed
Top 5 Negotiation Skills You Must Learn to Succeed
• Your ability to negotiate is important to keep you on the winning side. Negotiation skills are vital to
achieving your objectives, reaching agreements, getting along with people and ultimately being more
successful in what you do. Most importantly, your negotiation skills can help prevent conflict from
escalating, thereby saving organizations the trouble of having to deal with conflicts and disputes in the
long term.
• In any organization, it's important to have leaders who have strong negotiation skills. If you want to be
one, here are some of the most important negotiation skills you must learn to succeed.
3
Top 5 Negotiation Skills You Must Learn to Succeed
1. Communication skill
• This is a critical skill that every negotiator should possess. To be a negotiation expert, you need to have the
ability to clearly communicate what you are hoping to achieve at the negotiation table. It lets you participate in
a civil discussion with the other party toward achieving an agreeable outcome.
• It's impossible to come up with a deal if parties are arguing instead of negotiating. There has to be a give or
take. With this in mind, you should know how to listen and articulate your thoughts while considering what the
other party has to say.
• In negotiation, it's important that you clearly communicate your viewpoints, preferences and perspectives
civilly and be able to persuade the other party of their convictions. You won't be able to do these things if you
don't have strong communication skills.
4
Top 5 Negotiation Skills You Must Learn to Succeed
2. Emotional Intelligence
• Your emotions can significantly impact the overall outcome of a negotiation. What's important is not to let your
emotions get in the way of coming up with a deal that is mutually beneficial to the parties involved.
• For instance, your positive emotions could significantly increase your feelings of trust at the bargaining table,
which in turn could have a positive and negative effect on you. On the other hand, negative emotions such as
nervousness could also impact how you articulate your ideas.
• To be a good negotiator, you need a high degree of emotional intelligence to read the emotions of the person on
the other end of the negotiation table. This allows you to easily pick up what they are implying even if they don't
explicitly say it.
5
Top 5 Negotiation Skills You Must Learn to Succeed
3. Planning skill
• Planning your strategy with a clear vision of what you hope to achieve is essential to the success of your
negotiation. Without proper planning, you could overlook important aspects of the deal.
• When planning, you need to consider your zone of possible agreement (ZOPA) also known as a bargaining zone.
This is the zone where both parties can find common ground. A positive ZOPA is present if both parties agree to
overlap while a negative ZOPA exists when no one wants to compromise and the terms don't overlap.
• In the planning stage, you also need to understand the best alternative to a negotiated agreement (BATNA). If
your negotiation falls on a negative ZOPA, your BATNA serves as your alternative plan if the negotiation is not
successful. Knowing your BATNA while still in the planning stage ensures that you have a backup plan to avoid
going home empty-handed.
6
Top 5 Negotiation Skills You Must Learn to Succeed
4. Value-creation skill
• This skill is one of the most powerful skills that you need to possess to be an effective negotiator.
Simply put, in every negotiation, each party would want a bigger slice of the pie.
• Your value-creation skill allows you to think of an idea of how to grow the pie instead of how to grow
the slice you can take. With a bigger pie, each party can get more value.
7
Top 5 Negotiation Skills You Must Learn to Succeed
5. Strategic skill
• A good negotiator should also have a clear understanding of the different negotiation tactics.
• Knowing the different negotiation methods and identifying what works and what will not under the
situation help you plan a strategy that would result in a favorable outcome.
• If you want to develop your negotiation skills, Change Works can help you. We have a program
designed to master the art of negotiation that is essential for your business success and for
developing meaningful relationships.

More Related Content

Similar to Top 5 Negotiation Skills You Must Learn to Succeed

LESSON-3-PRACTICING-AND-DEVELOPING-NEGOTIATIONS.pptx
LESSON-3-PRACTICING-AND-DEVELOPING-NEGOTIATIONS.pptxLESSON-3-PRACTICING-AND-DEVELOPING-NEGOTIATIONS.pptx
LESSON-3-PRACTICING-AND-DEVELOPING-NEGOTIATIONS.pptxRodJohnCastro1
 
Need For Saying No in Agile Negotiation
Need For Saying No in Agile NegotiationNeed For Saying No in Agile Negotiation
Need For Saying No in Agile NegotiationAdvance Agility
 
Building Negotiations Skills
Building Negotiations SkillsBuilding Negotiations Skills
Building Negotiations SkillsAlimakki
 
Negotiation foundation
Negotiation foundation Negotiation foundation
Negotiation foundation KelbySchwender
 
Presentation- Negotiation, NKT
Presentation- Negotiation, NKTPresentation- Negotiation, NKT
Presentation- Negotiation, NKTNAKENTOH Kenneth
 
Enterprise Chapter 10 Negotiation.pptx
Enterprise Chapter 10 Negotiation.pptxEnterprise Chapter 10 Negotiation.pptx
Enterprise Chapter 10 Negotiation.pptxSelinaAviana
 
Negotiation skills-basics
Negotiation skills-basicsNegotiation skills-basics
Negotiation skills-basicsAnkush Bharanta
 
International business negotiations
International business negotiationsInternational business negotiations
International business negotiationsMalik Awan
 
Art of negotiations 1
Art of negotiations 1Art of negotiations 1
Art of negotiations 1pasicUganda
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skillsMekhaShaji
 
Negotiation Skills Course (Workbook)
Negotiation Skills Course (Workbook)Negotiation Skills Course (Workbook)
Negotiation Skills Course (Workbook)Mahmoud
 
Mastering the Art of Sales Negotiation Tips and Techniques from a Spotify Sal...
Mastering the Art of Sales Negotiation Tips and Techniques from a Spotify Sal...Mastering the Art of Sales Negotiation Tips and Techniques from a Spotify Sal...
Mastering the Art of Sales Negotiation Tips and Techniques from a Spotify Sal...Brian Berner
 

Similar to Top 5 Negotiation Skills You Must Learn to Succeed (20)

LESSON-3-PRACTICING-AND-DEVELOPING-NEGOTIATIONS.pptx
LESSON-3-PRACTICING-AND-DEVELOPING-NEGOTIATIONS.pptxLESSON-3-PRACTICING-AND-DEVELOPING-NEGOTIATIONS.pptx
LESSON-3-PRACTICING-AND-DEVELOPING-NEGOTIATIONS.pptx
 
Negotiation SKills.pptx
Negotiation SKills.pptxNegotiation SKills.pptx
Negotiation SKills.pptx
 
Need For Saying No in Agile Negotiation
Need For Saying No in Agile NegotiationNeed For Saying No in Agile Negotiation
Need For Saying No in Agile Negotiation
 
Building Negotiations Skills
Building Negotiations SkillsBuilding Negotiations Skills
Building Negotiations Skills
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Negotiation foundation
Negotiation foundation Negotiation foundation
Negotiation foundation
 
Presentation- Negotiation, NKT
Presentation- Negotiation, NKTPresentation- Negotiation, NKT
Presentation- Negotiation, NKT
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Enterprise Chapter 10 Negotiation.pptx
Enterprise Chapter 10 Negotiation.pptxEnterprise Chapter 10 Negotiation.pptx
Enterprise Chapter 10 Negotiation.pptx
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Music Industry Negotiation
Music Industry NegotiationMusic Industry Negotiation
Music Industry Negotiation
 
Negotiation skills-basics
Negotiation skills-basicsNegotiation skills-basics
Negotiation skills-basics
 
International business negotiations
International business negotiationsInternational business negotiations
International business negotiations
 
What is negotiation
What is negotiationWhat is negotiation
What is negotiation
 
Art of negotiations 1
Art of negotiations 1Art of negotiations 1
Art of negotiations 1
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Negotiation skills
Negotiation skillsNegotiation skills
Negotiation skills
 
Negotiation Skills Course (Workbook)
Negotiation Skills Course (Workbook)Negotiation Skills Course (Workbook)
Negotiation Skills Course (Workbook)
 
Mastering the Art of Sales Negotiation Tips and Techniques from a Spotify Sal...
Mastering the Art of Sales Negotiation Tips and Techniques from a Spotify Sal...Mastering the Art of Sales Negotiation Tips and Techniques from a Spotify Sal...
Mastering the Art of Sales Negotiation Tips and Techniques from a Spotify Sal...
 
Negotiation skills and a job interview
Negotiation skills and a job interviewNegotiation skills and a job interview
Negotiation skills and a job interview
 

More from AmeliaKelly7

Investment Properties Indianapolis
Investment Properties IndianapolisInvestment Properties Indianapolis
Investment Properties IndianapolisAmeliaKelly7
 
Colorado Turf Supplier Since 1962
Colorado Turf Supplier Since 1962Colorado Turf Supplier Since 1962
Colorado Turf Supplier Since 1962AmeliaKelly7
 
Cash Home Buyers Indianapolis
Cash Home Buyers IndianapolisCash Home Buyers Indianapolis
Cash Home Buyers IndianapolisAmeliaKelly7
 
Kai Kanani - A High-End Charter Catamaran on Maui, HI.pdf
Kai Kanani - A High-End Charter Catamaran on Maui, HI.pdfKai Kanani - A High-End Charter Catamaran on Maui, HI.pdf
Kai Kanani - A High-End Charter Catamaran on Maui, HI.pdfAmeliaKelly7
 
Agence immobilière tours
Agence immobilière toursAgence immobilière tours
Agence immobilière toursAmeliaKelly7
 
Naborly Provisions Catering
Naborly Provisions CateringNaborly Provisions Catering
Naborly Provisions CateringAmeliaKelly7
 
Tiktok Is Calling It The Best Pizza Oven
Tiktok Is Calling It The Best Pizza OvenTiktok Is Calling It The Best Pizza Oven
Tiktok Is Calling It The Best Pizza OvenAmeliaKelly7
 
SD Luxury Home Staging.pdf
SD Luxury Home Staging.pdfSD Luxury Home Staging.pdf
SD Luxury Home Staging.pdfAmeliaKelly7
 
Birthday App - Celebrate More Birthdays, Give More Gifts
Birthday App - Celebrate More Birthdays, Give More GiftsBirthday App - Celebrate More Birthdays, Give More Gifts
Birthday App - Celebrate More Birthdays, Give More GiftsAmeliaKelly7
 
ReprisalZems - Reaction Videos - @ReprisalZems
ReprisalZems - Reaction Videos - @ReprisalZemsReprisalZems - Reaction Videos - @ReprisalZems
ReprisalZems - Reaction Videos - @ReprisalZemsAmeliaKelly7
 
Top Gaming Moments
Top Gaming MomentsTop Gaming Moments
Top Gaming MomentsAmeliaKelly7
 
Top 10 Gaming Moments
Top 10 Gaming MomentsTop 10 Gaming Moments
Top 10 Gaming MomentsAmeliaKelly7
 
The Darkside of SEO - Improve Your SEO Today
The Darkside of SEO - Improve Your SEO TodayThe Darkside of SEO - Improve Your SEO Today
The Darkside of SEO - Improve Your SEO TodayAmeliaKelly7
 
The Art of Giving and Receiving Feedback.pdf
The Art of Giving and Receiving Feedback.pdfThe Art of Giving and Receiving Feedback.pdf
The Art of Giving and Receiving Feedback.pdfAmeliaKelly7
 
Absence Dashboard in Jira - Know Who’s Out of Office and Which Projects are I...
Absence Dashboard in Jira - Know Who’s Out of Office and Which Projects are I...Absence Dashboard in Jira - Know Who’s Out of Office and Which Projects are I...
Absence Dashboard in Jira - Know Who’s Out of Office and Which Projects are I...AmeliaKelly7
 
Planning On Jira Dashboards Could Prevent an 88% Failure Rate.pdf
Planning On Jira Dashboards Could Prevent an 88% Failure Rate.pdfPlanning On Jira Dashboards Could Prevent an 88% Failure Rate.pdf
Planning On Jira Dashboards Could Prevent an 88% Failure Rate.pdfAmeliaKelly7
 
300 Hours Yoga Teacher Training Bali
300 Hours Yoga Teacher Training Bali300 Hours Yoga Teacher Training Bali
300 Hours Yoga Teacher Training BaliAmeliaKelly7
 
Medusa Tattoos Bangkok
Medusa Tattoos BangkokMedusa Tattoos Bangkok
Medusa Tattoos BangkokAmeliaKelly7
 
External Share for Confluence
External Share for ConfluenceExternal Share for Confluence
External Share for ConfluenceAmeliaKelly7
 
Creating Jira Dashboards for Specific Purposes.pdf
Creating Jira Dashboards for Specific Purposes.pdfCreating Jira Dashboards for Specific Purposes.pdf
Creating Jira Dashboards for Specific Purposes.pdfAmeliaKelly7
 

More from AmeliaKelly7 (20)

Investment Properties Indianapolis
Investment Properties IndianapolisInvestment Properties Indianapolis
Investment Properties Indianapolis
 
Colorado Turf Supplier Since 1962
Colorado Turf Supplier Since 1962Colorado Turf Supplier Since 1962
Colorado Turf Supplier Since 1962
 
Cash Home Buyers Indianapolis
Cash Home Buyers IndianapolisCash Home Buyers Indianapolis
Cash Home Buyers Indianapolis
 
Kai Kanani - A High-End Charter Catamaran on Maui, HI.pdf
Kai Kanani - A High-End Charter Catamaran on Maui, HI.pdfKai Kanani - A High-End Charter Catamaran on Maui, HI.pdf
Kai Kanani - A High-End Charter Catamaran on Maui, HI.pdf
 
Agence immobilière tours
Agence immobilière toursAgence immobilière tours
Agence immobilière tours
 
Naborly Provisions Catering
Naborly Provisions CateringNaborly Provisions Catering
Naborly Provisions Catering
 
Tiktok Is Calling It The Best Pizza Oven
Tiktok Is Calling It The Best Pizza OvenTiktok Is Calling It The Best Pizza Oven
Tiktok Is Calling It The Best Pizza Oven
 
SD Luxury Home Staging.pdf
SD Luxury Home Staging.pdfSD Luxury Home Staging.pdf
SD Luxury Home Staging.pdf
 
Birthday App - Celebrate More Birthdays, Give More Gifts
Birthday App - Celebrate More Birthdays, Give More GiftsBirthday App - Celebrate More Birthdays, Give More Gifts
Birthday App - Celebrate More Birthdays, Give More Gifts
 
ReprisalZems - Reaction Videos - @ReprisalZems
ReprisalZems - Reaction Videos - @ReprisalZemsReprisalZems - Reaction Videos - @ReprisalZems
ReprisalZems - Reaction Videos - @ReprisalZems
 
Top Gaming Moments
Top Gaming MomentsTop Gaming Moments
Top Gaming Moments
 
Top 10 Gaming Moments
Top 10 Gaming MomentsTop 10 Gaming Moments
Top 10 Gaming Moments
 
The Darkside of SEO - Improve Your SEO Today
The Darkside of SEO - Improve Your SEO TodayThe Darkside of SEO - Improve Your SEO Today
The Darkside of SEO - Improve Your SEO Today
 
The Art of Giving and Receiving Feedback.pdf
The Art of Giving and Receiving Feedback.pdfThe Art of Giving and Receiving Feedback.pdf
The Art of Giving and Receiving Feedback.pdf
 
Absence Dashboard in Jira - Know Who’s Out of Office and Which Projects are I...
Absence Dashboard in Jira - Know Who’s Out of Office and Which Projects are I...Absence Dashboard in Jira - Know Who’s Out of Office and Which Projects are I...
Absence Dashboard in Jira - Know Who’s Out of Office and Which Projects are I...
 
Planning On Jira Dashboards Could Prevent an 88% Failure Rate.pdf
Planning On Jira Dashboards Could Prevent an 88% Failure Rate.pdfPlanning On Jira Dashboards Could Prevent an 88% Failure Rate.pdf
Planning On Jira Dashboards Could Prevent an 88% Failure Rate.pdf
 
300 Hours Yoga Teacher Training Bali
300 Hours Yoga Teacher Training Bali300 Hours Yoga Teacher Training Bali
300 Hours Yoga Teacher Training Bali
 
Medusa Tattoos Bangkok
Medusa Tattoos BangkokMedusa Tattoos Bangkok
Medusa Tattoos Bangkok
 
External Share for Confluence
External Share for ConfluenceExternal Share for Confluence
External Share for Confluence
 
Creating Jira Dashboards for Specific Purposes.pdf
Creating Jira Dashboards for Specific Purposes.pdfCreating Jira Dashboards for Specific Purposes.pdf
Creating Jira Dashboards for Specific Purposes.pdf
 

Recently uploaded

FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailAriel592675
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 

Recently uploaded (20)

FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detail
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 

Top 5 Negotiation Skills You Must Learn to Succeed

  • 1. Top 5 Negotiation Skills You Must Learn to Succeed
  • 2. 2 Top 5 Negotiation Skills You Must Learn to Succeed Top 5 Negotiation Skills You Must Learn to Succeed • Your ability to negotiate is important to keep you on the winning side. Negotiation skills are vital to achieving your objectives, reaching agreements, getting along with people and ultimately being more successful in what you do. Most importantly, your negotiation skills can help prevent conflict from escalating, thereby saving organizations the trouble of having to deal with conflicts and disputes in the long term. • In any organization, it's important to have leaders who have strong negotiation skills. If you want to be one, here are some of the most important negotiation skills you must learn to succeed.
  • 3. 3 Top 5 Negotiation Skills You Must Learn to Succeed 1. Communication skill • This is a critical skill that every negotiator should possess. To be a negotiation expert, you need to have the ability to clearly communicate what you are hoping to achieve at the negotiation table. It lets you participate in a civil discussion with the other party toward achieving an agreeable outcome. • It's impossible to come up with a deal if parties are arguing instead of negotiating. There has to be a give or take. With this in mind, you should know how to listen and articulate your thoughts while considering what the other party has to say. • In negotiation, it's important that you clearly communicate your viewpoints, preferences and perspectives civilly and be able to persuade the other party of their convictions. You won't be able to do these things if you don't have strong communication skills.
  • 4. 4 Top 5 Negotiation Skills You Must Learn to Succeed 2. Emotional Intelligence • Your emotions can significantly impact the overall outcome of a negotiation. What's important is not to let your emotions get in the way of coming up with a deal that is mutually beneficial to the parties involved. • For instance, your positive emotions could significantly increase your feelings of trust at the bargaining table, which in turn could have a positive and negative effect on you. On the other hand, negative emotions such as nervousness could also impact how you articulate your ideas. • To be a good negotiator, you need a high degree of emotional intelligence to read the emotions of the person on the other end of the negotiation table. This allows you to easily pick up what they are implying even if they don't explicitly say it.
  • 5. 5 Top 5 Negotiation Skills You Must Learn to Succeed 3. Planning skill • Planning your strategy with a clear vision of what you hope to achieve is essential to the success of your negotiation. Without proper planning, you could overlook important aspects of the deal. • When planning, you need to consider your zone of possible agreement (ZOPA) also known as a bargaining zone. This is the zone where both parties can find common ground. A positive ZOPA is present if both parties agree to overlap while a negative ZOPA exists when no one wants to compromise and the terms don't overlap. • In the planning stage, you also need to understand the best alternative to a negotiated agreement (BATNA). If your negotiation falls on a negative ZOPA, your BATNA serves as your alternative plan if the negotiation is not successful. Knowing your BATNA while still in the planning stage ensures that you have a backup plan to avoid going home empty-handed.
  • 6. 6 Top 5 Negotiation Skills You Must Learn to Succeed 4. Value-creation skill • This skill is one of the most powerful skills that you need to possess to be an effective negotiator. Simply put, in every negotiation, each party would want a bigger slice of the pie. • Your value-creation skill allows you to think of an idea of how to grow the pie instead of how to grow the slice you can take. With a bigger pie, each party can get more value.
  • 7. 7 Top 5 Negotiation Skills You Must Learn to Succeed 5. Strategic skill • A good negotiator should also have a clear understanding of the different negotiation tactics. • Knowing the different negotiation methods and identifying what works and what will not under the situation help you plan a strategy that would result in a favorable outcome. • If you want to develop your negotiation skills, Change Works can help you. We have a program designed to master the art of negotiation that is essential for your business success and for developing meaningful relationships.