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Avoid Negotiation Mistakes
• 1912 – U.S. Presidential election
• 3 million Roosevelt photographs have been
printed and the permission has not been granted
by the photographer
• No time to reprint brochure and it is critical for the
campaign
• Copyright law: photogapher can demand $1 per
copy
telegram to the copyright
owner:
Campaign manager sends
Photographer’s
responds:
negotiation[ noun ]
A process we used to satisfy our needs
when someone else controls what we
want
Strategy & methods are key to
successful
negotiation
Intelligent solve problems;
genius
prevent
 How can I avoid making classic mistakes?
 What self-knowledge do I need?
 What do I need to know about my client and the situation?
 How do I prepare for success?
 What moves do I need to make at the table?
Not being clear about the type of
negotiation
1
Failing to set parameters prior to the negotiation2
Failing to identify interests3
Adopting a narrow and inflexible range of value or option4
1. Not being clear about the type of
negotiation
Relationship Based Results Based
Balanced Concerns
“Know the Type of Negotiation”
Results Based
The items being negotiated are the main
concern; the relationship is of little or no
concern
The value available to each party
is fixed.
Both parties claim as much as p
The value available to each party
is fixed.
Purchasing professionals use
this style
heavily
Relationship Based
The relationship is the main concern; the
items being negotiated are important but
secondary
Balanced Concerns
The results and the relationship are roughly
equal concerns
The value available to each party
is flexible.
2. Failing to set parameters prior to the
negotiation
“Set Negotiation Parameter”
Desired Outcome1
Walk-Away2
BATNA: Best Alternative To a Negotiated
Agreement
3
The "best case" for how the negotiation
will turn out for you or your business
Your
Walk-Away
5,00,000
Range of Acceptable Agreement
Desired
Outcome
7,00,000
Your walk-away is the least favorable deal you will
accept
Your BATNA is your best course of action in the event
you can’t reach an agreement
1
A weak BATNA2
A strong BATNA3
3. Failing to identify interests
“Identify Interests”
Positions:
The concrete things you and the client each say you want
(dollars and cents; terms and conditions
Interests:
The motivations that lead you and the client to take
specific positions in a negotiation
4. Adopting a narrow/ inflexible range of
options
“Think Broadly About Value”
Fixed Options Expand Options
“Common sources of Value”
Terms
Logistics
Time
Resource
Avoid mistakes for
successful negotiation
2016, GreenBooks Learning Solutions
get started
Shyam Sunder
ss@greenbooks.co.in
+91 – 7766 100 400
www.greenbookslearning.com

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Negotiation Mistakes to Avoid