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Your premier resource for sharpening your negotiation
                                                skills, strengthening your negotiation technique or
                                                providing negotiation training for your organization.




The Premiere Newsletter for
       Negotiators
                                15 Rules of Negotiation
           FREE
                                Negotiation is a process that can be learned.
The Master Negotiator is a
                                By following the 15 rules outlined here--and practicing,
monthly newsletter packed       practicing, practicing--you can perfect your skills at
  with tips, strategies, and    negotiating deals in which everyone wins.
    tactics to ensure your
 success in virtually every     1. Remember, everything is negotiable. Don’t narrow a
       negotiation. The         negotiation down to just one issue. Develop as many issues
 Negotiating Tactic of the
Week gives you an insider's
                                or negotiable deal points as you can and then juggle in
     look at hundreds of        additional deal points if you and the other party lock onto
   strategies and tactics.      one issue.
 Make sure you know more
   than your counterpart!
   Simply enter your email
address in the box provided     2. Crystallize your vision of the outcome. The
  to start your subscription.   counterpart who can visualize the end result will most likely
                                be the one who guides the negotiation.
     The Master
     Negotiator
        your email              3. Prepare in advance. Information is power. Obtain as
        Subscribe               much information as possible beforehand to make sure you
                                understand the value of what you are negotiating.
                                Remember, very few negotiations begin when the
  Register for Our              counterparts arrive at the table.
   Teleseminars

                                4. Ask questions. Clarify information you do not
                                understand. Determine both the implicit and explicit needs
       Test
                                of your counterpart.
 Your Negotiation
      Skills
                                5. Listen. When you do a good job listening, you not only
                                gain new ideas for creating win/win outcomes but also make
    Determine                   your counterpart feel cared for and valued. This also allows
       Your                     you to find out what the other party wants. If you assume
 Negotiating Style              that his or her wants and needs are the same as yours, you
                                will have the attitude that only one of you can “win” the
                                negotiation.
View Our Selection
                     6. Set a goal for each deal point. Define your minimum
                     level of acceptance for each goal. If you aren’t clear on your
                     goals, you will end up reacting to the propositions of your
                     counterpart.


                     7. Aim your aspirations high. Your aspirations will likely
                     be the single most important factor in determining the
of Books & Tapes     outcome of the negotiation. You can aim high just as easily
                     as you can aim low.


                     8. Develop options and strategies. Successful people are
                     those who have the greatest number of viable alternatives.
                     Similarly, successful negotiators are those who have the
                     most strategies they can use to turn their options into reality.


                     9. Think like a dolphin. The dolphin is the only mammal
                     who can swim in a sea of sharks or in a sea of carp. Dolphins
                     are able to adapt their strategies and behaviors to their
                     counterparts. Remember, even when negotiating with a
                     shark, you have an option--you can walk away!


                     10. Be honest and fair. In life, what goes around comes
                     around. The goal in creating win/win outcomes is to have
                     both counterparts feel that their needs and goals have been
                     met, so that they will be willing to come back to the table
                     and negotiate again. An atmosphere of trust reduces the
                     time required to create win/win outcomes.


                     11. Never accept the first offer. Often, the other party
                     will make an offer that he or she thinks you will refuse just
                     to see how firm you are on key issues. Chances are, if you
                     don’t have to fight a little for what you want, you won’t get
                     the best deal.


                     12. Deal from strength if you can. If that’s not possible,
                     at least create the appearance of strength. If the other party
                     thinks you have no reason to compromise in your demands,
                     he or she is less likely to ask you to.
13. Find out what the other party wants. Concede
slowly, and call a concession a concession. Giving in too
easily tells the other party that you will probably be open to
accepting even more concessions.


14. Be cooperative and friendly. Avoid being abrasive or
combative, which often breaks down negotiations.


15. Use the power of competition. Someone who thinks
it’s necessary to compete for your business may be willing to
give away more than he or she originally intended.
Sometimes just the threat of competition is enough to
encourage concessions.

Peter Barron Stark is president of Peter Barron Stark &
Associates. He travels internationally training procurement
specialists, sales professionals and other leaders in the art of
negotiation. www.everyonenegotiates.com, (877) 727.6468

©Peter Barron Stark & Associates, 2000



About Us | Training | Clients | Resources | Articles | Contact
                              Us



           Additional Information Available on:
  www.pbsconsulting.com u www.employeeopinionsurveys.
               com u www.peterstark.com

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51796015 15-rules-of-negotiation

  • 1. Your premier resource for sharpening your negotiation skills, strengthening your negotiation technique or providing negotiation training for your organization. The Premiere Newsletter for Negotiators 15 Rules of Negotiation FREE Negotiation is a process that can be learned. The Master Negotiator is a By following the 15 rules outlined here--and practicing, monthly newsletter packed practicing, practicing--you can perfect your skills at with tips, strategies, and negotiating deals in which everyone wins. tactics to ensure your success in virtually every 1. Remember, everything is negotiable. Don’t narrow a negotiation. The negotiation down to just one issue. Develop as many issues Negotiating Tactic of the Week gives you an insider's or negotiable deal points as you can and then juggle in look at hundreds of additional deal points if you and the other party lock onto strategies and tactics. one issue. Make sure you know more than your counterpart! Simply enter your email address in the box provided 2. Crystallize your vision of the outcome. The to start your subscription. counterpart who can visualize the end result will most likely be the one who guides the negotiation. The Master Negotiator your email 3. Prepare in advance. Information is power. Obtain as Subscribe much information as possible beforehand to make sure you understand the value of what you are negotiating. Remember, very few negotiations begin when the Register for Our counterparts arrive at the table. Teleseminars 4. Ask questions. Clarify information you do not understand. Determine both the implicit and explicit needs Test of your counterpart. Your Negotiation Skills 5. Listen. When you do a good job listening, you not only gain new ideas for creating win/win outcomes but also make Determine your counterpart feel cared for and valued. This also allows Your you to find out what the other party wants. If you assume Negotiating Style that his or her wants and needs are the same as yours, you will have the attitude that only one of you can “win” the negotiation.
  • 2. View Our Selection 6. Set a goal for each deal point. Define your minimum level of acceptance for each goal. If you aren’t clear on your goals, you will end up reacting to the propositions of your counterpart. 7. Aim your aspirations high. Your aspirations will likely be the single most important factor in determining the of Books & Tapes outcome of the negotiation. You can aim high just as easily as you can aim low. 8. Develop options and strategies. Successful people are those who have the greatest number of viable alternatives. Similarly, successful negotiators are those who have the most strategies they can use to turn their options into reality. 9. Think like a dolphin. The dolphin is the only mammal who can swim in a sea of sharks or in a sea of carp. Dolphins are able to adapt their strategies and behaviors to their counterparts. Remember, even when negotiating with a shark, you have an option--you can walk away! 10. Be honest and fair. In life, what goes around comes around. The goal in creating win/win outcomes is to have both counterparts feel that their needs and goals have been met, so that they will be willing to come back to the table and negotiate again. An atmosphere of trust reduces the time required to create win/win outcomes. 11. Never accept the first offer. Often, the other party will make an offer that he or she thinks you will refuse just to see how firm you are on key issues. Chances are, if you don’t have to fight a little for what you want, you won’t get the best deal. 12. Deal from strength if you can. If that’s not possible, at least create the appearance of strength. If the other party thinks you have no reason to compromise in your demands, he or she is less likely to ask you to.
  • 3. 13. Find out what the other party wants. Concede slowly, and call a concession a concession. Giving in too easily tells the other party that you will probably be open to accepting even more concessions. 14. Be cooperative and friendly. Avoid being abrasive or combative, which often breaks down negotiations. 15. Use the power of competition. Someone who thinks it’s necessary to compete for your business may be willing to give away more than he or she originally intended. Sometimes just the threat of competition is enough to encourage concessions. Peter Barron Stark is president of Peter Barron Stark & Associates. He travels internationally training procurement specialists, sales professionals and other leaders in the art of negotiation. www.everyonenegotiates.com, (877) 727.6468 ©Peter Barron Stark & Associates, 2000 About Us | Training | Clients | Resources | Articles | Contact Us Additional Information Available on: www.pbsconsulting.com u www.employeeopinionsurveys. com u www.peterstark.com