Negotiation Basics For Business And Ordinary People

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Negotiating through life!

Negotiation has turned into science, but first and bottom fact about negotiation is: Your whole life is full of negotiations.

Negotiating is not something that you do only in your working hours - turn around and think about it: you negotiate from the moment you wake up until the moment you lay in bed.

Negotiate or not? 

From the beggining till the end

Either we are aware of that or not, we negotiate from the day we were born until the end of our lives:

- when we were babies, we cried our needs and wants in effort to get what we needed,

- when we became kids, we negotiated with our parents how many candies we may eat or when we must go to bed,

- as adolescents, we negotiated on our curfew or spending our holidays with friends,

- when we get a boyfriend/girlfriend, we negotiated where to go out or how fast we go forward,

- when we get merried, we negotiate with our spouse which refrigerator to buy or how much money to spend on food,

- when we look for job, we negotiate on salary, free days, etc.

So, we are all negotiators from birth but we are not all born-negotiators.

Luckily, this is something that can be learned. Some need more and some less time. That's where literature, courses, but most of all, practice plays a big role.

Remember...

Don't think that You can't do it or how can You do it.
Just try and with time You'll get better and master negotiation.

Helpful books on using and developing negotiation skills 

Getting to Yes: Negotiating Agreement Without Giving In

Amazon Price: $10.40 (as of 07/13/2009)Buy Now

I recently had a chance to use these principles in a negotiating workshop with veteran negotiators, and I was struck by how few people apply the lessons of GETTING TO YES. You will vastly improve your life if you read and practice the ideas in GETTING TO YES.

 

Bargaining for Advantage: Negotiation Strategies for Reasonable People 2nd Edition

Amazon Price: $10.88 (as of 07/13/2009)Buy Now

This is one of those books I wish I'd read years ago. It was recommended to my colleagues and I during a negotiating workshop I scheduled for the managers at the professional association I manage. "Bargaining for Advantage" is clear, informative and entertaining--what more could you want?

What it is and what it is not? 

Negotiation isn't persuasion or extortion. In negotiation process all sides must be satisfied with final deal.

By negotiation we consider making conversation with another person and through exchange of informations and bargains, coming to mutually useful deal.

I want to emphasize 'mutually useful' since many businessman negotiate using blackmail and extortion - squeeze a supplier to receive the lowest offer and similar pressures and things like that.

Acting this way gives results in a short run, but in a long run it may bring many negative after effects - lowering in product quality, delivery delays, etc. Mostly it brings tensions into business relationships since one side feels frustrated and unhappy.

Remember...

Don't use extortion neither blackmail in making business deal - in a long run, it's partnership breaker.

Zig Zigler's tips on negotiation: 

Zig Ziglar - Attitude Makes All The Difference

http://www.secret-of-lawofattration.com Zig Ziglar teaches people all over the world the fundamentals of sales and success. Here he tells a story of a woman with a negative attitude who hated her job, shifted her attitude and changed her life. This video is from his Ziglar Inspire Podcast which I highly recommend you visit. Go here for more info. http://zigziglar.libsyn.com/

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Persuasion, extortion, negotiation 

During lifetime and million of different situations you faced, have you ever been forced (or maybe it's your deal) to twist someones arm to get things to be done your way?

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Negotiation process 

<b>Summary of steps to take in negotiation process. </b>

Negotiation is not only discussing with someone on lowering price or 'are we going to buy volvo or bmw?'. It's whole process that is build of few parts:
  1. preparation for negotiation - first and the most important thing! Before You start be sure what you want to accomplish with negotiation, be realistic in your expectations, get to know the subject and all relevant facts, rang your priorities, define on what parts you may compromise. Important to do to be prepared.
  2. negotiation - when you are prepared, it's time to sit and talk until you get what you want. Is it that simple?
  3. agreement acquirement - there is one little thing that is missing to close a deal! Find out what that little thing is!
  4. agreement implementing - so, You made a deal, now You are done with all the work! Think twice! Real work has just begin!

Get dressed for negotiations 

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Blackmail in gettin' your way? 

Have You ever used blackmail in getting what you want? Do you think that it is OK? Justified?

Blackmail - justified or not?

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Yes, it's OK.

No way.

danmitch says:

Both parties need to walk away thinking that there is a good working relationship.

recoveringengineer says:

We should never use blackmail in any negotiation. From a practical standpoint: If the other party feels uncomfortable with the negotiated solution, they probably won't follow-through on the agreement. From a moral/ethical standpoint: If you wouldn't want someone to blackmail you, you shouldn't blackmail them. So, I don't believe that blackmail is ever an acceptable approach to negotiation.

GreenRevolution says:

I totally agree with Elizabeth. Blackmail is never justified. A negotiation should be a win-win situation. Not only is blackmail illegal, it's also immoral.

EditionH says:

I agree that blackmail finally is a killer in a relationship private or business. I do not use it because it´s much better and more fun to convince with arguments.
The victim of a blackmail agreement will always try to get rid of it together with the person who applied it as soon as possible. After that experience the blackmailer is "burned" an no arguments will help him to get back in business.

ElizabethJeanAllen says:

Blackmail is never justified.

 
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Reasonable_Divorces wrote...

Nice lens! You've got a great collection of information and resources here. I'd love it if you'd drop by my lens and say hello when you have the chance.

ReplyPosted February 23, 2009

spirituality wrote...

Certainly interesting. Not sure if I ever squeezed though: when I feel strongly about something I tend to push too hard and then I'm almost certain NOT to get my way.

This lens of mine is related btw: http://www.squidoo.com/resolveemail

ReplyPosted October 08, 2008

stoetzels wrote...

I am taking classes for negotiation...thanks for the heads up..

ReplyPosted September 22, 2008

TheInfamous7 wrote...

Excellent!! 5#!!

ReplyPosted August 10, 2008

thisnthat2 wrote...

Very, very nice lens! You have some really great info!

ReplyPosted July 31, 2008

 
1 of 2 pages

Magazines for Professional Negotiators! 

Get your subscription!

The Economist - $ 119.00
Edited in London, The Economist is the cream of the crop when it comes to sophisticated literary consumption. Featuring issues packed with editorially written articles about everything globally and currently relevant, The Economist is aimed at the savvy and educated reader with a penchant for higher order writing and useful knowledge for mature conversation. The Economist contains articles about current affairs, the political state, and corporate dealings, as they are relevant to a financially savvy reader. With many high-ranking executives comprising the constituency of its circulation, The Economist is classy gift that's sure to please and compliment the recipient. Order a magazine subscription of The Economist today and get editorial journalism at its best.The Economist is a global weekly magazine written for those who share an uncommon interest in being well and broadly informed. Each issue explores domestic and international issues, business, finance, current affairs, science, technology and the arts. Your paid subscription to The Economist also includes unlimited access to Economist.com and our searchable archive.


BusinessWeek - $ 46.00
BusinessWeek is one of the most respected names in business journalism, breaking important headlines and running cogent and intelligent articles. Offering intelligent analysis of current affairs and the effects of political decisions on the market, BusinessWeek magazine is a necessary addition to an educated library. Featuring witty editorials, and sharp commentary, BusinessWeek is a worthwhile read for the professional that needs to stay informed about current affairs and maintain an understanding of the financial world. Buy a subscription as a smart gift or renew your subscription to continue getting the best in business commentary.BusinessWeek Magazine prepares you to succeed in today's complex economy. You'll find in-depth coverage of the latest trends in technology, finance and management. Our insight and analysis helps you succeed, personally and professionally. Setting the industry standard for news about business and the economy, BusinessWeek was first published in 1929 and is owned by McGraw-Hill. A valuable resource for job-seekers, small and large companies and anyone involved in the business world, BusinessWeek gives readers reliable and respected perspectives on the economy today. Stories range from company profiles, interviews with high-profile business men and women, the pitfalls and successes of various companies around the world and developments within business and the economy at large. For over 15 years BusinessWeek has published an annual ranking of business school MBA programs in the United States which is looked at as the standard and authoritative voice on schools.

Wanna read more? Then click: 

Negotiation Boot Camp
Ed Brodow's lens on negotiation.
How To Negotiate Anything
Life is full of conflicts. There are plenty of opportunities to negotiate and lie it or not, sometimes you HAVE to negotiate. But people seldom negotiate anymore. Instead they quarrel, fight or simply retreat felling frustrated and cursing the heaven...
Preparation for negotiation
What ever you do, you'll do it better, faster and with more success if you are well prepared for it!Preparation is, in negotiation, as well in most things in life, extremely important. Master negotiators spend huge amount of time gathering information and preparing for their negotiation. Many poor n
Negotiation - show what You know!
So, after you have made all the preparation for negotiation, it's time to make a call and agree upon a meeting.If you made a preparations well, you have nothing to be afraid of. Go ahead and show what you know!
Agreement acquirement
So, you prepared yourself well for a negotiation, came to a meeting to show what you know, but still there is something missing to close a deal.Have you done everything right?Important to remember is: there is distinct difference between negotiating and making a conversation - where masters negotiat

 

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