Make Sure To Examine These 2 Factors When Sourcing A Business Negotiation Program, It Will Cost You Otherwise
Equip participants with a 'negotiation system'
Many suppliers of negotiation skills development programmes approach negotiation training as something that is complicated instead of complex - in other words, they advocate a method to negotiation that is sequential & linear (promoting for instance that there are a certain number of steps involved in all negotiations).
This method of complicated & linear approach will empower individuals & organisations with the tools to survive in simple & one dimensional negotiations but will leave them dangerously exposed in multi-party, multi-issue, complex negotiations.
It would be a good wager that almost all professional golfers are better golfers than their trainers. Why then do they employ trainers?
Because it is almost impossible to examine one's own game objectively. When at the top level of golf, as in any game, we understand that the borders between success and failure can be very small indeed. We learn through this partnership that the professional golfer's trainer understands that his 'master's' game is mostly excellent.
It is by paying attention to the small detail that changes in outcomes are obtained.
Business negotiation is like golf in many ways. To be a rounded business negotiator, one needs to have mastered all the key factors that constitute leading practice in the field of negotiation.
An absolute and rounded approach should be followed that covers the 4 key factors of all negotiations: Vision, Value, Process & Relationship. As in golf, it is critical that we first understand how we react in our negotiations when under pressure, before we learn to engage new skills.
Research proves that only 5 to 25 % of the material shared during a business negotiation session will be retained by participants. So as to guarantee the application of negotiation best practices in the workplace it is critical that people should be supplied with a negotiation system aiming at:
* Provide them with a standardised negotiation preparation check list (preferably customised to support the business negotiation strategy & process).
* Give them easy access to all the negotiation strategies, tactics & techniques that are beneficial to support their negotiations.
You should ensure that you don't focus on an academic training course that has little practical application within your industry. At the same time you don't want to invest in the equivalent of a street fighters negotiation program that is only directed at tactical negotiation tricks & techniques.
It is best to find a course that joins sound academically researched and validated principles with proven practical credentials.
Create a best practice negotiation supporting network
What happens after the training intervention? This is a very important question.
Will you provide the participants with 1-on-1 coaching to help them apply the best practice principles to their professional negotiations?
Will you be running short follow up programmes at regular intervals to reinforce the learning?
Will you create a negotiation knowledge base so delegates can access experience & information already in the possession of the business?
As you can see, in many ways the training engagement is only the start of the process. To guarantee maximum savings in time, reduction in expenses and increases in profits, it is important that you develop and instill a best and leading practice based negotiating culture within your organisation.
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Instead of indicating to your opposite number that supporting my offer will assure a deal, it may be even better to say and specify what they are going to squander if they do not support it.
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