A two-day workshop
Any successful business manager will tell you that you never get the deal you deserve – you always get the deal you negotiate!
This two-day workshop includes recent research and practical techniques from the Harvard Business School Negotiation Project and provides a unique opportunity to learn and practice these skills in a safe environment using up to date materials and life-like practice negotiation case studies.
learning objectives
- Understand the basics of negotiation
- Develop negotiating skills
- Increase their business acumen
- Develop their communication skills
- Learn the models, techniques and tools for an effective negotiation
- Identify the barriers to agreements
- Close the deal
Expert trainer
Paul Lower, FCMA, is an enthusiastic business finance trainer and coach with comprehensive experience of writing and delivering financial, business and negotiation skills training courses for private and public sector delegates from the UK and overseas.
Session outline
1. What is negotiation?
- Key skills for negotiation
- Types of negotiation
- Win-lose negotiations versus Win-win negotiations
- Wise agreements and Principled Negotiation
2. Four key negotiating concepts
- BATNA – Best alternative to negotiated agreement
- Setting your reservation price
- ZOPA – Zone of possible agreement
- Creating and trading value
3. Business acumen
- Understanding pricing, gross margins and profit
- Knowing the key points on which to negotiate
4. A Four Phase Model for negotiation
- Nine steps to successful planning
- Discussing a deal – creating and claiming value
- Making and framing proposals
- Bargaining for the winning deal
5. Effective communication
- Effective questioning
- Active listening skills
- Understanding and interpreting body language
- Barriers to effective communication
6. Understanding influence and persuasion
- Influencing strategies
- Ten proven ways to influence people
- Six universal methods of persuasion
- Understanding why people do business with other people
7. Negotiating tactics
- Tactics for win-lose negotiations
- Tactics for win-win negotiations
- Effective team negotiating
- Understanding and using powerv
- What do you do when the other side has more power?
8. Barriers to agreement
- Common barriers to agreement
- The Negotiators Dilemma
- Dealing with die-hard negotiators
- Dealing with lack of trust
9. Potential barriers to cross-border agreements
- Understanding business methods and practice in other cultures
- Figuring out who has the power and who makes decisions
- Recognising and dealing with cultural differences
- What’s OK here might not be OK there
10. Closing the deal
- Four steps to closing the winning deal
