Archive for the ‘negotiating’ Category

Got To Keep ‘Em Separated — Roles In Negotiating

Wednesday, June 4th, 2008

Different Roles In Negotiating
It really doesn’t matter if you are negotiating to buy a car, buy a house, buy a new email system for your company, or just where you and your significant other will go out to dinner on Friday night. In every negotiating situation, you need to realize that there are different roles to be played and they need to be kept separate. If you are a team of one doing the negotiating, then you need to keep this in mind and switch roles as needed. What are the roles you ask? Why that’s simple:

  1. The Commander: this is the person who makes the final decisions. At work this may be your boss. In a negotiation, this is the person who needs to sign off on your side of the deal. If you are buying a car, this may be your significant other who you have to run the deal by to get final approval.

  2. The Negotiator: this is the person who does most of the talking. The negotiator does not have the authority to make final decisions; however, he/she is the one who puts the deal together by talking with the other side. The relationship that the other side forms with the negotiator is the key to determining how the negotiations go.
  3. The Scribe: this is the person who takes down notes throughout the negotiations. Negotiations can stretch on for hours/days/months. It can be very difficult to remember what was agreed to or what was said in the past hour or day or month. The scribe takes careful notes and makes sure that the negotiator can easily find the information that they need.
  4. The Floater: Negotiations always require more information than is currently available. The floater is the person who gets things, checks things, and confirms things. The floaters’ activities are designed to allow the negotiator to focus on the negotiations without having to constantly go searching for additional material.

Needless to say, all too often we find ourselves playing all four roles. Just be aware that you are playing these separate roles and make sure that they other side knows this too. This way when the other side starts to pressure your negotiator role to agree to something, you can push back by saying “I need some time to think about this.” In this way you can buy your Commander role some time to make a good decision.

What Is Negotiation?

Monday, April 28th, 2008

Definition of What Negotiation Means
What’s interesting about a word like “negotiation” is that everyone *thinks* that they know what it means. However, once you start asking them for details we all start to wave our hands and seem to be at a loss for words. The kiss of death phrase “you know…” shows up and suddenly we realize that although we still think that we know what negotiation is, we strangely seem to be unable to describe it to someone else.

Since we’re talking about those of us who find ourselves accidentally playing the role of negotiator, we can probably skip the dictionary definition and move on to trying to clearly state just what negotiating is. Here’s my favorite way to put it:

“Negotiating is when two or more parties communicate in order to determine the nature of future action.”

What do you think? I’m always a fan of keeping things simple and this definition seems to do a good job of capturing it.

Welcome & What’s This Blog All About?

Thursday, April 24th, 2008

Negotiating Success Is An Agreement By Both Parties
Thanks for dropping by! This blog has one simple purpose: to provide the basic info that most of us need in order to make our lives better. Sorry, there won’t be any info on stock picking, weight loss, or where to buy the lowest cost gasoline. Instead we’re going to be talking about something just a bit easier to get your hands around: how to improve your negotiating skills.

I’m not someone who negotiated 7×24 everyday and I’m going to guess that you aren’t either. However, we do end up doing a lot of by-the-way negotiating every day and every once in awhile we do some really big negotiating: get a job, house, car, raise, get out of jail, etc.

This blog will provide you with the basic skills that you need to practice in order to become better than you all ready are. We’ll talk about how to approach the REALLY BIG negotiations and, of course, how to overcome any fears that you might have. If you are a lawyer or do big M&A deals for Fortune 50 companies, I’m afraid that this might not be the right place for you. However, for everyone else — welcome home, we’ve been waiting for you to show up.