Posts Tagged ‘ambiguity’

Negotiators Know The Power Of Not Making Up Your Mind

Friday, August 12th, 2011
Image Credit Knowing Which Way To Go During A Negotiation Is Not Always Necessary

Knowing Which Way To Go During A Negotiation Is Not Always Necessary

I hate to negotiate with people who don’t know how to negotiate. Knowing this you might think that I’m always expecting the other side to be on top of things, know what they want and have a plan on how they are going to get there. It turns out that you’d be wrong – sometimes not being able to make up your mind is more powerful than knowing where you are going.

The Power Of Not Knowing

The concept of not knowing what you want to do or where you want to go seems to go against the grain of how we like to picture ourselves as negotiators. Instead, we like to see ourselves as bold and confident – knowing where we’re going to go even before we get there.

However, what we forget is that every sales negotiation is a stressful situation. Any decisions that we make during a negotiation are decisions that we’ll be making under pressure – and all too often those types of decisions are bad decisions.

A lot of people don’t realize just how much effort goes into not making your mind up. It’s actually quite easy to focus on one path of action. Not selecting where you want to go is much harder.

How To Use Indecision To Your Advantage

So maybe not being able to make up your mind is a good thing? In some ways the answer to this question is yes, it can put you into a more powerful position when you are negotiating.

One of the biggest benefits of not being able to make up your mind during a negotiation is that you are in no position to reach a deal. This means that if the other side wants to settle quickly, then they are going to have to be the ones who make concessions to move both sides close to close.

This also means that you get to control the flow of time. You cannot make up your mind for as long as you want to – you’re in charge of that. This can end up frustrating the other side of the table and once again this may lead them to making even more concessions just because they want the negotiations to be over and done with!

What All Of This Means For You

One of the big secrets that most negotiators who are just starting out don’t realize is that a bit of indecision can be a powerful tool during a negotiation. You’d think that knowing exactly what you want to be doing and where you want the negotiations to be heading would be necessary, but it isn’t.

The power that comes from being indecisive comes from the simple fact that you can’t reach a deal with the other side because you don’t really know what you want. This means that the other side can’t force you to do something that you don’t want to – you don’t know enough to make a mistake. This is going to result in the other side making more concessions to you just to keep things moving along.

Despite what your mother may have told you while you were growing up, the brightest people don’t always finish first. Sometimes when we don’t know what we want to do we can end up coming out ahead!

- Dr. Jim Anderson
Blue Elephant Consulting –
Your Source For Real World Negotiating Skills™

Question For You: How do you think that you can make yourself remain indecisive during a sales negotiation?

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What We’ll Be Talking About Next Time

Talk about running into a brick wall! Sometimes when we are in the middle of a negotiation, especially with a state or federal official, we come face to face with a regulation that prevents us from getting what we want. Is it time to give up? Nope, you just need to know the magic 6 words that you need to say…

How To Hire A Negotiator

Tuesday, December 9th, 2008
Sometimes It Is Desirable To Bring In A Negotiator From The Outside

Sometimes It Is Desirable To Bring In A Negotiator From The Outside

In life, there are some situations that you will be called on to negotiate in order to get what you want / need.  However, there will also be situations in which you have the time (and the budget!) to reach out and get outside help.

Getting outside negotiating help can be especially critical if the type of negotiation that you are preparing to start is of a very technical or detailed nature. If you can find someone who has “been there, done that” you can significantly improve the odds of being successful in the negotiations. Now the big question is just how does one go about hiring a negotiator?

The challenge in interviewing someone to do negotiating on your behalf is that negotiation is a very difficult job to do. The reason that negotiating is such a challenge is because it doesn’t just require one or two specific skills, but rather a whole collection of skills that we really don’t find in business.

At a very high level, a good negotiator has the ability to show good business sense while at the same time displaying a deep understanding of how people think and act. It is a rare thing indeed to find both of these qualities in a single individual. Couple that with any special knowledge or experience that you are looking for and choosing the wrong negotiator to represent you can appear to be all too easy.

The following 10 characteristics of a good negotiator are what you should be looking for when you are interviewing possible candidates. It’s going to take some probing on your part to uncover these traits, but it will be worth the effort:

  1. Must have the ability to negotiate well with members of YOUR team. If the candidate can’t win the confidence of your team, how can you expect him to succeed in the negotiation with the other side?
  2. Must show that he/she has the ability to construct a plan and the commitment to follow it through. The ability to realize that not all information may be available before the negotiation starts and the willingness to check facts and alter plans as new details emerge are also critical.
  3. Did I mention the need for sound business sense? The ability to see through the fog of negotiations and identify the issues that will have an impact on your bottom line is key.
  4. The ability to deal with both ambiguity (both before and during the negotiations) as well as conflict during the actual negotiations.
  5. The willingness to aim high when setting goals for the negotiations.
  6. The ability to realize that a negotiation is a process and the patience to wait for the other side to reveal more so that the process can move forward.
  7. The ability to personally connect with both your team and the other side. Yes, negotiation is a business process, but the personal touch can make all the difference when it comes to closing the deal.
  8. A realization that his / her personal integrity is what matters above all else.
  9. The ability to, no matter how heated a discussion gets, listen with an open mind to what the other side is saying.
  10. The self-confidence that is needed to see a negotiation through from start to finish.

What else do you think should be added to my list? Is there anything on the list that you think could be dropped? Which one of these 10 items is the most important in your opinion? Leave me a comment and let me know what you are thinking.