I really enjoy discussing and debating politics and public policy. I grew up in a political household – my Dad was a former Minnesota state legislator – and our dinner table conversations often revolved around political issues and how to help others (the noblest...
“Are we so weak and inept diplomatically that Turkey forced the hand of the United States of America? Turkey!?” said U.S. Senator Mitt Romney (R-UT) a week or so ago, referring to the negotiations between President Trump and Turkey’s President Recep Tayyip Erdoğan in...
Video: Was Negotiation Book “Getting to Yes” a Failure? Below is a partial transcript of the video. Keld “Welcome back if you’d be watching us previously I am happy to introduce Marty and Karen here today. Both of them has been on our show...
Teach Negotiation More Effectively and Save Time Fellow negotiation professor/teacher Roy Lewicki recently shared a few of his thoughts about our new negotiation teaching software and I thought teachers and negotiation enthusiasts might be interested. “One key to...
“How can we more efficiently negotiate our deal terms and conditions? It can take months for our lawyers to go back and forth on the documents, and the business teams get frustrated. We’ve even lost some deals as a result. Can’t we do this more efficiently?” A large...
What Is Leverage? 14 Rules for Using it Well What is Leverage? What most consider to be negotiation power — leverage — actually relates to two factors: how much each party needs that deal relative to the other, and the relative value of each party’s best alternative...
Don’t Cut to the Chase — Prepare for Your Negotiations A small business owner with a huge potential opportunity in a negotiation with a large company contacted me recently and asked how to respond to the company’s request that he make them an offer. He told me...
Let’s say you’re sitting at your desk Monday morning, your telephone rings, and it’s Jane, opposing counsel in one of your cases, calling to see if you might be interested in discussing the offer she e-mailed you last week. Because you’re mostly up-to-speed on it, you...
In our last two posts, we discussed tips for negotiating with accommodative counterparts and tips for negotiating with competitive counterparts. To bring this series to a conclusion, here are three negotiation strategies to consider when your counterpart is a conflict...