Improve Your Negotiations With The 5 Golden Rules.   LEARN THEM

Sharp Negotiators Are Aware of Status Power

“I couldn’t believe it,” he told me. “While I was an outside consultant, this company followed all my recommendations. Then I went full-time with them and my success rate plummeted to 50 percent. What happened?” “Excellent question,” I responded. “The answer? Status...

Use Brainstorming Sessions for a Palette of Options

“What else can we do?” I asked my agent. “He sounds pretty stubborn on this point.” “I’m not sure,” my agent responded. “Let’s give it some thought. I pride myself on my creativity and coming up with nontraditional ways to resolve parties’ differences. Let’s put on...

The Negotiation Bluff: When, Where and How to Do It

In “The Negotiator,” actor Samuel Jackson plays a police hostage negotiator who takes his own hostages to prove his fellow officers framed him for murder. During an incredibly tense scene, Jackson drags one of his hostages from view while screaming into the phone. We...

Agents – Learn When to Use Them in Negotiations

You want a new house, and you’re considering whether to hire a real estate agent or go it alone. Or perhaps you’re selling your business, and an investment banker wants to represent you in lining up potential buyers. You might even manage a sales force, and are...

Butting heads? 3rd party may help

In a perfect world, nobody would completely lose control or say or e-mail things they regret, and all major decisions would be based on the experts’ research. Of course, we don’t live in a perfect world. So what should we do when our counterparts’ know exactly when...

How to Maintain an Even Hand in Negotiation Process

You arrive at Dick’s office promptly at 10 a.m. for the negotiation and you’re asked to take a seat. Dick, whom you’ve never met, apparently is running late. Thirty minutes later, Dick appears, apologizes for the inconvenience, ushers you into his office and...

Negotiate How You Negotiate

First impressions count. In fact, they have a disproportionate impact on how you are viewed. That’s one reason it’s critical to thoroughly prepare for that first meeting. But how does everything play out for the rest of the negotiation? Should you map the process out...