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Course Outline

  • What is my personal negotiating style?

Understanding your individual approach and its impact during negotiations

  • Competitive or cooperative?

Determining the appropriate approach to adopt

  • The need for creativity and flexibility

Exploring alternatives and resolving problems

  • Expectation management

Managing the pre-negotiation and opening stages effectively

  • Non-verbal communication

Utilising body language to reinforce verbal messages

  • The importance of preparation

Key tasks to undertake before negotiations begin

  • Shifting the balance of power

Identifying the strengths and weaknesses of both parties

  • Goals and objectives

Defining what success looks like and what is unacceptable

  • Looking beyond demands to interests and concerns

Uncovering the underlying motivations and priorities of the other party

  • Identifying variables

Determining what concessions can be made at minimal cost and what is sought in return

  • Making and justifying proposals

Positioning and demonstrating value from the other party's perspective

  • How to respond to proposals

Explaining why a proposal is unacceptable and presenting counter-proposals

  • Use of questions

Employing conditional questions to test solutions without firm commitments

  • The bargaining process

Trading concessions to achieve mutually beneficial outcomes

  • Dealing with deadlock

Tools to help navigate impasses

  • Responding to price challenges

Strategies for defending your position

  • Securing the deal

Summarising and closing negotiations to prevent costly misunderstandings

Requirements

Given the extensive practical exercises in this course, a minimum of four participants and two trainers are required.

 14 Hours

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