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What is
NEGOTIATION?
What is NEGOTIATION ?
The process of making joint decisions when the
parties involved have different preferences.
Negotiation takes place when two or more
people, with differing views, come together to
attempt to reach agreement on an issue. It is
persuasive communication or bargaining.
Negotiation is about getting the best
possible deal in the best possible way.
In business as in life,you dont get what
you want, you get what you negotiate.
Stages of Negotiation
Stages of Negotiation
Preparation
Before any negotiation takes
place, a decision needs to be taken as to when
and where a meeting will take place to discuss
the problem and who will attend. Setting a
limited time-scale can also be helpful to
prevent the disagreement continuing.
Stages of Negotiation
Exchanging Information
During this stage,
individuals or members of each side put forward
the case as they see it, i.e. their understanding
the situation.
Bargaining
The heart of many negotiations is in bargaining, it
means come to terms ; arrive an agreement.
An important part of bargaining is Trading ,
where parties effectively say, `If you give me that,
then I will give you this, i.e. a sensible agreement.
Stages of Negotiation
4.Summarize
7.COMMUNICATE
a. No clear lines of communication=no
Negotiation Winners
1. Have a game plan
5. Evaluate
Communication Skills.
Attitude
Knowledge
Interpersonal Skills
Communication skills play an important
role in negotiation.
Communication Medium.
Obstacles in Communication Medium.
Share all the idea.
Obstacles in sharing idea.
A main cause of Failure
Nonverbal communication:
It is known as body
language sends strong positive and negative
signals. This is how much it influences any
message:
Words 8%
Tone of voice 34%
Non-verbal cues 58%
Message 100%
Dos
Always think ahead about what you are
going to say.
Use simple words and phrases that are
understood by every body.
Increase your knowledge on all subjects
you are required to speak.
Speak clearly and audibly.
Check twice with the listener whether you
have been understood accurately or not
In case of an interruption, always do a little
recap of what has been already said.
Dos