Friday, October 18, 2013

Negotiate for win-win

Negotiation, the Jack Welch way, 10/18/13
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3 basic rules of Negotiation
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(1) When Entering
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    look at it from the other side of the table; what is the other person's point of view ?
    look at it as if what you are presenting you are receiving - how does it look from the other side?

(2) When in it
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    put a proposal together you are comfortable giving or taking
    offer a deal that you'd be happy taking if you are on other side and one you can live with

(3) When Exiting
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    be sure to make it a win-win
    never leave other person feeling they lost
    both parties should start to build a trusting relationship
    Trust is what makes negotiations work

Dr DP