Maybe a year ago or so I have successfully completed a course from University of Michigan on Successful Negotiation.
Today, I am here to summarise my takeaways from that course and also some other courses. For example, the ones I have completed at Vodafone, they were provided by Harvard Publishing and give their reader all essential strategies and skills needed to succeed in any Negotiation.
Negotiation – “To confer or discuss with a view to reaching agreement.”
It is not a secret that strong emotions lead to unproductive decision making at the bargaining table, being in an angry mood (as compared to a neutral mood) leads us to:
When we’re in a sad mood, as compared to being in a neutral mood, we are more likely to:
Well, I would say you have to improve your Emotional Intelligence competency, have to be able to recognise, understand and use emotional information about yourself. In my humble opinion, it is the ultimate key to Effective Performance.
To maintain the best state of mind in stressful situation such as negotiation, you have to pay your attention to the following elements of EI (Emotional Intelligence):
There’re some techniques you can use Conducting Negotiation.
Men see negotiation as a more common event than women do, an important consulting company name of which I cannot recall now had done a survey among men and women worldwide, asking the following questions:
And basically, what they found out was the fact that men initiate 4 times as many negotiations as women and they take a more active approach than women in getting what they want by asking for it! Findings cut across all ages, professions and education levels.
About 5 years ago, I had an interview with Orange Business Services for a Tech Specialist position. I remember how it went, from the very first moment they opened the front door for me and till the moment we were negotiating the salary. I have to say that I was not the best candidate, I was worried and shaken but, for some reason, I have said “No” for the amount they offered me, and I felt uncomfortable about it straight after.
Mike, the Senior Manager, had asked me then what were numbers I’d like to have, and also the reasoning behind it. I felt like I was justifying myself, explaining that I have to pay my rent and buy groceries. But when I gave him the numbers I had in hand, I realised that I didn’t arrive to the total. I just asked for more.
So, he asked me:
– So, what about the rest of it?
– I also want some ice cream every now and then, – I answered.
He smiled and agreed on my conditions, and as I found out later on, I was the only one Specialist in NOC, who negotiated his/her salary. So, I had the highest numbers among them.
This situation had taught me a lot.
Maybe it will resonate with you as well.
Talk to you later,