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Accountability and Negotiation: An Overview
Posted By PON Staff On February 21, 2013 @ 2:37 pm In Business Negotiations | No Comments
Based on current research, the following is a summary of the information you need to set up an optimal accountability system for negotiators in your organization:
- Require your subordinates to justify their negotiation strategy to you in advance
- Hold negotiators accountable for the process they’ve outlined – not just their ultimate goal
- To decrease the impact of irrelevant information, encourage negotiators to list ahead of time the most important kinds of information they should gather – and to refer often to their list during negotiations
- In one-issue negotiations, encourage competition by promising high-stakes rewards
- In multi-issue negotiations, encourage cooperation by rewarding long-term relationships and creative solutions
- Downplay partisanship by emphasizing the value of objectivity
- To decrease the stress of accountability, hold teams of negotiators responsible for their decisions
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