Empathy

Perspective Taking and Empathy in Business Negotiations

| | Dealmaking

We are often counseled to engage in perspective taking and empathetic understanding to achieve better results in business negotiations, both for ourselves and for our counterparts. Yet … Read This Post

Wealth and Fairness

Bargaining Power in Negotiations: Leveling the Playing Field

| | Negotiation Skills

Powerful negotiators can be formidable opponents. That’s in part because their bargaining power in negotiations—such as a high position in a hierarchy, wealth, or a great BATNA … Read This Post

human resources negotiations

Negotiating with Colleagues: Training for Collaborative Human Resources Negotiations

| | Teaching Negotiation

Human resources representatives are often involved in a wide array of internal company negotiations, including one-on-one disputes between colleagues as well as inter-department budgeting and overall staffing … Read This Post

unconscious biases

Confronting Implicit Biases That Hinder Diversity and Inclusion

| | Leadership Skills

Implicit biases systematically hold back African Americans from leadership positions, research shows. A leadership and negotiation expert offers advice on how to improve diversity and inclusion. … Read This Post

relationship building

The Importance of Relationship Building in China

| | International Negotiation

Although most Americans treat those they know differently than they treat strangers, Chinese relationship building towards insiders and outsiders tends to be more extreme than in the … Read The Importance of Relationship Building in China

amazon whole foods negotiation

Amazon–Whole Foods Negotiation: Did the Exclusive Courtship Move Too Fast?

| | Business Negotiations

In the Amazon–Whole Foods negotiation, an insistence on exclusivity led the two parties to quickly get down to business. But speed may have led them to overlook … Read This Post

negotiation style

Identify Your Negotiation Style: Advanced Negotiation Strategies and Concepts

| | Negotiation Skills

Have you ever wondered if your negotiation style is too tough or too accommodating? Too cooperative or too selfish? You might strive for an ideal balance, but, … Read This Post

types of conflict

Types of Conflict in Business Negotiation—and How to Avoid Them

| | Conflict Resolution

Conflict in business negotiation is common, but it doesn’t have to be that way. There are steps we can take to avoid types of conflict and misunderstandings. … Read This Post

exclusivity period

An Exclusivity Period: A Useful Tool for Eliminating the Competition

| | Dealmaking

An exclusivity period can help you negotiate without interference from an unwanted third-party competitor. To benefit from an exclusivity period, follow our expert advice for buyers and … Read This Post

What Are Circular Deals?

| | Dealmaking

Circular deals in which AI companies repeatedly invest in each other have become increasingly common—and could be cause for concern. … Read What Are Circular Deals?

power in negotiation

Power in Negotiation: The Impact on Negotiators and the Negotiation Process

| | Negotiation Skills

According to Dacher Keltner of the University of California at Berkeley and his colleagues, power in negotiation affects two primary neurological regulators of behavior: the behavioral approach … Read This Post

multiparty negotiation

Managing a Multiparty Negotiation

| | Dealmaking

What is multiparty negotiation? Multiparty negotiations can be incredibly challenging. Just ask the negotiators from over 170 countries who managed to reach agreement back in 2015 on … Read Managing a Multiparty Negotiation