closing the deal in negotiations

Closing the Deal in Negotiations When Win-Win Seems Likely

| | Dealmaking

Excerpted from the article “Will Your Negotiation Make It to the Finish Line?” in the December 2020 issue of Negotiation Briefings, the Program on Negotiation’s monthly newsletter … Read This Post

integrative negotiations

Integrative Negotiations: Dispute Resolution Through Joint Fact-Finding

| | Conflict Resolution

Sometimes parties to a dispute disagree on key facts and forecasts but lack the technical or scientific expertise needed to come to a consensus. Suppose, for instance, … Read This Post

salary negotiations

Salary Negotiations and How to Negotiate Performance-Based Pay

| | Salary Negotiations

Salary negotiations are never predictable. Imagine that you are a sales rep with a company that is getting hit hard by a financial crisis. No one has … Read This Post

For Price Negotiators Preparation is the Key to Success

For Price Negotiators, Preparation is the Key to Success

| | Dealmaking

Some cultures have a long tradition of haggling—bargaining back and forth about the price of an item—in markets and bazaars. By contrast, in the United States and … Read This Post

conflict negotiation skills

Conflict Negotiation Skills for Broken Contracts

| | Conflict Resolution

Amid the Covid-19 pandemic, many agreements—renting a concert venue, hiring workers for a new café chain, acquiring a company—became untenable or illogical overnight. But it’s not easy … Read Conflict Negotiation Skills for Broken Contracts

negotiation

For Better Communication, Try Appreciation

| | Negotiation Skills

Many professional negotiators have come away from talks wondering, How did that pleasant discussion turn sour? Why did the deal unravel at the last minute? … Read For Better Communication, Try Appreciation

batna

Understanding Your Counterpart’s BATNA

| | BATNA

One of the most popular questions concerning negotiation strategy and an area of negotiation research that draws heavily on negotiation examples in real life is how do … Read Understanding Your Counterpart’s BATNA

negotiations

Google’s Negotiations with Groupon: How Business Negotiators Can Maximize Value Claiming When Engaging in Integrative Negotiations

| | Win-Win Negotiations

It seemed to be a match made in Internet heaven. In late 2010, Google made a $6 billion bid for Groupon, the Chicago­based company that e­mails daily … Read This Post

right of first refusal for real estate

Right of First Refusal for Real Estate

| | Negotiation Skills

If you are interested in buying the property you’re renting, but aren’t able to do so immediately, you may benefit by negotiating a right of first refusal … Read Right of First Refusal for Real Estate

power in negotiation

Types of Power in Negotiation: Chaos Theory and Bargaining Scenarios

| | Dealmaking

Among the many types of power in negotiation a negotiator can exhibit is an ability to exert control over the negotiation process. But what about those bargaining … Read This Post

win-win negotiation

Break a Competitive Cycle with Win-Win Negotiation Strategies

| | Win-Win Negotiations

Negotiators seeking to break through the mythical fixed-pie mindset can try the following three proven strategies, suggested by Max Bazerman for finding mutually beneficial tradeoffs. … Read This Post

disputes

Employee Grievances: Are Most Legal Disputes Resolved in Litigation or Arbitration?

| | Dispute Resolution

A common question asked is, “If most legal disputes are resolved in litigation, is there room for arbitration or mediation?” … Read This Post