Negotiation is a process that requires patience and endurance. It is not about reaching an agreement quickly, but about following a structured path that leads to effective results.
What are the phases of negotiation?
Planning: the key to success
The first step in any successful negotiation is planning. Before sitting down at the negotiating table, we must be clear about our ultimate goal and what we are willing to give up.
It is important to research and gather relevant information about the other party and keep in mind possible alternative solutions.
How to use the right tactics?
Once we are clear about our plan, it is time to implement the right tactics. These tactics may include the use of persuasion, empathy or even setting clear boundaries.
It is important to adapt our tactics according to the circumstances and to take into account possible obstacles that may arise during the negotiation.
What is the importance of closing?
Closing is the crucial moment when an agreement is reached. It is critical to close the negotiation in a way that is satisfactory to both parties and to ensure that all important aspects have been discussed and agreed upon.
This is where the final agreement is signed and the terms and conditions are established.
Why is execution important?
Many negotiations fail because they do not follow through with the execution of what has been agreed. Execution is the final step and consists of carrying out the actions necessary to fulfill the commitments made during the negotiation.
It is essential to ensure that adequate resources are allocated and that there is constant follow-up to ensure that everything is carried out as agreed.
Contribution created with input from: Victor Garcia
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