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Lesson 2: Advanced Techniques in Negotiation Tactics Skills

negotiation skills
Negotiation Skills
professional skills
Professional Skills

Objective:

The objective of this lesson is to equip learners with advanced negotiation tactics skills, enabling them to engage in sophisticated and nuanced negotiations. By the end of this lesson, participants will understand in-depth negotiation strategies, identify non-verbal cues, leverage psychological tools, and navigate complex multi-party negotiations, all while employing ethical standards.

Comprehensive Content Overview:

Negotiation tactics skills involve a blend of communication, psychology, strategy, and conflict resolution. To master negotiation, one must understand the following advanced techniques:

  • Strategic Preparation.
  • Utilizing Leverage.
  • Effective Communication.
  • Psychological Influences.
  • Multi-party Negotiation Dynamics.
  • Closing Techniques.

In-depth Explanations with Actionable Insights:

Strategic Preparation: Before entering negotiations, research the other party thoroughly, including their goals, pressures, constraints, and alternatives. Create a clear list of your own objectives, alternatives, and bottom line.

Example: In a job salary negotiation, research industry standards and prepare a list of your accomplishments that justify your desired salary.

Utilizing Leverage: Leverage is the advantage that helps you influence the negotiation. It can be information, market conditions, or alternative options you possess.

Example: If you’re negotiating a contract and know that the seller has failed to secure other buyers, you can use this as leverage for a lower price.

Effective Communication: Active listening and clear articulation are key. Use mirroring techniques by repeating the last few words spoken by the other party to show empathy and understanding.

Example: When a vendor says, ...

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