After Hours

The Art of Negotiation

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Apr 28, 2021
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INSIGHT

Negotiation as Human Interaction

  • Negotiation is a constant process of human interaction, extending beyond formal settings.
  • It involves understanding diverse perspectives and finding agreements, not just focusing on deal terms.
ADVICE

Understand the Other Side

  • Understand the other side's perspective and constraints before entering a negotiation.
  • Consider their interests, limitations, and potential justifications to increase your chances of success.
ADVICE

Transparency vs. Holding Back

  • Be transparent about your priorities and what you value most when negotiating with someone you trust.
  • In situations with mistrust, strategically hold back some information to avoid it being used against you.
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