The Tim Ferriss Show

#721: Master Negotiator William Ury — Proven Strategies and Amazing Stories from Warren Buffett, Nelson Mandela, Kim Jong Un, Hugo Chávez, and More

2264 snips
Feb 13, 2024
William Ury, cofounder of Harvard's Program on Negotiation, shares his expertise as a negotiation guru. He recounts pivotal moments from the Camp David Accords to high-stakes dialogues with Kim Jong-un, emphasizing the importance of empathy and understanding interests. Ury discusses strategies for emotional management, the power of silence, and practicing respect in negotiations. He also introduces the concept of BATNA for confident decision-making and highlights the art of saying 'no' while maintaining positive relationships. Prepare to gain insights that can transform how you negotiate!
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ANECDOTE

Camp David Breakthrough

  • William Ury recounts how a devising seminar led to a breakthrough at Camp David.
  • The one-text process, focusing on interests over positions, helped achieve a lasting peace treaty.
ADVICE

Victory Speech Exercise

  • Write the other side's victory speech to understand their motivations in a negotiation.
  • Help them justify their 'yes' to their stakeholders.
ANECDOTE

Dennis Rodman's Influence

  • William Ury used Dennis Rodman's insights on Kim Jong-un to understand his motivations.
  • This helped de-escalate tensions between North Korea and the U.S.
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