Notes on Negotiation Skills with Examples and Explanations
These notes provide a detailed overview of negotiation skills, including stages, key considerations, and an exercise for practical application
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Notes on Negotiation Skills with Examples and Explanations
How to Negotiate effectively Introduction to Negotiation Skills: Negotiation skills are essential in various aspects of life, including business, politics, and personal interactions. Negotiation is the process of discussion between two or more parties with differing interests or viewpoints, aiming to find a solution or reach a compromise to a common problem. It is a method for settling differences while avoiding arguments and conflicts. Negotiation skills can be particularly valuable in situations such as haggling over prices, salary negotiations, conflict resolution, and seeking better services. Stages of Negotiation: 1. Preparation The negotiation process begins with thorough preparation. During this stage, it is essential to gather all relevant facts and information about the situation to clarify your own position. This preparation helps prevent wasting time and ensures you are well-informed. Example: Before negotiating a salary increase with your employer, you research industry salary …
