AI meets Negotiation Expertise

<p>The art and science of negotiation is undergoing its biggest transformation in decades.<br />Our research, involving 120 experienced negotiators in complex business deal simulations, demonstrates that LLMs fundamentally change negotiation dynamics.<br />When only one party has access to LLM support, they achieve notably better outcomes: buyers gained 48.2% and sellers 40.6% more value compared to their counterparts.<br />Even more compelling, when both parties use LLM support effectively, joint gains increase by 84.4% compared to traditional negotiations.<br />However, achieving these results requires mastering both negotiation fundamentals and LLM capabilities. Neither alone is sufficient.</p>

Programming AI Agent Values: The Strategic Choice Behind Every AI Negotiation

Send us a text When deploying AI negotiation assistants, organizations face a fundamental question: should your agent extract maximum value or seek fair, mutually beneficial outcomes? This isn't a technical decision—it's philosophical, reflecting your company's approach to relationships and value creation. In this episode with Prof. Remi Smolinski, we explore how sales teams use integrative approaches to move beyond price discussions, while procurement requires sophisticated routing using the...

09-18
09:08

How Training Reduces Friction and Improves AI Adoption

Send us a text In this second of three episodes based on my conversation with Professor Remi Smolinski, we share how targeted training and coaching reduce friction and build the confidence teams need to adopt AI in everyday negotiations. If you enjoyed this episode, please leave a review and check out our website: www.negoai.ai I welcome any suggestions, questions, or comments at yrana@negoai.ai -------------------------------------------------------------------------------...

08-29
08:00

Why AI Gives Negotiators 48% Better Outcomes (Even Without Trust)

Send us a text In this first of three episodes based on my conversation with negotiation expert Remi Smolinski, I share key insights about how AI transforms negotiation outcomes. Based on research with 120+ executives, we discuss why negotiators using large language models achieve 40-48% better individual results and 84% better joint outcomes - even without building trust first. I explain the practical workflow systems I've developed for sales and procurement teams and why symmetric AI adopti...

08-20
08:36

When AI disrupts Premium Consulting_The McKinsey Perspective

Send us a text McKinsey faces a paradigm shift when PharmaCrest Global deploys AI to challenge their $18.5 million consulting proposal. Part two of our negotiation analysis examines how established consulting firms adapt when clients use AI tools that complete market analysis in two hours versus their traditional two-week timeline. This episode explores McKinsey's strategic response to AI-empowered buyers who arrive prepared with multi-agent workflows, leverage analysis, and outcome-based pri...

07-22
14:47

The McKinsey Negotiation: When AI disrupts Premium Consulting

Send us a text PharmaCrest Global uses AI to transform a $18.5 million McKinsey negotiation. When internal AI tools complete market analysis in two hours versus McKinsey's two weeks, the power dynamic shifts dramatically. This episode demonstrates how AI disrupts traditional consulting relationships and empowers buyers in high-stakes negotiations. We examine the preparation process using multi-agent AI workflows to analyze leverage points, predict scenarios, and develop outcome-based pricing ...

07-03
15:28

AI Analyzes M&A Negotiations

Send us a text Explore how AI transforms negotiation analysis through a real-world case study. We examine the 2008 Tata Motors acquisition of Jaguar Land Rover from Ford using two specialized AI assistants: Erin for cross-cultural management and Deepak for negotiation preparation. Discover how AI identified key cultural challenges facing an Indian company acquiring iconic British luxury brands, analyzed stakeholder interests across multiple parties, and generated creative solutions like the "...

06-06
10:52

System Instructions for Microsoft Copilot

Send us a text The second problem we have to tackle is how to distill a comprehensive negotiation assistant into less than 10,000 characters for Microsoft Copilot. If you enjoyed this episode, please leave a review and check out our website: www.negoai.ai I welcome any suggestions, questions, or comments at yrana@negoai.ai -------------------------------------------------------------------------------------------------- Copyright Disclaimer Under Section 107 of the Copyright Act 1976, ...

05-20
03:54

Beyond the Headline: Enhancing Behavioral Insights with LinkedIn Data

Send us a text One problem we are facing in Cassidy is that whenever we scrape a LinkedIn profile with the built-in scraper, the information is limited to the headings. If you enjoyed this episode, please leave a review and check out our website: www.negoai.ai I welcome any suggestions, questions, or comments at yrana@negoai.ai -------------------------------------------------------------------------------------------------- Copyright Disclaimer Under Section 107 of the Copyright Act 1...

05-14
02:44

Building Trustworthy AI Negotiation Assistants, One Commitment at a Time

Send us a text Today, we're diving into the very foundation of NegoAI: our Ethos. We developed this Ethos because, in the critical environment of complex negotiation, your absolute trust in your AI assistant is essential. Understanding these core beliefs and ethical commitments isn't just important – it's key to leveraging our intelligent assistants with complete confidence and strategic clarity in every negotiation scenario. Think of this Ethos as the principles that ensure NegoAI is your tr...

05-08
06:07

Building a Negotiation Workflow

Send us a text Today, we're back in Cassidy showing you a comprehensive workflow that builds on what we did two weeks ago with the behavioral agents, now integrated with Deepak, our negotiation preparation assistant. If you enjoyed this episode, please leave a review and check out our website: www.negoai.ai I welcome any suggestions, questions, or comments at yrana@negoai.ai -------------------------------------------------------------------------------------------------- Copyrig...

04-22
03:32

Negotiation Preparation with Deepak AI

Send us a text This week, I demonstrate how to use Deepak, our AI negotiation preparation assistant, to analyze scenarios efficiently and develop strategic insights. If you enjoyed this episode, please leave a review and check out our website: www.negoai.ai I welcome any suggestions, questions, or comments at yrana@negoai.ai -------------------------------------------------------------------------------------------------- Copyright Disclaimer Under Section 107 of the Copyright Act 1976...

04-17
06:35

AI Agents for Negotiation Intelligence

Send us a text In this week's podcast, I demonstrate how to build custom AI agents that analyze LinkedIn profiles for personality assessment and negotiation strategy development - potentially replacing paid tools with tailored solutions. If you enjoyed this episode, please leave a review and check out our website: www.negoai.ai I welcome any suggestions, questions, or comments at yrana@negoai.ai -------------------------------------------------------------------------------------------...

04-10
05:27

The Art of Value Creation: Moving Beyond the Fixed-Pie

Send us a text What if I told you that most negotiators leave significant value on the table due to one common misconception? Research shows that many fall into the 'fixed-pie bias' - assuming there's only a set amount of value to be divided, leading them to focus on claiming rather than creating value. If you enjoyed this episode, please leave a review and check out our website: www.negoai.ai I welcome any suggestions, questions, or comments at yrana@negoai.ai ------------------------...

04-03
12:18

From Theory to Practice: Applying AI to Negotiation Fundamentals

Send us a text Over the past month, we've explored how AI fundamentally transforms negotiation dynamics and outcomes. Today, we'll connect these foundational concepts and demonstrate how to integrate them into your preparation process. If you enjoyed this episode, please leave a review and check out our website: www.negoai.ai I welcome any suggestions, questions, or comments at yrana@negoai.ai ---------------------------------------------------------------------------------------------...

03-27
13:00

The Hidden Zone Where Deals Happen: Mastering ZOPA in Negotiations

Send us a text The Zone of Possible Agreement (ZOPA) represents the range where deals are possible - it's the space between the seller's minimum acceptable price and the buyer's maximum acceptable price. Think of it as the overlap between what you're willing to accept and what the other party is willing to offer. Your success in negotiations isn't just about finding any deal within the ZOPA - it's about maximizing value creation while reaching a mutually beneficial agreement. AI now tra...

03-20
09:25

Understanding Your Power: BATNA and Leverage in Negotiations

Send us a text Did you know that leverage in negotiations isn't just about facts or power - it's primarily about perception? Research shows that leverage is determined by which party feels they have more at stake if no agreement is reached. The stronger their need for a deal and concern about walking away empty-handed, compared to yours, the greater your negotiating advantage. Let me share how understanding BATNA and leverage can transform your negotiation outcomes. If you enjoyed this ep...

03-07
08:59

Understanding Interests in Negotiation

Send us a text What's the biggest mistake most negotiators make? During preparation, they focus entirely on their own goals and perspective. Most spend their time thinking only about what they want to achieve, without considering the other party's perspective. Then, during the actual negotiation, they get stuck focusing on the other party's demands, never exploring the underlying interests that drive those demands. Let me show you how to change this. If you enjoyed this episode, pleas...

02-21
08:06

The Future of Negotiation: When AI Joins the Table

Send us a text Research examining how artificial intelligence affects business negotiations has yielded significant findings. An experiment with 120 experienced negotiators simulating complex business deals reveals three fundamental insights about using Large Language Models (LLMs) in negotiations. First, LLM assistance provides substantial competitive advantages. When only one party had access to LLM support, they achieved notably better outcomes - buyers gained 48.2% and sellers 40.6% more ...

02-07
04:58

US Steel - Nippon Steel: When Political Timing and Stakeholder Engagement Make or Break a Negotiation

Send us a text In December 2023, US Steel surprised the American industrial landscape by announcing its agreement to be acquired by Japan's Nippon Steel for $14.1 billion. However, what started as a straightforward merger soon became entangled in presidential politics, union opposition, and national security debates. In this episode, we'll explore the key factors and critical moments that have shaped these complex negotiations. If you enjoyed this episode, please leave a review...

10-31
18:22

The strategic negotiations behind the Allergan-Actavis merger amidst Valeant's hostile takeover bid.

Send us a text In this episode, we'll explore the 66 billion $ merger negotiations between Allergan and Actavis, and the hostile takeover attempt by Valeant. Joining me again is my special co-host, Alex, an advanced Artificial Intelligence known as ChatGPT. Alex brings a unique perspective to our analysis, harnessing the power of AI to deepen our conversation. If you enjoyed this episode, please leave a review and check out our website: www.negoai.ai I welcome any su...

07-18
18:17

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