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Negotiation Innovation

Author: Christopher Meyer

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Everyone negotiates. You may think that it’s the realm of the salesperson, or the business executive, or lawyer, but every single person encounters a number of negotiations on a daily basis. Every human interaction has the possibility of some gain if we are willing to look for it. The key to finding success in your interactions is changing your mindset. Because it’s not about winning or losing—it’s about getting what you really want.

New episodes every Tuesday.
32 Episodes
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Proper Preparation

Proper Preparation

2020-08-1117:11

Everyone prepares for a negotiation. But the way you prepare can have a big impact on the process and the outcomes. In this episode, I describe a preparation method that addresses, the Why (Interests and Gains) for your negotiation, the What (the information, both known and unknown), and the How (value creation through interdependence). Consistently applying this method for preparation will have a positive impact on your negotiations.
This episode looks back at some things we have learned in the five months of working from home. I focus on on some the positives and negatives of virtual human interaction with some suggestions for successfully managing your virtual negotiations. The original episode that addresses virtual negotiation was published on March 12, 2020 (if you want to go back and listen - you do. Go back... Listen.).
Holistic Negotiation

Holistic Negotiation

2020-07-2817:52

There is a win-lose dichotomy in society and business. Either you are a winner, or you are a loser. Much of the time your previous training in negotiation, whether that is formal training or experiential training, focuses on the position that you are trying to achieve. The position is the actualization of the real reason that you are negotiating. It is one way, based on your biases, to achieve the desired end state. The struggle comes from not understanding that there is something beneath and behind the position called the interest. This episode brings together some of the ideas from the past five episodes to present a holistic strategy to understand and articulate your interest, and achieve more from your interactions.
Concede to Gain

Concede to Gain

2020-07-2117:22

One of the most overlooked aspects of our negotiations, but also one of the most powerful aspects, are concessions. Understanding and using concessions to move the negotiation toward better outcomes is an advanced skill. In this episode I talk about some strategies to use concessions to add value to your outcome.
Settle for More

Settle for More

2020-07-1417:32

Making two changes in the way you approach your negotiation can have a big impact. Control your motivation going in and the emotional content during the interaction and you can dramatically impact trust, your relationship, and your outcomes. This episode talks about some strategy to help you manage these two important aspects of your negotiation. 
Whether you approach your negotiation with a munificence or a scarcity mindset makes a big difference in the creativity of the outcome, the positions you take, the information you share, and your outcome. This episode will help you understand your mindset, and the consequences it carries.
Building Value

Building Value

2020-06-3017:44

Once you have your goals identified, the negotiation doesn't get easier. You need to understand the goals of the other parties and work to satisfy those goals if you really want to be a great negotiator. In this episode I compare some of the older theories about negotiation to current understanding, to give you an advantage as a deal maker.
The Right Goals

The Right Goals

2020-06-2316:43

The right goals in your negotiation can impact the outcome for all involved. You need to understand the importance of empathy and perspective taking in your negotiation to maximize your outcomes. This episode focuses on the importance of that understanding for leveraging your interdependence to gain.
I get a benefit from my skin color and heritage from this world. This has to stop. Our interactions would be better in all instances if people received the same treatment, rather than the systemic injustice pervasive in the world today. These are some ideas about how to address the problem.
Risk Tolerance

Risk Tolerance

2020-06-0917:58

Every decision that we make is filtered through our tolerance for risk. Some have a high tolerance for risk, while others are risk averse. This comes from our personality, but also a lot is dependent on our upbringing and whether we have faced risk in the past. Some of us were raised in an environment that supported and even celebrated risk taking, while others were rewarded for making the safe choice. One thing is certain, the payoff for the activity comes in to play when we are deciding whether or not to take a risk. Issues that are representative of closely held values make it easier to take risks.
Justice

Justice

2020-06-0217:33

Justice is an imperative in today's world. It goes deeper than just what someone gets in comparison with what they deserve. I talk about the connection between perceptions of justice and treatment that is consistent with dignity and respect. We won't move forward as a community/organization until human dignity and respect is an important value for us.
As organizations make critical decisions about work-from-home standards for the future, individuals are in the difficult position of diminishing interactions and relationships. This lack of interaction may seem like a blessing for introverts and a difficulty for extroverts, but that isn't accurate. There is good and bad in work-from-home, but we need to manage relationship building if we don't want the bad to outweigh the good.
All or Nothing

All or Nothing

2020-05-1917:111

Get beyond the common problem of all or nothing thinking in your day-to-day interactions. Implement some contingent thinking to expand your possibilities and to push into creative solutions to the problems facing the world today.
Mental Health

Mental Health

2020-05-1223:50

This is part 2 of my discussion with Wesley Walker, Licensed Professional Counselor and Psychotherapist. In this episode our discussion focuses on the ongoing impact of COVID19 on mental health. We talk about impacts for individuals, as well as organizations. 
Return from Loss

Return from Loss

2020-05-0519:17

In this episode I'm joined by Wesley Walker, Licensed Professional Counselor and Psychotherapist, to discuss some pressing issues facing employers and employees as the economy slowly returns to work. We talk about how quickly we should get back to our organizations and our communities, how to balance economic and health issues, and the best ways to cope with a return to work.
Burn the Ships

Burn the Ships

2020-04-2817:51

As we prepare to leave our shelter in place, don't just go back to the old way of doing business. Burn the ships, remove your easy retreat and the issues that aren't important. Move forward with a purpose!
Managing Stress

Managing Stress

2020-04-2117:361

Negotiations are stress-filled at the moment, but stress is always with us. Today's stress is different, but there are some methods that can be applied to manage stress in negotiations regardless of the source of the stress. In this episode, I give you five steps to address the stress in your interactions and get to better outcomes.
Recovery

Recovery

2020-04-1417:58

None of us has negotiated post-pandemic. However, we do have research about how the way you approach the negotiation impacts your interaction. In this episode I apply research on Loss Framing and Gain Framing in negotiation to our interactions when shelter-in-place rules are lifted. Hopefully this will help you produce better outcomes when the economy starts moving again.
Survival Mode

Survival Mode

2020-04-0717:36

Negotiating from a place of survival is necessary at times, but there are costs. Rather than focusing on survival, and the anxiety or negative emotions that come with it, focus on your interests. By focusing on the interest in the negotiation and setting goals that support that interest,  negotiators can maintain cognitive flexibility and employ better critical thinking and creative problem solving to achieve better outcomes.
We are often faced with a decision between different paths that are equally valid. Oftentimes in negotiation, these decisions are choices between people and profits. How do we make decisions so that we don't harm our reputation or harm other parties to the negotiation, while maintaining our ethics and achieving our outcome? In this episode, I will give you a framework for thinking about these decisions and some guidance on principles to make the best decision.
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