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Hone Your Skills - Negotiating: Turn that 'No' into a "Yes'

Deborah M. Kolb, PhD, Judith williams, PhD and Carol Frohlinger, JD
by WorkingWomen2000.com

Negotiation is the currency of business. It's the way we resolve conflicting priorities or manage multiple demands on our time. In fact, whenever we need something from someone else—a job, more cooperation, more time, or more money—we negotiate. It pays to hone your negotiating skills.

Do your homework. With the right information at your fingertips—such as comparative salaries, market trend data, or performance evaluations—you can build a solid case, confident that the demands you are making are reasonable and that you have the ammunition to support them.

Develop alternatives. Ask yourself what you will do if you can't reach an agreement that meets your needs with this person at this time. What other options do you have? If your alternatives are good—say, another job prospect—you are not captive of an imposed solution that comes up short. You can objectively weigh what's best for you. To be effective, however, these alternatives need to be more than wishful thinking.

Create multiple proposals. There's more than one way to skin a cat. You can be flexible on the means of achieving your goals without compromising those goals. Be creative and come up with multiple proposals that satisfy your needs. Given only one proposal, the other party has a single choice: yes or no. Increase those options and you improve the chances of reaching agreement.

Click here for Bargain.com! Make your value visible. For your value to influence a negotiation, you must take concrete steps to ensure that it is right there on the table to see—a glowing letter from a happy client, the quarter's latest figures, etc. When a woman's work disappears—as it often does—so do influence and bargaining power.

Expect challenges. Everyone wants an edge in a negotiation. Challenges are intended to put you on the defensive—and keep you there. They are also predictable. Anticipate how the other person is liable to react and think of specific ways to respond. When your credentials or motives are misinterpreted, set the record straight. If the other side attempts to make you the problem, shift the focus to the real problem and offer a solution. If caught off-guard, interrupt the action—take a break or reschedule.

Engage the other person. The best negotiations are exercises in two-way communication. Needs exist on both sides of the table. Perspectives, feelings, and ideas differ. By showing appreciation for these differences, you put the other person more at ease in talking about them. As shared understanding increases, you stop pulling against each other and start working together toward a mutual solution.

'No' is only the beginning. Many negotiations begin with a resounding 'No.' To get past that no, you must first see the possibility of a yes. Seemingly no-win situations can often be turned around. Negotiation is always, or almost always, a possibility.
 

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