A negotiation is simply an exchange of offers and counteroffers between two or more parties until a mutual agreement is reached. We do this everyday, whether we realize it or not, but it can be especially important in the business world. Effective negotiation skills are necessary in order to reach agreements, resolve disputes, and achieve […]

In any job, there will be times when it’s necessary to negotiate. Whether it’s persuading your boss, pitching an idea to stakeholders, selling a product to customers, or deciding on a project deadline with colleagues, there will always be reasons to negotiate. Although some negotiations are fairly easy, others may be a bit more challenging. […]

Negotiating is challenging as it is, but things can be even more difficult when you are dealing with international business partners. It is important to take into account cultural, legal, and logistical differences. When you are negotiating with foreign partners, you will need to prepare for a variety of obstacles such as unfamiliar laws, ideologies, […]

Trust is the foundation for any successful business. Without trust, you can’t have a sustainable or successful outcome with customers, colleagues, or stakeholders. This is especially true when it comes to business negotiations. The way in which we conduct our negotiations is directly related to how we will treat the business relationship moving forward. The […]

There’s no doubt that preparation is a key component of a successful business negotiation. Beyond that, however, succeeding at the bargaining table requires the right mindset and a great deal of emotional intelligence. After all, our emotions fuel our behaviors and allow us to either strengthen or damage relationships with the people we are negotiating […]

Negotiation is an important part of business. It’s the way in which businesses form partnerships and put themselves on the right path to growth and success. Whether it’s discussing business deals, resolving conflict, or making important decisions, negotiations are a fundamental part of any business. In order for business negotiations to be successful, it requires […]

Negotiation is an important skill for any business professional who wants to achieve their goals, resolve conflicts, and build relationships. While many people focus all of their time on learning how to handle themselves during a negotiation, they forget that a negotiation does not end once you sign the contract and shake hands. Rather, it […]

You will find countless tips and articles that offer advice for how to succeed and avoid missteps at the bargaining table. However, some of the costliest mistakes and most important conversations actually happen before the negotiation begins. While it’s great to have leverage and negotiation experience, planning is equally important when it comes to striking […]

In any business negotiation, you can expect to make concessions. Negotiating is all about give and take, so it’s important to learn how to exchange value in a respectable way that encourages long-term relationships. That said, the most experienced negotiators also understand that concessions should be used sparingly and only with a defined purpose. If […]

Learning how to negotiate effectively is an important skill that requires a great deal of preparation. By planning ahead and accounting for all possible outcomes, negotiators stand a better chance of reaching their desired outcome while also setting a strong foundation for future negotiations. Negotiations can be unpredictable and challenging, so knowing when to push, […]