"No one is harder on a talented person than the person themselves" - Linda Wilkinson ; "Trust your guts and don't follow the herd" ; "Validate direction not destination" ;

July 24, 2023

Negotiation for Life :)

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Talk #1

Margaret Neale: Negotiation: Getting What You Want

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  • Negotiation can improve one's career and life significantly.
  • Negotiation should be viewed as a problem-solving approach.
  • The goal of a negotiation should be a good deal.
  • It's crucial to know alternatives, reservation price, and aspiration.
  • Four steps of negotiation include assess, prepare, ask, package.
  • Understanding the counterpart's interests is crucial during a negotiation.
  • Bringing unique information allows you to negotiate effectively.
  • Proper planning brings successful negotiation outcomes.
  • Practicing negotiation in lower-risk situations builds confidence.
  • Learning from both successful and failed negotiations is important.
  • Negotiation is seen as a tool to create value for both parties.
  • Continuous practice leads to expertise in negotiation.

Talk #2

"Negotiating with Emotion" with HBS Online Professor Mike Wheeler

  • Observing team dynamics can give insight in negotiations.
  • Non-verbal signals can reveal truth in negotiations.
  • Preparation also involves being in the right emotional state for negotiation.
  • Successful negotiators are both calm and alert.
  • Preemptively identifying personal triggers can aid in negotiation.
  • Emotional preparation in negotiation should not be skipped.
  • Skill of being assertive and amicable simultaneously exists.
  • Confidence at the negotiation table can come from personal abilities.
  • Emotional expressiveness can prompt reciprocity from the other party.
  • In remote negotiations, attempt small talk for better outcomes.
  • Naming a problem can rectify it when negotiating under time pressures.
  • Larger representation doesn't always equate to larger power.
  • Paying attention to process can speed up negotiation.
  • Two different negotiation styles can find middle ground by discussing process.

Many things in life need a lot of perseverance, grit, passion, empathy :)

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