Join Tatiana Kolovou for an in-depth discussion in this video Negotiating your needs, part of Communication Tips Weekly.
- Not long ago, a young professional asked for my advice about applying for an MBA program her employer was going to pay for. She wanted the company to cover the entire cost regardless of the time it took for her to complete her MBA, which was against the company's reimbursement policy. Put yourself in her shoes. Should you ask for what you want anyway? Should you consider company policy and ask to be exempt? Are there any other negotiables you need to reconsider? These are each important questions to consider when you enter into a negotiation for something you want.
In negotiations that really matter, or merely receiving a discount at a store or an extra appetizer not on the menu, my negotiation strategy is always threefold. Assess yourself, assess the situation and assess your strategy. When you're thoughtful about negotiations that matter, you are more likely to be prepared and create a win-win situation. Assess your style. We all have a negotiation personality style, but still can emphasize different traits, depending on the situation.
Self-awareness can help us better prepare for the actual interaction and tailor our approach using these options. The Diplomat. The diplomat will be an attentive listener, brings a softer approach to a negotiation, is tolerant of opinions different than her own, but may fail to focus on her own interests and priorities. Diplomats are known to lose battles so that they can win wars. If the focus is on conceding to the other person's needs, or building the relationship with your boss, being a diplomat may help you in the long run.
The Warrior. The warrior knows her needs. She stays focused on the task at hand, is not distracted by the drama and emotion of a situation. In negotiation situations where the relationship stakes are low, it's fun to be a warrior. For example, buying a car or a house, where you are the customer and you could walk away at any time. The Cooperator. The cooperator finds maximum value in every negotiation, and makes sure that he and his counterpart each get their fair share.
Unlike the diplomat, the cooperator will not give more than he takes, but will find value for both parties involved. Being a cooperator may be more appropriate when you're dealing with colleagues and customers. Assess the situation. As you enter in a negotiation, know exactly what is the most important part of your ask. You need to know what you will be flexible about, what you'll give up, and what are your non-negotiables. All this is essentially important in negotiation, raises, work schedules, contracts.
Take some time to think of the level of trust you have with the other party. The higher the trust, the more you will be able to disclose. The lower the trust, the more information you should keep to yourself. Take the temperature of the scene. Is this a time where others are making similar asks? Is this the right time in the day, the week, the quarter to be making this ask? Has the person you're negotiating with been overwhelmed with other requests, or is he or she under stress? Truthfully this doesn't matter if you're negotiating for a change in your mobile phone plan, but it's crucial when thinking of client- and work-related situations.
Are you approaching the right person? Sometimes the person you negotiate with is not the one equipped to make the decision. Starting a conversation about something they cannot change is not worth your time. Consider approaching them for advice, and use it to take your ask to the right person. Gather information. When you walk into a negotiation, you need to already have all the facts. Do your homework, look for comparison data. For example, if you're comparing travel days with another department, ask people about past history of similar negotiations so that you can be better prepared.
Assess your strategy. Look to past history. Was your last negotiation with this person a successful one? Did it build the relationship, or was this a one-time ask? Depending on the situation you can be flexible on the negotiation style you use. Consider what's in it for them. When you approach someone with their benefit in mind, they're more likely to be open to your idea. Even when you're asking your boss for a raise, and you can highlight the value you bring to the department's overall success, or the ways that you make their work easier.
Consider your approach. If you tend to be a diplomat, does this negotiation allow you to be more assertive and boost your chances of walking away with exactly what you need? If you're a warrior, do you need to consider toning down your approach and building the relationship? Think back to the negotiation of the MBA reimbursement. It definitely was not an easy black and white negotiation. The company had explicit policies, and they did not allow for deviation from the reimbursement policy.
However, my friend was able to negotiate for more off days, so that she could accommodate in-class attendance. This also granted her more flexibility with her schedule to take final exams, and work on projects she could incorporate into her coursework. Negotiation is a process that meets various interests and needs. If you take the three-step approach of assessing your style, the situation, and your strategy, you will be more likely to get what you ask for, and more.
- Understanding introversion and extroversion
- Persuading people
- Negotiating your needs
- Making small talk
- Saying no
- And more…
Skill Level Appropriate for all
Q: Why can't I earn a Certificate of Completion for this course?
A: We publish a new tutorial or tutorials for this course on a regular basis. We are unable to offer a Certificate of Completion because it is an ever-evolving course that is not designed to be completed. Check back often for new movies.