From the course: Strategic Negotiation
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Choosing a negotiation style
- You should be deliberate when you enter a negotiation in choosing a specific style of negotiating. The way I encourage people to look at choosing a style is first understand the importance of the relationship. That relationship can have low importance, so somebody you're just meeting for the first time and you won't have an on-going relationship with them, or high importance, this is a strategic long-term relationship. The second thing you have to look at is the importance of the outcome of that specific negotiation, from low importance, there's not a lot of value on the table, to high importance, this means a lot of money for your organization or it's a high risk outcome. And what you end up with is a two by two matrix with four different negotiating strategies. In the lower left, the first strategy we put out is splitting the pie. This style means you have a low value of the relationship, you're not going to see this…
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