Negotiate Like a P.R.O.

Whether you're negotiating a peace settlement in a war-torn country or a peace settlement in an argument-ravaged relationship, strong preparation is the key to success.

The following three steps will help you establish the three keys to your preparation - why you are involved in the negotiation, how you intend to conduct the negotiation, and what are the specific outcomes you are hoping to agree upon.

1. Purpose

Knowing why you are engaged in a negotiation may seem obvious in some situations (to buy a lamp, to stop a fight, etc.), but more complex negotiations generally have more complex purposes.

Ask yourself:

-Why am I negotiating?

-What are the potential benefits?

-What do I ultimately hope to achieve?

2. Result/Relationship Balance

A "transaction" is high result/low relationship - we get what we want, and the other person is incidental to the exchange. Buying a used car is generally a "transaction".

"Relationship-builders" are meetings, calls, and exchanges of value where developing the relationship between the two parties is far more important than the actual tangible "result" outcome. Early meetings in any project are usually "relationship-builders" - what gets done is far less important than connections being made.

A true "Deal" is where there is a high emphasis on both getting what you want and enhancing your relationship for the future - this "win/win" thinking takes more time and effort, but is essential in any sort of long-term agreement. Successful political (and marital!) negotiations are always predicated on achieving this balance.

Give yourself the following test:

If you had 20 points to distribute between creating the Result you want and enhancing the Relationship, how would you do it?

Example (Result/Relationship):

15/5 - Transaction

5/15 - Relationship builder

10/10 - Deal

3. Outcomes and Options

When it comes to negotiation, having a clear outcome, goal, or target in mind has been shown to be one of the primary determinants in how things come out.

Ask yourself the following questions:

-What specifically do I want?

-What specifically do I think they want?

-What are some plausible options that will get us both what we want?

Bonus Tip: If you're using this to prepare for an important negotiation, take some extra time to answer the questions AS IF you were the other person in the negotiation. You will be pleasantly surprised at the insights you gain from this process.

Have fun, learn heaps, and the next time you negotiate, do it like a P.R.O.!

Michael Neill is a licensed Master Trainer of NLP and has written over 450 articles on in the areas of business success, money, relationships, health, happiness, well-being, and spirituality. His weekly coaching column is reprinted in newspapers and magazines throughout the world, and can be found online at http://www.geniuscatalyst.com

In The News:


Sydney Morning Herald

With IC-814 in memory, India didn’t talk to terrorists
Moneycontrol.com, India - 5 hours ago
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TechRepublic, KY - 1 hour ago
Have you ever won over a potential client with a perfect presentation but lost them at the negotiation table? Rick Freedman describes what can go wrong and ...

New York Times

Assemblyman slams Yankee Stadium deal
Lower Hudson Journal news, NY - 8 hours ago
"This negotiation was taking place at a time when the Yankees were dramatically raising ticket prices, while the state and the city were giving essentially ...
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"Negotiation is a crucially important skill for athletic directors," says Dave Mullins, director of athletics at East Tennessee State University. ...

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T+D, VA - 1 hour ago
Know your value, and have your own goals for the negotiation clearly in mind. Go into negotiation knowing your bottom-line requirements, ...

Zimbabwe Times

Negotiation time is over, Mugabe must now be removed
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Women would have found solution by now Zimbabwe Times
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Jamaica Observer, Jamaica - 11 hours ago
There are always significant issues in salary negotiations and settlements. This is true for both sides sitting around the negotiation table. ...

ABC News

Apple's negotiation with Beatles put on hold
MacNN, CA - Nov 25, 2008
Paul McCartney has said that the negotiations to bring the Beatles' music onto iTunes have encountered problems, according to the Associated Press. ...
Paul McCartney: Negotiation stalled between Beatles, iTunes AZ Central.com
Beatles on iTunes: negotiations stall Q4Music
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Hossa a Holland Favourite to Stay
Rotoworld.com - Nov 30, 2008
Hossa, Franzen, and Zetterberg's contracts are up for negotiation after this season and Detroit can't keep them all. Sources claim GM Ken Holland wants to ...

How to negotiate for the best bargains and pay for less
Business Daily Africa, Kenya - 21 hours ago
Anything was up for negotiation, unless of course it was somewhere like in the supermarket. But even then, I wondered if the prices had been up for ...
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