I have decided to start blogging again, to capture the key takeaways from my new wish; to read books.
I realised it is end of November 2024 now. But who said new wish only for beginning of the year?
Hopefully I can carry this to 2025.
Think of negotiation as baking a cake, not dividing a pie. Your goal is to create more value for everyone, not just grab the biggest slice for yourself.
Source: Blinkist.com
Five Essential Skills of Great Negotiators
Self-awareness
- Recognize your own strengths, weaknesses, and emotions during negotiations.
- Understand how your actions and words affect the other party.
Balancing Collaboration and Competition
- Find the right mix between working together and advocating for your own interests.
- Maintain professionalism while pursuing mutually beneficial solutions.
Making Impactful First Moves
- Set the tone of the negotiation with well-prepared and strategic opening statements.
- Influence the direction of the discussion positively.
Using Empathy and Creativity to Solve Problems
- Understand the needs and concerns of the other party.
- Think outside the box to find innovative solutions that address everyone's goals.
Striving for Win-Win Outcomes
- Focus on creating value for all parties involved, rather than "winning" at any cost.
- Build better outcomes and stronger, lasting relationships.
Key Insights
- Effective negotiation turns everyday interactions into opportunities for mutual benefit.
- Success in negotiation lies in fostering collaboration and trust, rather than prioritizing individual gains.