As I was browsing the web, I came across a interesting article. It talks about 5 Negotiation Mistakes To Avoid within a business setting. This includes asking for a pay raise, or being head of a business deal, negotiation is an important part of business. One must put a lot of emphasis on it.
Molly Fletcher shared these five negotiating don't.
1 - Don't make assumptions. Preparation is highly important when entering a business room, this includes more than knowing facts and numbers. One must know different scenarios from both parties, as this may indicate preparation.
2 - Don't Rush through it. Prior to making the deal, one must display patience, and build a bond. This may potentially lead to making the negotiation. "A negotiation doesn't have to happen all at once," Fletcher said.
3 - Don't take anything personally. It is easy for us to use emotions within a business setting. You must control this, and separate business from personal life.
4 - Don't accept a bad deal. Don not agree just get a deal. The negotiating process is long and tiring. Display patience, results may just show.
5 - Don't over-negotiate. This boils down to power within the negotiating process. One must look at all the alternatives and outcomes to what power one possesses. The deal may come, but at what expense.
Sincerely,
Zinny
Molly Fletcher shared these five negotiating don't.
1 - Don't make assumptions. Preparation is highly important when entering a business room, this includes more than knowing facts and numbers. One must know different scenarios from both parties, as this may indicate preparation.
2 - Don't Rush through it. Prior to making the deal, one must display patience, and build a bond. This may potentially lead to making the negotiation. "A negotiation doesn't have to happen all at once," Fletcher said.
3 - Don't take anything personally. It is easy for us to use emotions within a business setting. You must control this, and separate business from personal life.
4 - Don't accept a bad deal. Don not agree just get a deal. The negotiating process is long and tiring. Display patience, results may just show.
5 - Don't over-negotiate. This boils down to power within the negotiating process. One must look at all the alternatives and outcomes to what power one possesses. The deal may come, but at what expense.
Sincerely,
Zinny