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Negotiating for Success 
September 2014 
In this issue...
Tutorial: Tune in to the other side's perspectives
Blog: Get real with your emotions
How would you handle this negotiating issue? Earn course credit
WSJ article: Marty & colleague quoted
NYC open courses: Oct. 28-31 & Jan. 20-23
Meet our
lead tutors
Sandy Sbarra
Rich Waldrop
Simon Letchford
Jill Campen
Gaetan Pellerin
Jerry Langlois

Associate tutors

Ananda Laberge 

Ross LaGumina 

John Leehman 

Julie Shen   

 

Open courses Gaetan Pellerin presenting All courses are
Advancing Negotiation Skills (ANS) unless
otherwise indicated.

Parsippany
-Oct. 6-9
-Nov. 10-13
-Dec. 1-2 (ANS2)
-Dec. 8-11
-Feb. 16-19
-March 16-19

San Francisco area
-Oct. 27-30 
-Feb. 2-5 

New York City
-Oct. 28-31
-Jan. 20-23    

Charlotte, NC 
Nov. 3-6   

Toronto
Nov. 10-13

Houston
Nov. 17-20

Raleigh, NC
Dec. 1-4

Columbus, OH
Dec. 8-11 

Chicago
March 2-5   
 
 





CEO's message: Stop negotiating with yourself                                  
 

   

"They'll never go for that." Are you sure? Or is it your self-fulfilling--and potentially self-defeating--prophecy?

 

Never assume what those on the other side will or won't do. For example, if you're a buyer who doubts that the supplier will agree to a modest 2% price hike for the coming year (a wish-list item), you could ask, "Under what circumstances could we be given a 2% increase for the next 12 months?" The supplier might okay this price as long as you sign a two-year contract--which may very well suit your company's requirements.

 

So don't negotiate with yourself in an attempt to figure out the other party's point of view. Think about the right questions to ask. (See tutorial, Tune in to the other side's perspectives.) The answers may surprise you and open up additional options for achieving your goals.

 

    Marty Finkle  

 

 



Marty Finkle, CEO      
  

Tutorial: Tune in to the other side's perspectives     
   
By better understanding where your negotiating partner is coming from, you can avoid erroneous assumptions, develop more effective proposals and shorten the negotiation time.


Follow these steps: 
  1. Clarify your own objectives.
  2. Determine, as best you can, the other side's objectives.
  3. Assign people on your negotiating team to roles (leader, observer and summarizer) best suited to their strengths, which will ensure that your team is listening carefully for signals from the other party.
  4. Figure out how to approach the other party and test your assumptions by designing questions that will get you the answers you're looking for. 
T
hese actions will facilitate a robust dialogue with the other side and help you achieve better outcomes.  Need more guidance? Contact us. 
Blog: Get real with your emotions               

 

Afraid of letting your emotions get the best of you in a negotiation?  

 

By acknowledging and analyzing your emotions, you can better connect with the other party and achieve more meaningful outcomes.  

 

Learn how in Gaëtan Pellerin's blog. 

How would you handle this negotiating issue? Earn $500 course credit
                               
Selecting the right negotiation strategy isn't always easy--especially when you uncover surprising information about the other side. Check out the scenario below:

 

 

 

What would you do? 

  • As the supplier, you recently offered the buyer what you believed was a fair 3% price increase tagged to the inflation rate.
  • The buyer immediately rejected your proposal, explaining that two other suppliers had offered a lower price, equivalent to a 5% reduction in your price from last year.
  • Now, a week later, you find out through a third party that the buyer wasn't telling the truth and never got any other offers. 

Explain your solution in 200 words or less. The individual with the best response will win a $500 credit toward any Scotwork course or consulting service.  

 

Email us with "solution" in the subject line by Oct. 10.   

WSJ article: Marty & colleague quoted on management practices                        

 

Marty Finkle and course administrator, Stacy Carr, were quoted in a Sept. 24 Wall Street Journal column, "Making Excuses That Actually Work," sharing their experiences dealing with a vendor.  

NYC open courses: Oct. 28-31 and Jan. 20-23                    

Sandy Sbarra Scotwork's gold-standard Advancing Negotiation Skills (ANS) course will come to Manhattan for the first time on Oct. 28-31. Due to the high demand, a second session has been added for Jan. 20-23. 

 

Seats are filling up quickly. Register now.  

Scotwork NA tutors: speaking at forums nationwide    
               

Oct. 9, 8 a.m. to noon (Parsippany)

"Gain Power in Negotiation Through Incredible Preparation" (Morris County, NJ Chamber) with Marty Finkle.   Register.

 

 

 Oct. 15, 3:40 to 4:40 p.m.  (Chicago)

"Achieving Success in Global Negotiation" (International Association for Contract & Commercial Management panel) with Rich Waldrop. Learn more.    

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