Make Sure To Look At These Two Factors When Sourcing A Business Negotiation Initiative, It Will Be A Mistake Otherwise
Equip individuals with a 'negotiation system'
Many suppliers of negotiation skills development initiatives approach negotiation training as something that is complicated rather than complex - in other words, they promote a method to negotiation that is sequential & linear (promoting for instance that there are a certain number of steps involving all negotiations).
This kind of complicated & linear approach will empower individuals & organisations with the tools to endure simple & one dimensional negotiations but will leave them dangerously unprotected in multi-party, multi-issue, complex negotiations.
It would be a good bet that most professional golfers are better golfers than their trainers. Why then do they employ trainers?
Because it is nearly impossible to analyse one's own game objectively. When at the top level of golf, as in any sport, we understand that the borders between success and failure can be very small indeed. We learn through this affiliation that the professional golfer's coach understands that his 'master's' game is mostly brilliant.
It is by paying attention to the small detail that changes in outcomes are achieved.
Business negotiation is similar to golf in many ways. To be a rounded business negotiator, one needs to have conquered all the key factors that represent leading practice in the field of negotiation.
A complete and rounded method should be followed that covers the 4 important elements of all negotiations: Vision, Value, Process & Relationship. As in golf, it is critical that we first comprehend how we react in our negotiations when under stress, before we learn to deploy new skills.
Research shows that only 5 to 25 % of the material shared during a business negotiation engagement will be retained by delegates. So as to ensure the application of negotiation best practices in the workplace it is vital that people should be given a negotiation system that serves to:
* Supplying them with a standardised negotiation preparation check list (preferably customised to support the business negotiation strategy & process).
* Provide them with easy access to all the negotiation strategies, tactics & techniques that are useful to support their negotiations.
You should safeguard not to focus on an academic training program that has little practical application within your environment. At the same time you don't want to focus on the equivalent of a street fighters negotiation program that is only directed at tactical negotiation tricks & techniques.
It is best to find a program that combines sound academically researched and validated principles with proven practical credentials.
Develop a best practice negotiation supporting network
What happens after the training program? This is a really important question.
Will you provide the delegates with 1-on-1 coaching to help them apply the best practice principles to their professional negotiations?
Will you be doing short follow up sessions at regular intervals to reinforce the learning?
Will you develop a negotiation knowledge base so delegates can access experience & information already in the library of the organisation?
As you can see, in many ways the training program is only the start of the process. To guarantee maximum savings in time, reduction in outflows and increases in profits, it is essential that you develop and instill a best and leading practice based negotiating culture within your business.
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