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Successful Negotiations

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300 Brickstone Square • Suite 201 • Andover, MA 01810 USA • 1.800.288.7246 • +1.978.649.8200 • info@corpedgroup.com N EGOTIATIONS ARE A HUGE PART of our professional and personal lives — whether you're trying to negotiate a pay raise, the price of an automobile, what restaurant you're having dinner at with your spouse, or even your child's new curfew, negotiation is a key skill at both work and at home. Check out these eight simple negotiation tips and techniques that can significantly improve your daily interactions and can be applied to just about any difficult situation. 1. Know What You Want This may sound obvious, but far too often people go into negotiations not knowing what they want to get out of them. If you know exactly what you want, you not only have less of a chance of "caving in" or settling for less than what you deserve, but you can also address your points throughout the negotiation with more conviction and authority. 2. Be Prepared We've all heard the old saying, "knowledge is power." In the case of negotiations, there couldn't be more truth to this statement! When you have done your homework for any type of negotiation, you automatically put yourself in a better position; the more you know, the better your chances are for speaking in an articulate fashion and making your key points clear and concise. It's pretty safe to say that once you make one false statement or assertion, your credibility can be lost; therefore, if you prepare adequately, you will be able to speak to many facets of the issues at hand with confidence and conviction—and you'll also give the other negotiators a reason to work a little harder! 3. Show Agreement Early Even though it's clear that you're negotiating because there is some degree of disagreement between you and the other negotiators, it is still helpful to establish common ground early on. For instance, "I think we can both agree that we have an issue that we both want to resolve today" is a good way to start the negotiation off on the right foot. It will help set a positive tone, which will help significantly later on in the negotiation when things get more intense. 4. Demonstrate What's in It for Them How can what you want also bring value to the other party? For example, perhaps you want to negotiate a pay raise with your current employer. You would first want to show your employer Successful Negotiations: Mastering Persuasion M A N AG E M E N T A N D L E A D E R S H I P

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