Vivian chih’s sharing of negotiation skill

Learning from the following favorite words:

Winning at win-win negotiation in internal situations requires the same commitment to getting into the trading zone, and creating and then claiming value, as winning in negotiations with  external partners.

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Vivian chih’s sharing of negotiation skill

Learning from the following favorite words:

The best way to work work out these internal conflicts is through direct negotiations among those affected by proposed management changes. Efforts to impose solutions from the top, although still the norm, are not as effective as agreements reached voluntarily by those who know the most about whatever has to be worked out and by those who have to implement new ways of doing business.

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Vivian chih’s sharing of negotiation skill

Learning from the following favorite words:

Winning at win-win negotiation with strategic part partners requires a light touch. When long-term relationships between companies or negotiating partners are important, how much you win in the short term (in a single deal) is less important than maintaining relationships and leaving open the possibility of doing especially well in future interactions. 

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Vivian chih’s sharing of negotiation skill

Learning from the following favorite words:

When the other side is a key strategic partner:

  • Know their needs and interests
  • Great as much value as you can
  • Emphasize the value of your long-term relationship
  • Give them the benefit of the doubt
  • Avoid surprising them

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Vivian chih’s sharing of negotiation skill

Learning from the following favorite words:

The challenge for strategic  allies is to move effortlessly into value creation and only after that fall back on value distribution, with an emphasis on fairness and trust.

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Vivian chih’s sharing of negotiation skill

Learning from the following favorite words:

Avoid surprising partners you care about. No one likes surprise in a negotiation. We want to believe we’ve considered all the possibilities internally before coming to the negotiation table. Surprise reveal that we’re unprepared, and they also ex-pose us to risk.

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Vivian chih’s sharing of negotiation skill

Learning from the following favorite words:

Emphasize the relationship’s long-term importance. When a business relationship is critical, we need to devote not only more time and energy to it but also more of ourselves. By getting to know your partners on a personal lever, you can create social capital—goodwill or trust you can draw on over time.

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Vivian chih’s sharing of negotiation skill

Learning from the following favorite words:

Keep in mind that everyone’s interests always change in response to the unique opportunities and pressures they experience, both internal and external.

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Vivian chih’s sharing of negotiation skill

Learning from the following favorite words:

When negotiating with your most important strategic allies, emphasize creating value even more than you would with nonstrategic partners. Wining at win-win negotiation with a strategic ally should be framed in terms of long-term gains and losses.

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Vivian chih’s sharing of negotiation skill

Learning from the following favorite words:

Focus more on creating value, less on distributional battles. While value creation is a cooperative enterprise, value distribution is primarily competitive—gains for one side typically generate losses for the other.

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