NEGOTIATING STYLES Negotiating Styles: There are two ways you can explore this: 1. Try the following thought experiment devised by Richard Shell Imagine the following: 10 people sitting at a big round table in a conference room There are all strangers – no one knows anyone else A stranger works into a room and makes the following offer: “I will give a prize of £1000 to each of the first two people who can persuade the person sitting opposite them to get up, come around the table and stand behind his or her chair.” Close you eyes: and then write down the first strategy that came to mind and then write down any other strategies you can think of. 1.………………………………………………… 2………………………………………………. 3………………………………………………. 4………………………………………………. 5………………………………………………. 2. Complete the questionnaire at the back of this booklet on page 23. DO NOT TURN OVER THE PAGE FOR THE ANSWERS! AT LEAST, NOT YET! The 5 Negotiating Styles COLLABORATIVE Upsides Facilitate process Ask lots of questions Develop different ways of looking at it; more options Both sides more motivated and committed to deal Less use of irritators Seen as a business partner RELATIONSHIP Upsides Help other people even when there is a conflict of interest Ask lots of questions Develop different ways of looking at it One side committed to deal Less use of irritators Seen as a friend Downsides Downsides May take longer, more complex May take longer, more social May take big risk too early May take big risk too early May have a problem aiming high May live in hope (in vain) for reciprocity I WIN: YOU WIN I LOSE:YOU WIN COMPETITIVE COMPROMISE Upsides Quickly see how to gain power and leverage Quicker Develop different ways of looking at it Committed based on deal Seen as a salesman Motivated by good price Upsides Develop simple, fair ways of looking deals Fast Take turns Split the difference Seen as Mr Nice Guy Downsides Ask fewer questions Poor listening skills No loyalty generated Deal to deal existence Downsides Ask fewer questions Good job, not outstanding Misses opportunities for themselves and their client I WIN:YOU LOSE I LOSE:YOU LOSE The 5th Negotiation Style is AVOIDANCE Possibly a good strategy if you are happy with the status quo 2 APPENDIX 1: QUESTIONNAIRE To determine your preferred Negotiating Style read the following questions. For each question tick either answer ‘A’ or ‘B’ depending on which you think is typically most like you in work situations. Question: In a meeting I am typically… Answer Quiet When I make a point it is… More qualified or indirect Emphatic or direct When I emphasise points my gestures are… Few Frequent In company I prefer to be… Reserved and may wait for others to initiate contact Laid back or thoughtful Forward and initiate contacts My behaviour can appear to be… Reserved Assertive When expressing my views I do… Tend to be reserved Express them readily In discussions I can appear… A Answer Talkative B Impatient or keen to move on I am more comfortable Considered and with decision making that deliberate is… Rapid and spontaneous When dealing with risk and change I tend to prefer… To embrace it quickly and spontaneously Numbers of Ticks Taking a slower and more cautious approach A B Count up the total number of ticks in the ‘A’ column and in the ‘B’ column. calculate ‘A’ minus ‘B’ = ____ and plot it on the line below. Assertive Now Submissive -9 -8 -7 -6 -5 -4 -3 -2 -1 0 1 2 3 4 5 6 7 8 9 3 To determine your preferred Negotiating Approach, read the following nine questions. For each question tick either answer ‘C’ or ‘D’ depending on which you think is typically most like you in work situations. Question: When working with clients… Answer I am keen to understand their needs Putting the needs of clients first… Is usually beneficial My clients perceive me as… An extension of their team An outside expert I need to… Work together Be successful Working collaboratively with my clients… Is really important to me Is a nice ambition to have Sometimes I have to… Miss my deadline so as to meet a client’s need Let a client down so as to meet my deadline I am quite competitive at work… Some of the time Most of the time I like to… Involve other people in my work Focus on getting my job done Winning at work is… A nice ambition to have Really important to me Numbers of Ticks C C Answer I am keen to make them understand my needs Is sometimes a mistake D D Count up the total number of ticks in the ‘C’ column and in the ‘D’ column. calculate ‘C’ minus ‘D’ = ____ and plot it on the line below. Now Need to Win Prefer to Draw; Accept a draw Prepared to lose -9 -8 -7 -6 -5 -4 -3 -2 -1 0 1 2 3 4 5 6 7 8 9 4 RESULTS ASSERTIVE SUBMISSIVE PREFER TO DRAW PREPARE TO LOSE NEED TO WIN ACCEPT A DRAW COMBINE THE TWO LINES TOGETHER Collaborative ASSERTIVE C o l l a b o r a Competitive t i v e PREFER TO DRAW PREPARE TO LOSE Relationship SUBMISSIVE Compromise NEED TO WIN ACCEPT A DRAW 5