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Checklist For A Successful Negotiation

Before and during negotiations

Strategy
Are you ready for
your negotiation? ▢ Zero-sum (Positional)

▢ Partnership (collaboration)
Want to make sure that
▢ SMARTnership (collaboration)
everything goes as well
as expected? To ▢ Sharing cost and benefit
negotiate is a major
▢ Prepared list of negotiable variables
responsibility for the
negotiation team. They ▢ Agenda, developed, own/mutual/order
need to pay attention to
▢ Rules of the game
detail while planing the
negotiation. ▢ Do you know your target, starting point and threshold of pain

Follow this checklist to Team


ensure a smooth and
▢ Head, notetaker and calculator
successful negotiation
experience. ▢ Mandate

▢ Mandate for counterpart

▢ How to utilise and support the team

▢ Counterparts team
You can tweak or update
this checklist depending Variables
on your organization’s
unique needs. ▢ Do you have all variables listed?

▢ Do you know all variables costs and benefits


A thorough checklist will
help you easily manage ▢ Do you know your counterparts variables
your negotiation.
▢ Do you wait to discuss price and legal issues to the end?

▢ Do not share without getting something back

▢ Ask open questions

Process
▢ Minimize argumentation

▢ Generate trust

▢ Do we secure a positive enviroment

Planning phase
▢ Are new openings made?
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▢ Do you give too much or too little information?

▢ Who got the initiative?


Checklist For A Successful Negotiation Page 2
Before and during negotiations

Bargaining
Are you ready for
your negotiation? ▢ Offer/counteroffer

▢ Give and take or concessions?


Want to make sure that
Do you negotiate in the salami method or the complete
everything goes as well ▢
package?
as expected? To
negotiate is a major ▢ Who got the initiative?
responsibility for the
▢ Should you ask for a break?
negotiation team. They
need to pay attention to ▢ Agenda
detail while planing the
negotiation. Communication
▢ Are you confident?
Follow this checklist to
ensure a smooth and ▢ Openness?
successful negotiation
▢ How is visual aids being used?
experience.
▢ Are you aware of the body language?

▢ Questions, follow up questions and summarizing

Negotiation style
You can tweak or update
this checklist depending ▢ Combat, concession, compromise, collaboration, stalling?
on your organization’s ▢ Active/passive
unique needs.
▢ Test limits / give up easy / push to hard
A thorough checklist will ▢ Locked on details?
help you easily manage
your negotiation. ▢ Locked on own proposal /listen to counterparts proposal

▢ Ask open questions

Closing
▢ Minimize argumentation

▢ Is closing being tried?

▢ Do you need to summarize?

▢ Did you miss any openings?

▢ Did you split the NegoEconomics (asymmetric values)

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