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Our personalities play a major role in dictating how we behave and interact with
others. They also contribute to the way we resolve conflict and negotiate. As a small
business owner, you’ll likely have to negotiate for your company and as you grow,
you may find yourself wading into international waters where negotiation styles may
differ.
Whether you hope to find a great new product for your company or want to get the
best manufacturing deal possible, communicating with people in different cultures is
probably in your future as a small business owner.
Before trying to negotiate in another country, it’s important to understand the basics
of negotiation and how they are affected by psychology and personality.
There are five main negotiation styles (also called conflict resolution styles). These
styles vary based on the personality and background of the negotiator, their needs,
and the urgency needed to find a solution.
5. Collaborating: The optimal solution is the goal for this negotiator. They tend
to focus on finding results that satisfy all parties and express honest
communication during debate. These negotiators would prefer to weigh many
options before finding the best result.