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Mastering Negotiation Skills for Success

Negotiation is a dynamic process where parties work together to reach mutually beneficial agreements. There are two main types of negotiation: transactional, which focuses on short-term deals, and strategic, which has long-term relationship impacts. Negotiation is also important in personal relationships and everyday life, allowing people to find solutions that satisfy all parties through communication and compromise. The key aspects of successful negotiation include empathy, follow through on commitments, and identifying common goals.

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Divyansh Lohia
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43 views5 pages

Mastering Negotiation Skills for Success

Negotiation is a dynamic process where parties work together to reach mutually beneficial agreements. There are two main types of negotiation: transactional, which focuses on short-term deals, and strategic, which has long-term relationship impacts. Negotiation is also important in personal relationships and everyday life, allowing people to find solutions that satisfy all parties through communication and compromise. The key aspects of successful negotiation include empathy, follow through on commitments, and identifying common goals.

Uploaded by

Divyansh Lohia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd

Introduction to negotiation

“Negotiation is a dynamic and interactive process where parties with conflicting interests work together to reach
a mutually beneficial agreement."

By Divyansh Lohia
Negotiation in Business

 Transactional Negotiation:  Strategic Negotiation:


"Focused on short-term objectives, often "Long-term, relationship-focused
involving one-time deals or transactions.“ negotiations with a strategic impact on the
business."
Negotiation in personal
relationships
Negotiated solutions can make people feel
more committed to their partner and better
about the relationship. The first step to
opening the floor to healthy negotiation – and
a more harmonious process – is to remember
that you're on the same team. You both want
to be happy and achieve outcomes that are
satisfying.
In a negotiation, each person gets something
in exchange for giving something their
partner wants. In compromise, neither partner
actually gets what they want. They often
settle on some middle ground between two
ends of an issue, with the result that neither is
satisfied with the solution.
Negotiation in everyday life
Negotiation is an integral part of everyday
life, influencing various aspects such as work,
family, friendships, and even interactions with
strangers.
In essence, negotiation is a fundamental skill
that can enhance your ability to navigate the
complexities of daily life. It involves effective
communication, active listening, and a
willingness to find solutions that are
acceptable to all parties involved. Developing
and honing these skills can lead to more
positive and successful outcomes in various
aspects of your everyday interactions.
This Photo by Unknown Author is licensed under CC BY-NC-ND
Conclusion and key takeaways

 Empathy:
understanding others perspectives and emotions is crucial.
 Follow Through:
Commitment to the agreed-upon actions is crucial.
 Identify Common Goals:
Discover shared objectives to create a foundation for compromise.

This Photo by Unknown Author is licensed


under CC BY

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