Monday, February 29, 2016

Hone Your Negotiation Skills Throught Training

What is the greatest asset of any strong ‘negotiator’? Communicates effectively, emotionally intelligent, agile, tenacious, focused and many other traits that are the usual suspects. However, if there is one asset that supersedes any of these, it is the negotiator’s BATNA - Best Alternative to a Negotiated Agreement.  The BATNA determines the position from which one negotiates. The stronger the BATNA of the person, the better would be the negotiators position and hence better the outcome. That is why, in ‘Getting to Yes’, one of the most renowned books on Negotiation, the first thing that the authors recommend any negotiator to know before the negotiation is his/her ‘BATNA’.
We usually negotiate with this in our minds, although mostly unconsciously. A child is more willing to give up a toy when he/she knows that a replacement of a better toy lurks in the horizon. Your chance of negotiating with your teenager into eating healthier food stands stronger when you know you can influence a benefit that he/she enjoys. We feel this ever so often in business when we become very dependent on just one or two customers; in which case we barely stand any chance to negotiate.
Often the parties in a negotiation need to decide their alternative in case the negotiation fails. How you feel about the BATNA will dictate how firm you need to be in negotiations. If you look at your situation in the absence of a negotiated agreement, and find it almost unthinkable, you will be pressed to enter negotiations in the hope of getting a satisfactory agreement. The word “satisfactory” is important here. Is the BATNA worse than ‘satisfactory’?

There may be times when you do not have a BATNA. Then, depending on the magnitude of the negotiation, it is important to ‘create’ a BATNA. Moreover, if the BATNA is weak, then it would immensely help to spend some time and energy in strengthening your BATNA. These steps are part of ‘preparing’ before entering into any negotiation. So next time you are going to enter into a negotiation, spend some quality time ‘preparing’ your BATNA. Otherwise, you would be entering a battle field unarmed! 
Ecube Training & Consulting is the leading Negotiation Skills Training company in the GCC. 

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