The one sentence summary

Negotiation now requires a more sophisticated, collaborative approach.

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WHAT THE BOOK SAYS THE YES BOOK

  • Few people enjoy going into a negotiation, but you risk losing out if you can’t do it skilfully.
  • Negotiation has changed dramatically, and now requires a more sophisticated, collaborative approach.
  • Effective negotiators can handle these three areas effectively:
  • Attitude: they can manage their own and others’ negotiation attitudes
    • Fusers: work in partnership to put the agenda of both parties together.
    • Confusers: distort first impressions and lead attitudes astray.
    • Users: are old-fashioned and it doesn’t work.
    • Losers: who wants to be one?
  • Process: they can manage the stages and the overall structure of the negotiation, which are:
    • Preparation: put in the spadework before starting.
    • Climate setting: create the right atmosphere.
    • Wants & Needs: why do people want what they say they want?
    • Coinage: value things you have that may be of value to the other party.
    • Bidding: ask for what you want, sound like you mean it, with good reason
    • Bargaining: keep reframing the issue or expanding the pie. Only offer concessions in a disciplined way.
    • Closing: move to closure briskly when the opportunity arises.
  • Behaviour: they understand and manage their own and others’
    • ‘I’ behaviour: state expectations; propose with reasons; test and probe; incentives and pressures
    • ‘You’ behaviour: disclose; explore; focus on common ground; listen
    • ‘We’ behaviour: visualise; check for consensus; share problems & solutions
    • Parting behaviour: pit stop; break; silence; terminate; stand up to tough guys

 WHAT’S GOOD ABOUT IT

  • Count your aces – most people have more bargaining power than they think. This could include information, expertise, market power, scale, weight, referral, network, numbers, relationships, rules & regulations, authority or personal.
  • Always establish a BATNA and WATNA before starting: Best/Worst Alternative To a Negotiated Agreement. This is better than a bottom line.

WHAT YOU HAVE TO WATCH

  • It could be a little shorter.

YES BOOK 2

YES BOOK 3

YES BOOK 4