Courtesy of the brilliant OB professors that I have come across in my B-school, there are quite a few tidbits I would like to share here for the benefit of all and for later references.
So, beginning right away, the first learning:
What is the biggest source of your power on a negotiation table? It's information. Information about your best alternative to the current deal (BATNA) and information about others (business intelligence).
second learning:
Attractiveness influences 36% of the variance between a yes and a no! Attractiveness comes not just from looks but also from the following other traits: tone of voice, crisp communication, positive mood, humor, likability, credibility and consistency and mirroring of actions.
third learning:
How do you increase value in a negotiation? Expanding the size of the pie by monetizing the intangibles!
In short,
Keep things simple!
Less is moe.
Be grateful!
Don't worry too much about the past and the future.
Live well! :)
So, beginning right away, the first learning:
What is the biggest source of your power on a negotiation table? It's information. Information about your best alternative to the current deal (BATNA) and information about others (business intelligence).
second learning:
Attractiveness influences 36% of the variance between a yes and a no! Attractiveness comes not just from looks but also from the following other traits: tone of voice, crisp communication, positive mood, humor, likability, credibility and consistency and mirroring of actions.
third learning:
How do you increase value in a negotiation? Expanding the size of the pie by monetizing the intangibles!
In short,
Keep things simple!
Less is moe.
Be grateful!
Don't worry too much about the past and the future.
Live well! :)