Negotiations and Leadership
Negotiations and Leadership
DELHI )
SEC
NEGOTIATIONS AND
LEADERSHIP
PRESENTATION
(semester-3)
PRESENTATION ON MANAGING
CRITICAL MOMENT IN
NEGOTIATION
CONTENT
Introduction of Negotiations
1.Types of negotiations approach used by Negotiation
critical
moments that make or break the deal.
2.How to identify these critical moments.
3.Strategies to manage critical moments in the Negotiation.
4.Role of Communication and relationship in Negotiations.
5.Understand the others party psychology to understand
their interest .
6.Build trust and improve the Scope of the Negotiation.
7.Overcoming Communication Barriers.
8.Difficult behaviour and information asmmetry
GROUP PRESENTATION
MEMBERS :-
• Isha – 23501/HDP/4
• NEHA – 23501/H0/3
• Deepika – 23501/HDP/24
• HUDA SHAMIM - 23501/EP/26
• ANISHA – 23501/EO/3
• PRAGATI – 23501/HDP/30
• SHAHIN – 23501/HDP/18
• MUSKAN- 23501/HM/14
• PRIYANKA -23501/HDP/14
INTRODUCTION OF NEGOTIATION
SOME EXAMPLES OF NEGOTIATION
1- Salary Negotiation: An employee asks for
a 10% raise by presenting data on industry
standards and their contributions to the
company.
2- Group Project Roles: A student negotiates
with teammates to assign specific roles based
on each member's strengths, ensuring a fair
distribution of work.
3- Business Merger: Two companies negotiate
a merger, agreeing on a 60-40 profit share
based on their respective contributions and
resources.
2- PROCESS OF NEGOTIATION?
1 Preparation
1.1-Research: Understand the context of the negotiation, including relevant background information
about the parties involved.
1.2-Define Objectives: Clearly outline your goals and what you hope to achieve. This includes knowing
your ideal outcome as well as your minimum acceptable outcome.
2. Discussion
2.1- Active Listening: Engage in active listening to fully understand the other party’s perspective. This
clarifies misunderstandings.
2.2- Clarification: Ask questions to clarify points and ensure you fully grasp the other party's
interests.
3. Bargaining
3.1- Exchange offer : Begin the process of making offers and counteroffers.
3.2- Concessions: Be prepared to make concessions and recognize the importance of compromise.
Effective negotiators often give up something to gain something more valuable.
4. Closure
4.1- Agreement: Once a satisfactory solution is reached, summarize the key points of the
agreement. Make sure both parties are clear on the terms.
4.2- Formalization: put the agreement in writing. This helps to avoid misunderstandings
and ensures accountability.
5. Implementation
5.1-Action Steps: Outline the specific actions required to implement the agreement.
5.2- Monitor Compliance: Follow up to ensure that both parties adhere to the agreed
terms. Address any issues that arise during implementation promptly.After
implementation, review the outcomes of the negotiation. Consider what worked well and
what could be improved in future negotiations. And Maintain communication with the
NEGOTIATORS USE A VARIETY OF APPROACHES DEPENDING ON THE
SITUATION, THE RELATIONSHIP WITH THE OTHER PARTY, AND THE DESIRED
OUTCOME. HERE ARE THE MAIN TYPES OF NEGOTIATION APPROACHES: