7 Core Elements of Negotiation

1️⃣ Interests

– See past positions

– Find needs behind demands

– “Need discount” → “Need to stay in budget”

2️⃣ Options 

– Look beyond obvious offers

– Create multiple solutions

– Help both sides gain

3️⃣ Alternatives (BATNA) 

– BATNA = Best Alternative to a Negotiated Agreement

– Have a Plan B to negotiate from strength

– Know when to walk

4️⃣ Legitimacy

– Use objective standards

– Respect fairness

– Data beats opinions

5️⃣ Communication

– Listen

– Ask questions to reveal info

– Create mutual clarity

6️⃣ Relationship

– Build trust — tap into humanity

– Maintain rapport in tension

– Know that today’s deal affects tomorrow’s

7️⃣ Commitment 

– Have clear steps

– Prevent ambiguity

– Build in follow-through

Negotiation isn’t a battle. It’s a puzzle to solve together.

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