“Opportunistic Renegotiation” Negotiation Practice

Description

This Skill Bit shows that “Navigating Opportunistic Renegotiation: Strategies for Ethical Deal-Making” exposes the threat posed by reopening negotiations to alter terms unfairly. Learn to assess validity and maintain professionalism in response. Employ methods like seeking clarification, reviewing the original agreement, and negotiating in good faith to counteract opportunistic renegotiation. Utilize legal advice, document changes, and build safeguards for future agreements. Be prepared to walk away if necessary and seek mediation for finding common ground. These strategies ensure ethical deal-making and uphold integrity in negotiations.

Duration approx. 4 Min.

Tier: advanced