Using the power of risk taking in negotiations

This Skill Bit teaches you how to leverage the power of risk-taking in negotiations to gain a competitive edge. This strategy involves showcasing confidence, flexibility, and a readiness to invest in the deal. By demonstrating these qualities, you can build credibility, trust, and foster successful partnerships with buyers. Discover effective tactics such as offering incentives and communicating transparently about your risk-taking strategy to maximize negotiation outcomes while minimizing potential downsides.

Duration approx. 2 Min.

Tier: proficiency

A part of Power Dynamics in Negotiation: Strategies for Effective Influence course.