Knowledge Center

  • Skill Bit

    Fighting Against “Cherry picking” Negotiation Tactic

     50.00

    Cherry-picking in negotiations, favoring only advantageous terms, risks imbalance and trust erosion. Strategies to counter include understanding all terms, promoting mutual benefit, and setting clear boundaries. Being firm on essential points and using conditional language maintains equilibrium. Documenting discussions prevents selective memory, while mediation or walking away restores fairness if negotiations skew. By prioritizing needs…

  • Skill Bit

    Fighting Against “Use “funny” money to make costs or concessions seem lower” Negotiation Tactic

     50.00

    This Skill Bit shows that the “funny money” tactic ingeniously offers non-monetary perks to sweeten deals, such as warranties or future discounts. Emphasizing perceived value, it aligns benefits with the other party’s interests. Risks include misrepresentation and mismatched values. Defensive tactics involve evaluating true value, translating offers into monetary terms, and ensuring relevance to needs….

  • Skill Bit

    Fighting Against “Intentional deadlocks” Negotiation Tactic

     50.00

    This Skill Bit shows, that intentional deadlocks, a contentious negotiation ploy, halt progress to pressure concessions. By spotlighting critical issues sans viable solutions, it traps counterparts in a dilemma. Imposing urgent deadlines, then slowing pace, heightens their dilemma. Risks loom: deals may collapse or trust fray. Strategies counterbalance: thorough prep discerns traps, time management averts…

  • Skill Bit

    Fighting Against “Reverse auction” Negotiation Tactic

     50.00

    This Skill Bit shows, that reverse auctions, a common procurement method, can sour supplier relations and product quality if misused. These auctions prioritize price, potentially sacrificing quality, reliability, and partnerships. Suppliers may resort to unsustainable undercutting, leading to commodification and compromised standards. Risks include quality reduction, unsustainable practices, and damaged relationships. Defensive tactics include assessing…

  • Skill Bit

    “Conditional acceptance” Tactic in negotiations

     50.00

    This Skill Bit shows that conditional acceptance is a negotiation strategy saying “yes, but…” It moves discussions forward while ensuring specific needs are met. Useful in complex negotiations, it protects interests by setting conditions like price adjustments or legal reviews. To implement effectively, be clear, reasonable, and request written confirmation. Benefits include flexibility and leverage,…

  • Skill Bit

    “Puffing” Tactic in Negotiations

     25.00

    This Skill Bit emphasizes the importance of strategically highlighting the value of concessions, a tactic often referred to as “puffing.” By emphasizing the significance of concessions, negotiators can enhance perceived value and leverage them for better outcomes. However, it’s crucial to balance this approach with ethical considerations to maintain credibility, transparency, and trust, ensuring that…

  • Skill Bit

    “Good guy, bad guy” Tactic in Negotiations

     25.00

    This Skill Bit delves into negotiation tactics, specifically the “good guy, bad guy” routine, exploring its mechanics, effectiveness, and ethical considerations. It offers insights into role-play dynamics, psychological pressure, and leverage creation. This content emphasizes short-term gains versus long-term consequences, along with ethical concerns about transparency, trust, and fairness. Alternative approaches like the mutual gains…

  • Skill Bit

    “Highlight your risks” Tactic in Negotiations

     25.00

    This Skill Bit outlines a negotiation strategy emphasizing risk awareness and equity discussions, fostering transparency and collaboration. By identifying and openly discussing potential risks, parties can work together to find fair solutions, building trust and reducing conflicts. Evaluating fairness and emphasizing mutual benefits enhances long-term relationships and agreement sustainability. This approach improves the negotiation climate,…

  • Skill Bit

    “Use buyers prior performance” Tactic in Negotiations

     25.00

    This Skill Bit shows that employing a buyer’s past performance as negotiation leverage blends data analysis with psychological insight. This strategy involves analyzing patterns in their behavior, preparing counter strategies, and leveraging their history for better terms. Building trust and communicating openly are key components, always mindful of ethical boundaries. Balancing assertiveness with diplomacy, this…

  • Skill Bit

    “Look at everything both ways” Tactic in Negotiations

     25.00

    This Skill Bit shows that Understanding the Other Party’s Perspective is essential for successful negotiations. Empathy, trust-building, and clear communication are key. Advocating for your interests while considering theirs leads to balanced solutions. Finding mutually beneficial outcomes requires creative problem-solving and building long-term relationships. Preparation, active listening, asking questions, and aiming for win-win scenarios are…

  • Skill Bit

    “Setting aside issues” Tactic in Negotiations

     25.00

    This Skill Bit shows that setting aside issues in negotiations streamlines discussions, focusing attention on critical aspects for better outcomes. It offers benefits like prioritizing important matters, buying time for preparation, simplifying complexity, and leveraging concessions strategically. Effective implementation involves mutual agreement, clear communication, documentation, and strategic reintroduction. Caution is advised against overuse or avoidance,…

  • Skill Bit

    “Contingent pricing” Tactic in Negotiations

     25.00

    This Skill Bit shows that contingent pricing is a flexible strategy that ties costs to specific outcomes or conditions, sharing risk between providers and clients. It motivates both parties to achieve project success by aligning payments with performance benchmarks. Advantages include flexibility, client assurance, and performance incentives. However, it requires clear agreements, measurable success criteria,…