Mastering the use of power of effort or investment in negotiations

Description

This Skill Bit shows that using effort or investment as a strategy in negotiations can effectively showcase your dedication to a desired outcome. This approach involves contributing additional resources, such as funding for research and development or extra manpower for a project, demonstrating a commitment that can foster trust and cooperation with the other party. However, it’s crucial to assess the potential risks and ensure that these investments align with your broader objectives. Clear communication about these commitments is essential for their successful integration into negotiation strategies.

Duration approx. 2 Min.

Tier: proficiency