Walking away Tactic in Negotiations

Description

This Skill Bit shows that walking away from negotiations is a strategic move, signaling seriousness and commitment to one’s bottom line. This tactic should be employed as a last resort when other options have been exhausted. Clear communication and preparedness for potential deal loss are crucial. Despite walking away, leaving the door open for future negotiations can keep avenues open for potential resolution.

Duration approx. 3 Min.

Tier: advanced