A “Cheat Sheet” For The Art of Negotiation

Human Chess

By Chris Simmons

Negotiations come in all shapes, sizes, and intensities. While bargaining with a spy is very different from negotiating a home purchase or buying a car, many of the core tactics remain the same. Simple to master and easy to remember, these practices will help you get more out of any negotiation.

PREPARATION

  1. Understand that negotiations are rooted in emotional “wants,” not rational “needs.” For example, do you really “need” a 455 HP Corvette? Know what the other party truly wants. What is it that you need? How big is the gap between what you want and what you need?
  2. Identify the personal and cultural biases and quirks of the other party. Develop a plan to circumvent their biases or exploit weaknesses in their perceptions (for example, you may want to use a female negotiator in a male-dominated industry).
  3. Have…

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