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...Our follow up here. And for the follow-up,
follow up here and for the follow-up we're just going to kind of discuss a
we're just going to kind of discuss a
little bit more of what this all means
little bit more of what this all means.
so a strategy guides your negotiation overall you need a strategy to fool you
So a strategy guides your negotiation
begin your negotiation
overall. So you need a strategy before
it's especially important if you have a team more than one person two people
you begin your negotiation. It's
three people need to be working together
especially important if you have a team,
how do you all work in the same direction you must be four hand plan
more than one person, two people, three
your strategy you don't plan your strategy will be doing things in a
people. You need to be working together.
different direction
How do you all work in the same
you also need your strategy so you know what the say how to act
direction? You must, before hand, plan
what time to show up how to use your body language what information to offer
your strategy. If you don't plan your
those are all related to tactics so let's go back here for a second look at
strategy, you'll be doing things in a
this slide there are four basic strategies competition accommodation
different direction. You also need your
avoidance collaboration now there's an easy way to remember that strategies
strategy, so you know what to say, how to
lead to tactics as this picture here shows we have a strategy and that helps
act, what time to show up, how to use your
us decide how do we act how do we behave what are the things we do that the other
body language, what information to offer.
side sees how can we remember these four strategies or let me jump over here and
Those are all related to tactics. So
show you this is not not hard at all my slides working the way you think of the
let's go back here for a second look at
four strategies is this ask these two questions question one how important is
this slide. There are four basic
the negotiation outcome to you this negotiation right now
strategies: competition, accommodation,
how important is this negotiation right now to you
avoidance, collaboration. Now, there's an
that's the number one question you need to ask the number to question you need
easy way to remember that. Strategies
to ask is how important is the relationship over time
lead to tactics as this picture here
ok so let's jump back to the slide here take a look at this
shows. We have a strategy and that helps
think of the first question is being one axis how important is the outcome to you
us decide how do we act, how do we behave,
right now this negotiation this negotiation right now how important is
what are the things we do that the other
it not important very important
side sees. How can we remember these four
ok not important very important
strategies? or let me jump over here and
how about the relationship
show you. This is not hard at all. (I
how important is the relationship think of the relationship is being another
get my slides working.) The way you think
axis not unfortunate very important not important very important
of the four strategies is this. Ask these
ok now then let's take these two axes and put them together to really get a
two questions. Question one: how important
very simplistic view of how we decide our strategy if we look at these two
is the negotiation outcome to you? This
axes we can see how important is the relationship to you how important is the
negotiation, right now, how important is
outcome to you
this negotiation, right now, to you? That's
hi low on both high low on both so now then let's just go ahead and make
the number one question you need to ask.
quadrants inside of there
The number two question you need to ask
let me show you the first quadrant accommodation accommodation is a
is how important is the relationship
strategy for negotiation with this accommodation mean accommodation means
over time?
you give what the other side once not necessarily wonder-percent but what they
Okay. So let's jump back to the slide
need you give to them if they need a lower price you give them a lower price
here. Take a look at this. Think of the
if they need faster shipping you give them shit faster shipping if they need a
first question as being one axis. How
higher quality you give them higher quality now if we look inside the
important is the outcome to you, right
quadrant here accommodation means how important is a relationship very
now. This negotiation, this negotiation
important
right now, how important is it. Not
how important is the outcome not important so why do we choose
important, very important. Okay. Not
accommodation because I need the other side to have a
important, very important. How about the
good relationship with me over a long time I need the other side over a long
relationship? How important is the
time to have a good relationship with me right now
relationship. Think of the relationship
this deal is not so important so right now this deal if it gives me something
as being another axis, not important, very
not so good well that's okay i'll survive my company will do okay but I
important, not important, very important.
need this other partner I need my negotiation counterpart to have a good
Okay. Now, then, let's take these two axes
relationship with me in the future
and put them together to really get a
therefore we use accommodation let's look at another strategy the next
very simplistic view of how we decide
strategy opposite of accommodation would be competition competition accommodation
our strategy. If we look at these two
was up here competitions down here so competition means what competition means
axes, we can see how important is the
you fight for everything you want to win those two points in the basketball game
relationship to you, how important is the
no matter what you need to get those two and stop the other side from getting
outcome to you. High,low on both.High, low on
their two points so every thing I get the other side loses and everything I
both. So now, then let's just go ahead and
lose the other side gains so I want to win more gain more and lose less that
make quadrants inside of there. Let me
way I can win on everything so why do I choose competition because the
show you the first quadrant.
relationship for the future is not important to me so if i give the other
Accommodation-- accommodation is a
side pressure and i say i need a lower price i need higher quality give them a
strategy for negotiation. What does
lot of pressure and they get very angry that you're very frustrated and they
accommodation mean. Accommodation means
don't like me they don't like my company they don't like this deal i don't care
you give what the other side wants, not
because over time I don't need that relationship maybe my company's bigger
necessarily one hundred percent, but what
than them
they need, you give to them. If they need
maybe my company is an important buyer and they're just a supplier and i have
a lower price, you give them a lower
many other suppliers i can choose from or maybe they're an important supplier
price. If they need faster shipping, you
and but I don't need their product today I can get another kind of product maybe
give them faster shipping. If they
they're not successfully and with the recent product it could be any kind of
need a higher quality, you give them
thing like this i just don't need them in the future i don't think i need them
higher quality. Now, if we look inside the
but right now it's very important that I have a good deal maybe my company needs
quadrant, here, accommodation means how
that money maybe we need a good profit margin on this deal
important is a relationship, very
maybe I'm gonna lose my job if I don't make a good deal
important. How important is the outcome,
my bosses told me hey wooden if you don't make a good deal this time your
not important. So why do we choose
fire so I feel I must get a good deal so I don't care what happens in the future
accommodation? because I need the other
I just care to keep my job now so that could be on an individual level on a
side to have a good relationship with me
company level competition strategy
over a long time. I need the other side,
ok let's take a look at another strategy on the ever dimension here just take a
over a long time, to have a good
look over here and what do we have avoidance avoidance what does avoidance
relationship with me. Right now, this deal
mean well you can see in the slide avoidances relationship not important
is not so important. So right now this
and outcome not important
deal, if it gives me something not so
so what does this tell us I don't need this company over a long period of time
good, well, that's okay I'll survive. My
in the future not important to me and right now today this deals it's
company will do okay, but I need this
important no we don't need this deal now so in this case I use the avoidance
other partner I need my negotiation
strategy which means that when I negotiate
counterpart to have a good relationship
I'm very easy to say well you know what i was drawn we don't want to negotiate
with me in the future. Therefore, we use
anymore and we don't need this deal we just gonna walk away so the other side
accommodation. Let's look at another
always is worried i can just give up
strategy. The next strategy, opposite of
that's my strategy avoidance I don't really want to negotiate if you don't
accommodation, would be competition,
like my price
competition. So accommodation was up here.
well okay I don't sell to you that if you don't like this
competition's down here. So competition
ok nevermind go somewhere else I don't need you in the future and I don't need
means what? Competition means you fight
this deal today so that's the avoidance strategy
for everything. You want to win those two
ok let's look at our final strategy our final strategy is collaboration
points in the basketball game no matter
collaboration now collaboration means that we try to work together that's not
what. You need to get those two, and stop
exactly the same as cooperation similar but little bit different meaning but
the other side from getting their two
anyway the point is we're doing things together we're trying to work together
points. So every thing I get, the other
collaboration
side loses. And everything I lose, the
how does this answer the two questions do i need this relationship in the
other side gains. So I want to win more,
future
gain more, and lose less. That way I can
yes very important do i need this deal now yes very important i need a good
win on everything. So why do I choose
deal now very important to me and I need to have a good relationship with my
competition? because the relationship for
counterpart the other company in the future so what do i do I collaborate
the future is not important to me. So if
what does that mean I give something
I give the other side pressure, and I say
I asked for some things I try to get them to give me what I want and I try to
I need a lower price. I need higher
give them what they want
quality. I give them a lot of pressure, and
hopefully by giving them what they want and they give me what I want we can both
they get very angry. They get very
get what we want and that would be collaboration
frustrated, and they don't like me. They
ok let's put these all together here so here we have our four strategies and are
don't like my company. They don't like
two questions I think this is really quite amazing and it's something you
this deal. I don't care because over time
need to really keep in mind because it's not as complicated as one would think
I don't need that relationship. Maybe my
what we're looking at are two basic questions and four fundamental
company's bigger than them. Maybe my
strategies how important is a relationship
company is an important buyer, and they
how important is this outcome right now
are just a supplier, and I have many
accommodation competition avoidance collaboration
other suppliers I can choose from. Or
ok now that seems pretty straightforward and pretty easy i think not complicate
maybe they're an important supplier,
that's really a great insight if you can keep this in your mind as you prepare
but I don't need their product today. I
for your negotiation this will be super helpful to you
can get another kind of product. Maybe
however just because there's four strategies doesn't mean negotiating now
they're not successfully with their
has become easy
recent product. It could be any kind of
the reason it's not easy we can think about very quickly if I want to
thing like this. I just don't need
collaborate but you want to compete
them in the future. I don't think I need
how can we negotiate in other words i want to keep a good relationship with
them. But right now, it's very important
you and I want to have a good outcome now but you you don't care about the
that I have a good deal. Maybe my company
relationship you only want a good outcome now so are two strategies are
needs that money. Maybe we need a good
fundamentally different of course if your strategy with collaboration and my
profit margin on this deal. Maybe I'm
strategy was collaboration probably will have a much easier negotiation we both
going to lose my job if I don't make a
want the same thing we can try to find out where can I give you something we
good deal. My boss has told me, "Hey, Warden,
can you give me some
if you don't make a good deal this time,
however the problem is very very often the two sides have different strategies
you're fired. Until I feel I must get a good
they have different answers to these two questions and by having different
deal, and so I don't care what happens in
answers to these two questions their approach is going to be very different
the future. I just care to keep my job.
and when you put those different strategies together and negotiation
Now, so that could be on an individual
that's where the negotiation gets tough gets hard not easy to come to an end to
level, on a company level competition
a conclusion and lots of times it means somebody's going to win and somebody's
strategy. Okay. Let's take a look at
going to lose
another strategy on the other dimension
ok we have some exercises in the textbook specifically some fill in the
here. Just take a look over here, and what
gap it's not hard it's not meant to be hard
do we have? Avoidance--avoidance, avoidance, what does
these exercises actually meant to be easy
avoidance mean? Well, you can see in the
the reason I give them to you i want you to begin thinking in this way right
slide avoidance's relationship not
what other two questions what are the strategy what are the words that i can
important and outcome not important. So
use in a regular negotiation because when we execute our negotiations in our
what does this tell us? I don't need this
virtual space i want you to be using that much as possible thinking like a
company over a long period of time in
businessperson thinking this vocabulary and I hope using English ok so please
the future, not important to me. And right
take a look at that exercise
now, today, this deal is this important? No,
hey there ok so i think we're going to wrap it up here pretty straightforward
we don't really need this deal now. So in
right
this case, I use the avoidance strategy,
can I ask you how many strategies are there can i ask you what are the two
which means that when I negotiate I'm
most important questions to form your strategy i think i can do that and you
very easy to say, "Well, you know what? I
can answer quickly when we negotiate before you enter the negotiation before
withdraw. We don't want to negotiate
you see the other side ask these two questions right
anymore. Now, we don't need this deal.
how important is the outcome to me now to my company to my team and how
We're just going to walk away." So the
important is the relationship with the other side over time into the future
other side always is worried I can just
right and then choose one of your four strategies
give up. That's my strategy, avoidance. I
ok so see you next time for negotiation
don't really want to negotiate. "If you
good luck in your negotiations
don't like my price, well, okay I don't
yeah
sell to you then. If you don't like this,
okay, never mind, go somewhere else. I
don't need you in the future and I don't
need this deal today, so that's the
avoidance strategy. Okay. Let's look at
our final strategy. Our final strategy is
collaboration, collaboration. Now
collaboration means that we try to work
together. That's not exactly the same as
cooperation,
similar but a little bit different
meaning. But anyway, the point is we're
doing things together. We're trying to
work together. Collaboration, how does
this answer the two questions? Do I need
this relationship in the future? Yes, very
important. Do I need this deal now? Yes,
very important. I need a good deal now,
very important to me. And I need to have
a good relationship with my counterpart,
the other company in the future. So what
do I do? I collaborate. What does that
mean? I give some things. I asked for some
things. I try to get them to give me what
I want, and I try to give them what they
want. Hopefully, by giving them what they
want and they give me what I want, we can
both get what we want, and that would be
collaboration. Okay. Let's put these all
together here. So here, we have our four
strategies and our two questions. I think
this is really quite amazing. And it's
something you need to really keep in
mind because it's not as complicated as
one would think. What we're looking at
are two basic questions and four
fundamental strategies. How important is
a relationship? how important is this
outcome right now? Accommodation,
competition, avoidance, collaboration. Okay.
Now, that seems pretty straightforward
and pretty easy i think, not complicated.
That's really a great insight. If you can
keep this in your mind, as you prepare
for your negotiation, this will be super
helpful to you. However, just because
there's four strategies, doesn't mean
negotiating now has become easy. The
reason it's not easy, we can think about
very quickly. If i want to collaborate
but you want to compete, how can we
negotiate? In other words, I want to keep
a good relationship with you,
and I want to have a good outcome now.
But you don't care about the
relationship. You only want a good
outcome now. So our two strategies are
fundamentally different. Of course, if
your strategy was collaboration, and my
strategy was collaboration, probably we'll
have a much easier negotiation. We
both want the same thing. We can try to
find out where can I give you something,
where can you give me something. However
the problem is very, very often, the two
sides have different strategies. They
have different answers to these two
questions, and by having different
answers to these two questions, their
approach is going to be very different.
And when you put those different
strategies together, in negotiation,
that's where the negotiation gets tough,
gets hard, not easy to come to an end, to
a conclusion. And lots of times, it means
somebody's going to win, and somebody's
going to lose.
Okay. We have some exercises in the
textbook, specifically, some fill in the
gap. It's not hard. It's not meant to be
hard. These exercises are actually meant
to be easy. The reason I give them to you
is I want you to begin thinking in this
way, right? What are the two questions?
What are the strategies? What are the 245 00:12:15,230 --> 00:12:19,640 words that I can use in a regular
negotiation. Because when we execute our
negotiations in our virtual space, I want
you to be using that as much as possible,
thinking like a business person, thinking
with his vocabulary, and I hope using
English. OK. So please take a look at
that exercise A there. Ok, so I think
we're going to wrap it up here. Pretty
straightforward, right? Can I ask you how
many strategies are there? Can I ask you
what are the two most important
questions to form your strategy? I think
I can do that, and you're going to answer
quickly, "When we negotiate, before you
enter the negotiation, before you see the
other side, ask these two questions, right?
How important is the outcome to me now,
to my company, to my team? and how
important is the relationship with the
other side over time, into the future,
right? And then choose one of your four
strategies. OK. So see you next time for
negotiation. Good luck in your
negotiations!