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University of Westminster 2010-2011 Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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Page 1: University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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2010-2011Negotiation and the Negotiation Competition

Session 2/ Graham Robson

Negotiation Skills…and the Negotiation

Competition

Page 2: University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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2010-2011Negotiation and the Negotiation Competition

How a negotiation might go

Page 3: University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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2010-2011Negotiation and the Negotiation Competition

• Opening– Nice to meet you. I feel sure we can do a deal

that will be good for both our clients…• Discussion of situation

– We need a good job done promptly.• Information gathering

– Has your client done this kind of work before?• Opening position

– We can do the building job in 6 weeks for £25,000

Getting started

Page 4: University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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2010-2011Negotiation and the Negotiation Competition

• Signalling – maybe/ we could look at that

• Proposing – We need the job doing in 4 weeks for £20,000

• Bargaining– If we do the job in 4 weeks, that would be

£30,000• Packaging

– If you do it in 4 weeks, we will pay you £25,000 provided you can start in 2 weeks’ time and give us a 2 year guarantee

Moving towards a deal

Page 5: University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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2010-2011Negotiation and the Negotiation Competition

• Summarising– OK so we are agreed our clients will do the job

in 5 weeks for £25,000, start in 3 weeks and give you a 1 year guarantee

• Closing– Nice to do business with you. We’ll just check

this with our clients

• Documenting– We will draw up the contract and send by Friday

Wrapping it up

Page 6: University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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2010-2011Negotiation and the Negotiation Competition

Funny but some serious ideas…

• The Art of Negotiating

• Practical focus on– Signalling– Proposing– Bargaining

Page 7: University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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2010-2011Negotiation and the Negotiation Competition

Legal negotiation

Page 8: University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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2010-2011Negotiation and the Negotiation Competition

Legal negotiation

• Lawyers have a duty to do the best they can for their clients

• But they must act ethically

Page 9: University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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2010-2011Negotiation and the Negotiation Competition

Legal negotiation

• You are acting on behalf of a client • Make sure you have full instructions about

what the client wants• Client may want you to use a particular

strategy (get instructions)• Rarely completed in one session –first

session could be mainly information gathering

Page 10: University of Westminster 2010-2011Negotiation and the Negotiation Competition Session 2/ Graham Robson Negotiation Skills… and the Negotiation Competition

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2010-2011Negotiation and the Negotiation Competition

Where do you go from here?

• Practice negotiating in real life

• Practice using scenarios