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Offer Choices
To learn more about your counterpart’s interests and tradeoffs, you can present her with a choice of two packages of equal value to you, and—without asking her to accept or reject either—ask her which package is better for her. If you have designed your packages carefully, you will learn something about her side’s tradeoffs, and move in a value-creating direction while revealing little about your preferences.
Similarly, if you are a buyer of a multi-featured product or service, you can ask the seller to price the product or service both with and without a certain feature. In this way, you can learn about their tradeoffs without revealing yours.
Naturally, it takes more than a few clever tactics to steer a negotiation your way. Combined with the upfront effort spent designing and setting up the deal, fostering goodwill by sharing and eliciting information wisely will help keep a negotiation moving in a productive direction.
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Copyright © 2007 David A. Lax and James K. Sebenius
April 2007 |
Copyright © 2007, The Negotiator Magazine |