How Leaders Should Negotiate?

Nearly everything, we do, involves a certain degree of negotiating. We negotiate, at home, at work, and during all our activities. However, perhaps, never is negotiating skill, experience, expertise, and ability, more necessary and needed, than, in being a quality leader. With that in mind, this article will attempt to briefly examine, consider, discuss, and explain, how and why, it’s so important, for a true leader, to negotiate, and why, it is a leader, who determines, whether negotiations are successful, or less satisfying.

1. Learn the skills and necessities: The first thing, one must understand and clearly, know, is successful negotiations, are not about, merely, winning, but, rather, the best results arise from a win – win, mindset, process and approach. While lying/ distorting, making over – stated claims/demands, might get immediate gratification, in the longer – term, results will suffer, unless/ until, both sides depart from the process, believing they have achieved, what they needed, to do, for the interests of their organization, etc. Begin by learning to effectively listen, and learn, what the other side, is needing, and stating, and gain knowledge, and expertise, from every conversation and experience. Do extensive homework, and seek, to create a meeting of the minds, by identifying mutual, cost – saving areas, concept, and plans, and realizing, when you create a new benefit, for the other side, there’s more, they might be able to offer you.

2. Examples: If you are negotiating, for example, with a venue for an event, which includes food, discuss ways to reduce the venue’s costs/ expenses, and ask for them to share those savings, with you. Think outside – the – box, and determine, how communicating, with integrity, from the onset, and clearly, explaining, what you need, and your limitations, and you will improve your results.

3. Don’t lie!: You need a meeting – of – the – minds, which requires mutual trust. Doing so, requires significant efforts, and time, to create, but, one lapse, will usually destroy your efforts.

4. Clarify and organize, using a Request for Proposal (RFP): Make yourself clear, from the beginning, by beginning the process, with a Request for Proposal, or, RFP, and make it, as thorough and complete, as possible! Pit one venue, against another, and select the one, which meets your needs, and budget. Know your budget, from the onset, so you might properly plan, and negotiate. The responses to the RFP, should be included, as part of the final contract.

Negotiate, like a leader, and do so, from strength, expertise, experience, and maintain absolute integrity. Are you ready to lead effectively?