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Win-Win Negotiations
Steve Schlueter
Steve Schlueter
Round Rock, Texas
Operating Principal
KWU International Master Faculty
KW MAPS Coach
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• Win-Win Negotiations
• Simple Process of Negotiating
• Tactics and Countertactics of Negotiating
Negotiation
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Ne.go.ti.a.tion• Bargaining (give and take) process between
two or more parties (each with its own aims, needs, and viewpoints) seeking to discover a common ground and reach an agreement to settle a matter of mutual concern or resolve a conflict.
Source: businessdictionary.com
Win-Win Negotiations
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Negotiator’s Mindset:
“?” not “!”
Win-Win Negotiations
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1. Get to know the other person
2. Establish negotiation criteria
3. Include all the issues
4. Be clear about the wins
5. Navigate to agreement
Simple Process of Negotiation
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1. Get to Know the Other Person
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Different personality
styles must be
accounted for in
negotiating.
Personality Styles
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Based on personality:
“D” – Pragmatic
“I” – Extrovert
“S” – Amiable
“C” – Analytical
Negotiating Types / Styles
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• Street fighters
• Go for what they want
• Certain that there are “winners”
and “losers”
• Want to be “winners”
• Fight hard and see little need for concessions
• Negotiation challenge: Hold a fixed position
Pragmatic – “D”
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• Enthusiastic, often overly so
• Lose sight that others are not
as enthusiastic
• Negotiation challenge: Often
ignore feelings of others in
a negotiation
Extrovert – “I”
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• Pacifiers
• Goal: Make everyone happy, not
necessarily win the negotiation
• Dread high pressure encounters
• Long for a solution, even if it doesn’t meet
their requirements
• Negotiation challenge: Easily swayed
Amiable – “S”
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• An executive by nature
• Rigid in negotiation
• Reluctant to be flexible
• Precise on the details
• Concerned with underlying principle of any
issue
• Negotiation challenge: Inflexibility
Analytical – “C”
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2. Establish Negotiation Criteria
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3. Include All the Issues
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that money is the bottom line!
Never Assume …
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Three Critical Factors
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Understand and gain power.
Possibly the most important element in any
negotiation:
• One is controlling (has power)
• One is being controlled (no power)
1st Critical Element: Power
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1. Legitimate Power2. Reward Power3. Punishment Power4. Reverent Power5. Charismatic Power6. Expertise Power7. Situation Power8. Information Power
Eight Types of Power
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Manage information.
• More information = more power• Gathering information:
• Ask open-ended questions• Keep repeating a question• Question other people• Bring in an expert• Carefully select the negotiation location• Shop around
2nd Critical Element: Information
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Manage time.
• Flexibility and concessions come with pressure and time
• Higher pressure = worse outcome in negotiations
• 80 percent of concessions occur in the last 20 percent of negotiation time
3rd Critical Element: Time
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Two Laws of Win-Win
Who defines “Win”?
4. Be Clear about the Wins
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5. Navigate to Agreement
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Predictable Responses
Tactics and Countertactics
Strategies of Negotiation
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1. Nibbling
2. Hot Potato
3. Higher Authority
4. Set-aside Gambit
5. Mediator
6. Never Take the First Offer
Tactics and Countertactics
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7. Trade-off Principle8. Take-Away9. Throw-in10.Vise Technique11.Power of the Printed Word12.Withdraw Offer Principle13.Easy Acceptance14.Funny Money
Tactics and Countertactics
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15.Good Guy/Bad Guy
16.Feel, Felt, Found
17.Smart/Dumb
18.Service Value (Menu)
19.Walk Away
20.Flinching
Tactics and Countertactics
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21.Decoy Technique
22.Red Herring
23.Puppy Dog Close
24.Reluctant Buyer
25.Want-It-All Philosophy
26.Splitting the Difference
Tactics and Countertactics
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• Consultation & Needs Analysis• Value, then Price• Anchor with a Menu• Practice the Flinch• Validate their Objection• Justify (don’t defend)• Use the Take-Away• Use the Throw-In• Know your Tolerances• Listen to Kenny Rogers
Negotiating Your Commission
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“What’s the outcome I want out of this
negotiation? And what’s the best way to get
there?”
Ask Yourself
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• Study the personality styles / types
• During your next negotiation, identify tactics
and counter tactics used
• Mastery = Practice
Takeaways
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