Leadership, Quest Newsletter
10 Traits of a Great Executive Team
The success, or the failure, of an executive team can be felt throughout the organization. Strong teamwork and communication at the top, trickles down through all levels of management, to frontline employees. However, when something…
Read MoreNegotiating Tactics
Negotiation Tactic #42 – Feeling Hurt or Betrayed
Summary: Appealing to a counterpart’s feelings by acting personally upset by an offer. Most negotiators want to avoid hurting someone else’s feelings. Tough negotiators don’t mind being ruthless, since they consider their actions just a…
Read MoreLeadership, Leading Change
5 Ways to Break your Status Quo Culture
When it comes to innovation and change, there will always be skeptics who feel a moral obligation to guard the current ways of doing things. They are famous for the line, “Not all change is…
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Negotiation Tactic #41 – If. . . Then
Summary: Making an offer that is contingent on specific conditions. This tactic, which is similar to The Trial Balloon, is used to check out your counterpart’s acceptance of your proposal. This tactic is based on…
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Negotiation Tactic #40 – The Trial Balloon
Summary: Testing to see how firm a counterpart is on certain issues. Finding out how firm your counterpart is on the key issues is often helpful in a negotiation. You can get some information by…
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Negotiation Tactic #39 – Take It or Leave It
Summary: Sending the message that if the counterpart doesn’t agree to the offer, the negotiation is finished. An effective tactic used by negotiators is saying, “This is our best and final offer. Take It or…
Read MoreThe Master Negotiator
How to Keep your Emotions in Check While Negotiating
Emotions such as anger, fear, or not feeling valued have caused many negotiations to escalate out of control and have destroyed relationships. However, when channeled positively, emotions are a good thing. For example, empathy can…
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Negotiation Tactic #38 – Moving the Deadline
Summary: Changing the time for reaching a decision on a deal point. Since many negotiators set a deadline for making a decision, it is important to note that almost every deadline can be moved. Instead…
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Negotiation Tactic #37 – There is More Than One Way to Skin a Cat
Summary: Preparing multiple options for resolving deal points before a negotiation begins. In a negotiation, the counterpart with the greatest number of viable options usually gets the best outcome. A good tactic is to walk…
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Negotiation Tactic #36 – Making the First Offer
Summary: Being the first to put forth an offer in a negotiation. Some negotiators believe you should never make the first offer. We have watched negotiations stall because neither counterpart was willing to make the…
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