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What Makes A Smart Negotiator?



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By : adam howard    99 or more times read
Submitted 2010-08-08 23:42:05
What are the traits of an effective negotiator? Do attorneys, politicians, realtors, automotive salesmen, or other professions automatically create an individual a sensible negotiator? Not necessarily. Do sure professions receive specific negotiation training? Not always. Listen to what attorney and author Leo Reilly had to mention regarding negotiation coaching in his book, How to Out Negotiate Anyone (Even a Car Dealer), "I negotiated the mergers of companies, the dissolution of partnerships, and how a lot of audited taxpayers would pay to the IRS. And, like almost each lawyer or businessperson I've got ever met, I did this with no formal instruction on a way to negotiate." Reilly goes on to say, "Negotiating could be a elementary business skill, yet most people are unaware of the way to handle the most basic negotiations."
This brings us back to the query, "What makes a smart negotiator?" The reality is you will find negotiators in all shapes and sizes. Negotiators will use completely different ways, ways, and traits to successfully negotiate various conflicts, deals, purchases, and something else negotiable. There's no one size fits all. In fact, you may realize successful negotiators that abhor other successful negotiators' practices. Whereas both may achieve success, they may use completely totally different styles, ways, and techniques to induce the task done.
We have a tendency to are still left with the initial question. To provide an answer and give something that we can all profit from concerning our own negotiation styles and practices, I looked to 3 opinion polls that Chester L. Karrass wrote concerning in his book "The Negotiating Game." These polls checked out attorneys, accountants, retail buyers and real-estate brokers to work out how they viewed negotiations. Additionally, the literature of diplomacy, business and collective bargaining was probed for a deeper insight into the personality makeup of successful men and girls in general. Karrass writes that as a results of the studies, the flexibility to measure bargaining skill objectively and to perceive how the attitudes of these numerous skilled groups differ with respect to the qualities necessary for a 1st-rate negotiator was now available.
Nearly five hundred negotiators took part in the survey, and it not stunning that there have been significant differences between the answers of the numerous groups. Industrial negotiators, like salespeople, engineers, buyers and contract-management people differed in their responses compared to commercial negotiators such as attorneys, accountants, real-estate brokers and retail-clothing buyers. As a cluster, those in commercial activities placed bigger emphasis on analytical ability, vanity, and patience. Attorneys and accountants see negotiation as a problem-solving affair instead of as a hunt for reaching objectives. No other professions surveyed were so emphatic on these points.
Karrass reports that this study provides 2 clear lessons: one) the distinction in opinion between various professionals is important, and a couple of) when members of various professions assist each other at the bargaining table they're probably to read negotiations traits in numerous ways. We tend to are currently back where we tend to started; acknowledging that there are various ways that to barter and successful negotiators return in all sizes and shapes and possess numerous traits.
But, the professionals that were surveyed, and who ought to know the most concerning negotiation, collectively believe that the following seven traits are most significant:
1. Coming up with Skill
2. Ability to suppose clearly underneath stress
3. General practical intelligence
4. Verbal ability
5. Product data
6. Personal integrity
7. Ability to perceive and exploit power
This can be not a bad list. I am positive we can all agree that these traits are necessary during negotiations. Are they the be all and finish all of negotiation? No. Are there different traits we have a tendency to will develop to enhance our negotiation success? Certainly. The list will give us a sensible start in answering our query of what makes a smart negotiator. It might benefit anyone who wanted to boost their negotiation skills to critique these traits at intervals themselves and work toward developing these traits to their maximum potential.
Besides the list on top of, I suppose it would be useful to look at all the traits and the way they were ranked by attorneys in the survey. The subsequent is pulled from the Appendix of "The Negotiating Game." The traits are ranked from highest importance to lowest among every group.
TASK-PERFORMANCE GROUP
Planning
Drawback-solving
Product Information
Initiative
Reliability
Goal-striving
Stamina
AGGRESSION GROUP
Power exploitation
Persistence
Team leadership
Competitiveness
Courage
Risk-taking
Defensiveness
SOCIAL GROUP
Personal integrity
Open-mindedness
Tact
Patience
Personal attractiveness
Trust
Compromising
Appearance
COMMUNICATION GROUP
Verbal clarity
Listening
Heat rapport
Coordinating
Debating
Role-playing
Nonverbal
SELF-WORTH GROUP
Gain opponent's respect
Self-esteem
Self-control
Moral commonplace
Personal dignity
Risk being disliked
Gain boss's respect
Organizational rank
THOUGHT GROUP
Clear thinking under stress
Analytical ability
Insight
General practical intelligence
Decisiveness
Negotiating expertise
Broad perspective
Education
There you have it. Completely different teams of traits that are vital to negotiations, and the way surveyed attorneys ranked the traits when asked, "what makes a good negotiator?" We have a tendency to could never have a definitive answer to the query, but I can guarantee that anyone who focuses on improving the traits listed higher than will not only become a better negotiator and attorney, however a higher person and member of society, and I assume we tend to will all agree that will be a worthy goal.

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