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  • Wednesday, October 14, 2009 - 16:11

    Poor planning is the first mistake identified in an article about negotiation pitfalls on the Stanford Graduate School of Business website.

  • Wednesday, October 7, 2009 - 10:13

    CIT Group, a US commercial lender, is negotiating with its bondholders to exchange a portion of its debt for equity. To increase its leverage, it is simultaneously preparing to apply for Chapter 11 bankruptcy protection - and default on $800 million in debt due next month.

    As I describe in my most recent monthly column, leverage is a combination of two factors:

  • Wednesday, September 30, 2009 - 08:41

    Many variables impact the offer-concession stage of a negotiation. What issues to address first and when and how much to move should be considered during your strategic planning process. Here are my Top Ten rules of thumb for orchestrating the best game plan once the negotiation begins:

    1. Expect, plan and insist on reciprocity of movement. Be prepared to give to get but don't give more unless you're getting more.

  • Wednesday, September 9, 2009 - 07:17

    The Phoenix Coyotes professional hockey franchise is facing a bankruptcy court auction this week. One likely bidder is Jim Balsillie, co-CEO of Research In Motion (which makes the Blackberry).

  • Wednesday, September 2, 2009 - 12:16

    Walt Disney announced on Monday its acquisition of Marvel Entertainment in a $4 billion deal. Both sides stand to benefit. Marvel gains access to Walt Disney's powerful marketing and distribution system, including Disney's theme parks and cable television channels, and significantly improves its ability to finance its movies.

  • Wednesday, August 26, 2009 - 08:04

    To conclude my trilogy of blog posts about negotiation styles, here are my Top Seven Characteristics of Conflict Avoiders:

    1. Strong need to avoid conflict, especially open conflict

    2. Belief that almost all conflict is unproductive

    3. Extremely uncomfortable with emotional conflict

    4. High skill level at avoiding answering questions

    5. High skill level at avoiding addressing undesirable issues

  • Wednesday, August 19, 2009 - 07:57

    As a follow-up to last week's blog about preferred negotiation styles in which I identified three broad categories of styles (competitors, accommodators and conflict avoiders) and shared a list of competitor characteristics,

  • Wednesday, August 12, 2009 - 06:28

    One important aspect of negotiating is to understand your and your counterpart's preferred negotiation styles. I have found it helpful to categorize negotiator styles into three broad categories: a) competitors, b) accommodators and c) conflict avoiders. Of course, these categories describe general tendencies which can change depending on the context and the self-awareness of the individual. Which is your preferred style? To get you to think about it, here are my Top Ten Characteristics of Competitors:

  • Wednesday, August 5, 2009 - 06:57

    Former President Bill Clinton met yesterday with North Korean leader Kim Jung-il seeking the release of two imprisoned American journalists. Fortunately, he was successful and the journalists have now been reunited with their families in the United States. In light of Kim Jung-il's sordid reputation, here are my Top Ten Tactics for Negotiating with the Unethical and Untrustworthy:

    1. Ensure significant negative consequences for any breach by your counterpart, increasing the likelihood they will actually follow through on their commitments

  • Wednesday, July 29, 2009 - 06:24

    CNN reported today that Democratic leadership in the House reached a deal with several "Blue Dog" Democrats to allow the Energy and Commerce Committee to resume its debate of the health care bill with a vote expected by the end of the week.

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