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Competency: Negotiation

Definition: Negotiation Skills are about understanding the positions of each side and using interpersonal skills to be resolute in positions and setting boundaries yet also be flexible and strategic in generating solutions and building consensus. These skills help articulate well prepared and data driven positions that are persuasive. Having self-control and being perceptive to the emotions and positions of others and remaining calm and composed are also very important to becoming a skilled and effective negotiator.
People Skills
Interpersonal Skills
Collaboration
Trustworthy
Responsible
Client Focus
Customer Focus
Empowering Others
Developing Others
Co-worker Development
Coaching
Partnering/Networking
Conflict Management
Negotiation
Teamwork
Recognition
Others
Assessments Measuring Negotiation Skills:
Survey 1 (4-point scale; Competency Comments)
Survey 2 (4-point scale; Competency Comments)
Survey 3 (5-point scale; Competency Comments)
Survey 4 (5-point scale; radio buttons)
Survey 5 (4-point scale; words)
Survey 6 (4-point scale; words)
Survey 7 (5-point scale; competency comments; N/A)
Survey 8 (3-point scale; Agree/Disagree words; N/A)
Survey 9 (3-point scale; Strength/Development; N/A)
Survey 10 (Comment boxes only)
Survey 11 (Single rating per competency)
Survey 12 (Slide-bar scale)
What is Negotiation?
Effective negotiation involves comprehending each party's stance and employing interpersonal skills to firmly uphold your positions while setting clear boundaries. At the same time, it's crucial to remain adaptable and strategic in crafting solutions and fostering agreement. These abilities enable you to present well-prepared, data-driven arguments persuasively. Maintaining self-control, being attuned to others' emotions and perspectives, and staying calm and composed are also essential traits for becoming a proficient and impactful negotiator
Why are Negotiation Skills important?
Negotiation skills are crucial for businesses as they help in building strong relationships with stakeholders, ensuring mutually beneficial agreements. They also play a vital role in resolving conflicts and achieving business objectives efficiently. Additionally, effective negotiation can lead to cost savings and improved profitability by securing favorable terms with suppliers and clients.
How can I improve Negotiation skills?
  • Understanding Positions: Actively listen and ask open-ended questions to uncover underlying interests and priorities. Additionally, stay informed about the current business and market environment to better grasp the context and motivations of both parties.
  • Interpersonal Skills: Focus on building rapport and trust by actively listening and showing genuine respect for others' views and opinions. Additionally, maintain open and consistent communication channels to foster collaboration and understanding throughout the negotiation process.
  • Resolute: To become more resolute as a negotiator, strengthen your confidence in your position by thoroughly understanding and believing in the value of your proposals, and clearly define your priorities and non-negotiables. Additionally, always know your BATNA and be prepared to walk away if core interests are not met, ensuring you stay focused and avoid distractions.
  • Strategic: To become more strategic as a negotiator, familiarize yourself with various negotiation styles and adapt your approach based on the specific context and needs of the moment. Additionally, reflect on past negotiations to identify successful strategies and leverage the motivations of each party to find mutually beneficial solutions.
  • Generates Solutions: To enhance your creativity in negotiations, focus on collaborative problem-solving by openly sharing information and brainstorming new ideas with all parties involved. Additionally, aim to develop win-win solutions that align interests and add value for everyone, ensuring fair and mutually beneficial outcomes.
How is Negotiation important in business?
  • Mutual Respect: Negotiation fosters an environment of mutual respect and understanding, which can lead to more sustainable and positive relationships.
  • Win-Win Solutions: It aims for solutions that benefit all parties involved, rather than one side imposing its will on the other.
  • Reduced Resistance: People are more likely to comply with and support agreements they have had a hand in shaping, reducing future conflicts.
  • Preservation of Relationships: Negotiation helps maintain and even strengthen relationships, as it avoids the resentment and hostility that coercion can create.
  • Creative Problem-Solving: It encourages creative thinking and problem-solving, as both parties work together to find mutually acceptable solutions.
  • Long-Term Benefits: Agreements reached through negotiation are often more durable and effective in the long term because they are based on consensus and cooperation.
What questions could be included on a 360-degree survey that measure negotiation skills?
The questionnaire items below will measure negotiation skills. These questions are grouped into different facets of negotiation. When creating a 360-degree or other performance assessment, try to select one or two items from each group.

360-Feedback questions that measure Negotiation



Understands the Positions


Interpersonal Skills


Resolute


Sets Boundaries


Flexibility


Strategic


Generates Solutions


Data Driven


Well Prepared


Initial Moments


Skilled and Effective


Articulate


Persuasive


Perceptive


Builds Consensus


Calm and Composed


Self-Control
Want more Negotiation items?
View more Negotiation items here.