Nothing Personal
Winning at negotiation means learning what to bring to the table--and what to leave at home.
URL:
http://www.entrepreneur.com/magazine/entrepreneur/2003/october/64542.html
For better or for worse, I've spent the past 20 years
helping people make better business deals. Some of those deals
involved large sums; some didn't. I'd like to use this 50th
column to offer personal observations about life at the bargaining
table.
First, to paraphrase psychologist Albert Ellis, "No one has
to be nice to you." To be thick-skinned yet sensitive to the
innards of others is a great gift for any negotiator. Simply being
"sensitive" isn't. There's a certain
rough-and-tumble to making deals. Make no mistake: Points are
awarded for artful deception, omission and obfuscation. If
you've got your heart on your sleeve while everyone else is
close to the vest, it will not be fun for you. No one goes through
life without negotiating. The sooner you get over it, the
better.
I'm always astonished at how quickly participants polarize
when negotiating. In my business community, the entertainment
industry, each category of participant--whether it's an agent,
a producer, the talent, an executive or a manager--is subject to a
predictable set of political pressures. Yet so many deal-makers
have no clue! People take positions like crack recruits falling
into order, even when the week before, they had the same exact
concerns as their new "enemy."
I can't say that bargaining brings out the worst in people,
but it often brings out the pettiest. Whether it's through ego
or trivial personal dislikes, all too often, opponents feed each
others' neuroses. There's no need to become emotionally
involved. Think big picture. The vast majority of deals will close
within a well-known commercially acceptable range, give or take a
little. The stronger negotiators move closer to the top of the
range, the weaker sink to the bottom. That's all. It's more
about circumstance and relative bargaining power, not the
characters involved. Why make it so personal?
Above all, keep learning. Take a chance. Try a tactic or
approach that's new for you. After all, the more tools at your
negotiation workstation, the better. Do postmortems on your
negotiations. Be honest with yourself. Everyone can improve their
game, and you're probably no exception. If you can get reliable
feedback, then I'm envious. It's so rare. Like poker, one
of the lousy things about business is that you rarely get to see
the other person's hand. Without that feedback, negotiation
becomes a test with a raw score but no scale.
Deal-making is the ultimate people skill. It's not just
about getting more of what you want in business; it's about
getting more out of life. Good deal-makers are more prosperous,
influential and confident (at least publicly). And for great deal-
makers, negotiation is indeed a beautiful thing. So teach your
children to negotiate. And pray they don't use it against
you.
A speaker and attorney in Los Angeles, Marc Diener is the author of
Deal Power.
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