• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
donald mcmichael

donald mcmichael

value-enhancing outcomes

  • Portfolio
  • Articles
  • MicroBlog
  • About
  • Contact

60 Second MBA: Rescue Your Negotiations; 3 Commandments

 
Today's tip on negotiating comes directly from a conversation I had with one of my neighbors Marty. It is often said that great neighbors are the result of a strong fence. If that’s the case then outstanding neighbors are those who have a knack for sharing appropriate knowledge & wisdom. There were definitely some gems in this exchange.

Question:
What is the most common reason, or two, that negotiations fail/breakdown/stall? What can be done to avoid it?

Answer:
The reasons negotiations fail, stall or breakdown are actually varied. Please note the following is based on observations of practitioners, and as such, it has presented itself enough such that it is very much a reality.

The most common reason is that one party chooses not to negotiate.  They take a stance that is non-negotiable in their mind and they will then just decide not to negotiate at all. When you don't engage the other side there is no negotiation, just standoff. Or worse yet, if they do engage having a fixed position it results in an argument.

Other reasons can include:
  • One or both sides do not understand the problem and you try to resolve the conflict by resolving the wrong problem.  That leads to argument.
  • It also may be outside policy or the authority of the other person to negotiate.  This may be the fact you are negotiating with a person who is not a decision maker, or it is truly out of policy or out of bounds.
  • One party makes a unrealistic proposal.  This leads to argument and may lead to an equally unrealistic counter proposa
  • One party just haggles with you on one issue; price, time, etc.  This is not a negotiation and it may lead to both sides being disappointed by just having a bit of what they really want.

So how can you avoid false signals, misunderstandings, weak arguments, confusion and ultimately a loggerhead?
  • Plan out what it is that they may need or even know what they need then see how you can work it into what your desired result.
  • Be specific in you communications, and make sure that the counterparty is as well, about needs in order to resolve the conflict.  Don’t leave the other party to guess because normally they are wrong.
  • Make a proposal.  If neither side communication how could you expect movement toward a mutually agreeable space?

About the Insight Contributor: Marty Finkle is the CEO of Scotwork (NA) Inc. Marty runs Scotwork’s North American business where he and his team of seasoned negotiators work with over 100 companies in over 20 industries focused on negotiations.

Filed Under: 60 second MBA, blog, Business Management Tagged With: alliances, business development, Business Management, client acquisition process, critical thinking, negotiation

Primary Sidebar

THE 411 ON THIS SITE

Donald McMichael
Insights for entrepreneurial leaders that help them answer two fundamental questions "Where should we play?" and "How do we win?".

Why am I passionate about this? Well here’s

My Backstory...

Recent Posts

  • Don’t call it a comeback
  • Drowning in Data, Surviving with Smarts: Why AI Alone Isn’t the Answer
  • Finding the 10% That Matters: A CFO’s Guide to Strategic Data Use
  • Navigating the Ethical Landscape of AI-Driven Process Optimization
  • Boosting Efficiency: The Power of AI Process Optimization

“At the end of the day, finance leaders have to be proper storytellers. You have to be constantly on top of your data and tell the story behind the numbers... The CFO has to be on top of information flow at all times.”

Gerardo Adame, VP Finance at XP Power, and Mark Partin, CFO of BlackLine

Footer

Contact

  • Website
  • Email
  • Phone

Navigation

  • Home
  • Portfolio
  • About
When it is obvious that the goals cannot be reached, don't adjust the goals, adjust the action steps. - Confucius

Also connect with me here

  • LinkedIn
  • YouTube

Copyright © 2025 · Studio Pro on Genesis Framework · WordPress · Log in