Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Fidelity Bank MD, Nneka Onyeali-Ikpe Gets National Award

    May 30, 2023

    Napoli offer Osimhen pay rise

    May 30, 2023

    Alex Otti plans to recruit 5,000 teachers

    May 30, 2023
    Facebook Twitter Instagram
    Megastar Magazine
    • Politics

      Alex Otti plans to recruit 5,000 teachers

      May 30, 2023

      Tinubu makes history as first former governor, senator to be president

      May 30, 2023

      An End And A New Beginning For Nigeria

      May 30, 2023

      President Bola Tinubu Inspects Guard of Honour

      May 30, 2023

      ASIWAJU TINUBU’S DATE WITH DESTINY

      May 30, 2023
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment May 30, 2023

      5 classic Nigerian shows that kept us glued to our TVs

      Recent

      5 classic Nigerian shows that kept us glued to our TVs

      May 30, 2023

      Lawrence Happy at the maids.com

      May 29, 2023

      Lawrence Happy at maids.com

      May 29, 2023
    • Business

      Fidelity Bank MD, Nneka Onyeali-Ikpe Gets National Award

      May 30, 2023

      AMNESTY: FROM STIPEND TO ENTREPRENEURSHIP

      May 30, 2023

      Fancy Acholonu Nigerian-American model & entrepreneur launches new fragrance line, Simply Fancy

      May 30, 2023

      Nigerian youths are creative, resilient – MTN foundation

      May 29, 2023

      How to be productive with your phone

      May 29, 2023
    • Health

      Skincare Myths For Everyone Who Cares

      May 25, 2023

      CIPM celebrates International HR Day

      May 24, 2023

      No need for Nigerian Presidents to travel Abroad for medical treatment – Aisha Buhari 

      May 20, 2023

      Should You Soak Your Feet In Cold Water To Relieve Pain At Night Regularly ? 

      April 30, 2023

      Panorama: When Suicidal Thoughts Loom: Be Resilient, Be Optimistic.

      April 25, 2023
    • Culture

      Legend of Alkebulan Showcases African Rich Culture

      May 24, 2023

      My NYSC Story: I discovered myself and want to serve all over again

      May 22, 2023

      10 Morning Routine Habits Of Successful People

      May 11, 2023

      Photo Shows “White Ram Intended for Sacrifice” for Crowning of Prince Charles as King of England?

      May 9, 2023

      Why we are slow in picking new Alaafin, Soun — Makinde

      April 28, 2023
    • Lifestyle

      10 things to know about late Raymond Dokpesi

      May 30, 2023

      ASIWAJU TINUBU’S DATE WITH DESTINY

      May 30, 2023

      Dangote came to Lagos with nothing, built an empire in 45 years – Sanwo-Olu

      May 30, 2023

      Atiku, Murray-Bruce, Momodu, others mourn Dokpesi   

      May 30, 2023

      OUR FATHER AND HERO HIGH CHIEF RAYMOND DOKPESI HAS PASSED ON

      May 29, 2023
    • Sports

      Napoli offer Osimhen pay rise

      May 30, 2023

      Man Utd beat Chelsea 4 – 1, qualify for Champions League

      May 26, 2023

      Man Utd Asked to Pay £140m for Osimhen’s Transfer to Old Trafford 

      May 26, 2023

      Shaibu Says Edo Ready to Host Nigeria’s First Gold Label Race at Okpekpe 

      May 26, 2023

      Shaibu Says Edo Ready to Host Nigeria’s First Gold Label Race at Okpekpe 

      May 26, 2023
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home»Business»MASTER THE ART OF NEGOTIATION: SIX EFFECTIVE STRATEGIES FOR SUCCESS
    Business

    MASTER THE ART OF NEGOTIATION: SIX EFFECTIVE STRATEGIES FOR SUCCESS

    Ifetayo AdeniyiBy Ifetayo AdeniyiMay 2, 20232 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

     

    MASTER THE ART OF NEGOTIATION: SIX EFFECTIVE STRATEGIES FOR SUCCESS

    Improve Your Negotiation Abilities and Achieve Win-Win Outcomes with These Powerful Strategies

    In life, there are countless instances where we are required to negotiate with others, whether it’s in business, relationships, or even buying a car.

    While we may desire fairness, it’s important to remember that we don’t always get what’s fair – we get what we negotiate. So, how can we improve our negotiation skills and achieve the best possible outcomes? Here are six powerful tactics to transform your negotiation abilities and increase your chances of success.

    Understand Their Interests (LIE Method) The key to successful negotiation lies in understanding the other party’s interests. This can be achieved through the LIE Method:

    Listen: Ask open-ended questions and genuinely pay attention to their needs.

    Infer: Read between the lines and identify their priorities. Engage: Show empathy and address their concerns.

    Use Silence Strategically (70% Rule) In a negotiation, aim to let the other person do 70% of the talking. Silence can make people uncomfortable, often causing them to reveal more information than intended. Combining silence with active listening will give you valuable insights.

    Master Your Non-Verbal Communication (7-38-55 Rule) People assess your credibility based on: 7% words 38% tonality and facial expressions 55% body language. By maintaining composure, exuding confidence, and using open gestures, you can enhance your persuasiveness.

    Use Humour humour can help break the ice and diffuse tension during negotiations. People are more likely to compromise with someone they like. To be funnier, try: Using self-deprecation Finding a common enemy Exaggerating for effect Never Show Desperation. Ever. Desperation can significantly undermine your position in a negotiation. Keep your emotions in check and display patience and control, even when things get tough. Remember, negotiation is a game of poker, not a confession.

    The Flawed Diamond Rule Perfection isn’t the goal in negotiation; fairness is. Reflect on your favourite deal or bargain – it wasn’t perfect, but it was fair.

     

    Embrace the flaws and focus on finding the value in the situation. In conclusion, by understanding the other party’s interests, using silence strategically, mastering non-verbal communication, incorporating humour, maintaining control, and embracing the Flawed Diamond Rule, you can significantly improve your negotiation skills. Remember, achieving fairness often comes down to effective communication and strategy.

     

    – yourstory.com –

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleThe Mike Adenuga People Don’t Know – Toni Kan  
    Next Article Economist: Dangote Urges African Countries to Dismantle Trade Barriers to Sustain Growth, Overall Devt
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    Business May 30, 2023

    Fidelity Bank MD, Nneka Onyeali-Ikpe Gets National Award

    Lifestyle May 30, 2023

    10 things to know about late Raymond Dokpesi

    Business May 30, 2023

    AMNESTY: FROM STIPEND TO ENTREPRENEURSHIP

    Politics May 30, 2023

    ASIWAJU TINUBU’S DATE WITH DESTINY

    Lifestyle May 30, 2023

    Dangote came to Lagos with nothing, built an empire in 45 years – Sanwo-Olu

    Beauty May 30, 2023

    Fancy Acholonu Nigerian-American model & entrepreneur launches new fragrance line, Simply Fancy

    Leave A Reply Cancel Reply

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Don't Miss
    Business May 30, 2023

    Fidelity Bank MD, Nneka Onyeali-Ikpe Gets National Award

    Fidelity Bank MD, Nneka Onyeali-Ikpe Gets National Award Chief Executive Officer of Fidelity Bank PLC,…

    Napoli offer Osimhen pay rise

    May 30, 2023

    Alex Otti plans to recruit 5,000 teachers

    May 30, 2023

    Tinubu makes history as first former governor, senator to be president

    May 30, 2023

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    About Us
    About Us

    We are Multimedia company that specializes in Events Coverage and Planning, Media Publicity, Publishing, Awards and Outsourcing in giving styles to your event and creating brand visibility for your products and services.

    Email Us: info@megastarmagazine.com
    Contact: +234 705 311 1111

    Our Picks

    Fidelity Bank MD, Nneka Onyeali-Ikpe Gets National Award

    May 30, 2023

    Napoli offer Osimhen pay rise

    May 30, 2023

    Alex Otti plans to recruit 5,000 teachers

    May 30, 2023
    New Comments
    • Nene on Ohanaeze Ndigbo Women Solicits for a Panacea Peace,Unity Progress and promotes culture
    • Favour Egbune on EXCLUSIVE INTERVIEW: LOVE TO WORK WITH BURNABOY SOON, SAYS KENDRICK AWE.
    • Akpobo on Olu of Warri: Ex-President Jonathan Congratulates Tsola Says His Emergence Divinely Ordained
    • Austine on God is my role model,every other person copied from other people in a way or two – Hopey J
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2023 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.